Bellevue, Wash. – March 10, 2014 – Ultra Risk Advisors, a national insurance program manager, has introduced new cyber privacy coverage specifically tailored to cyber and privacy exposures in the healthcare industry.
“Every type of business is vulnerable to losses due to privacy breaches but healthcare organizations have even more exposure because they deal with highly sensitive health-related information as well as financial information” said Chris Randall, president and CEO of Ultra Risk Advisors. “Healthcare providers collect more information than other types of businesses and often keep the information much longer which increases their exposure. As specialists in healthcare, we saw a definite need for this type of coverage and now we’re able to offer it to our insurance broker partners to offer to their healthcare clients,” Randall said.
In addition to cyber privacy insurance coverage, Ultra will offer valuable tools and resources for policyholders to stay informed about current data security and privacy issues, news and events. They also will provide resources to manage a breach event when it happens.
About Ultra Risk Advisors:
Ultra Risk Advisors is a privately held commercial insurance program administrator and specialty wholesale broker based in Bellevue, Wash. The company also has offices in Chicago and Atlanta. Ultra specializes in professional and general liability insurance in the healthcare field. For more information, visit www.ultrariskadvisors.com.