Recent technological advancements have transformed the management and delivery of healthcare services with improvements in patient care, efficiency, and procedural methods. Insurance agents should fully understand how technology influences the healthcare sector to provide comprehensive insurance options to healthcare providers. 

Better protection helps ensure that healthcare services remain in operation despite the widespread cyber threats. In this blog, we explore how technology has changed the healthcare landscape with a focus on cybersecurity and the value of cyber and technology insurance provided by Amwins.


Enhancing Patient Care and Engagement with Technology

Advancements in technology have improved patient care and engagement, which has led to better health outcomes. Electronic health records (EHRs) have replaced traditional paper-style medical records, allowing healthcare providers to access patient information efficiently and securely. EHRs have improved information access and care, although it leaves that information vulnerable to breach or theft from cyber threats.

Telemedicine services and remote monitoring have made healthcare services more accessible, especially in remote areas and for those with mobility challenges. Insurance agents can provide options for coverage to protect healthcare providers against the risks of telemedicine. Healthcare providers must ensure compliance with regulations and patient data-safeguarding measures. Patient privacy and protection are of utmost importance.


Cybersecurity and Protecting Sensitive Data

Technology advancements continue to progress, stressing the importance of cybersecurity for the healthcare industry. Most healthcare providers store patient records digitally, making them particularly vulnerable to cyberattacks. There are a few common threats for healthcare businesses, including phishing threats, malware, ransomware, theft of patient data, and insider threats.

Insurance agents should illustrate the importance of cyber and technology liability coverage to their clients for protection against data breaches, network security incidents, and privacy violations. Amwins provides tailored coverage options for healthcare providers to mitigate their cyber risks and guard against financial losses and reputational harm.


The Value of Cyber and Technology Liability Insurance

Amwins offers comprehensive cyber and technology liability coverage options for healthcare providers. Our policies address the unique challenges of cybersecurity for the healthcare industry. Technology continues to evolve, and cyber threats become more sophisticated as it does. Insurance agents can serve their clients by partnering with Amwins to provide comprehensive protection against cyber risks and associated liabilities. Healthcare clients can save on the cost of credit monitoring, mitigation efforts from a data breach, legal fees associated with cyber threats, and any public relations costs incurred to address a cyberattack.

Technology is more important than ever for the healthcare industry and continues shaping the landscape. In addition, when used properly, technology provides a variety of opportunities for improving patient care, streamlining operations, and enhancing efficiency. When they stress the importance of cybersecurity and provide solutions for cyber and technology liability insurance from Amwins, insurance agents can better assist healthcare providers in safeguarding sensitive information and patient data, mitigating cyber risks, and keeping up with technological advancements in the healthcare industry.