EPIC Pharmacies Provides Cyberattack Coverage for Independent Pharmacies
COCKEYSVILLE, Md.— EPIC Pharmacies, Inc. is pleased to partner with Diversified Insurance Industries, Inc. to announce the addition of cyber liability/data breach insurance as a no-cost benefit to more than 1,300 independent pharmacies.
Pharmacies, like most businesses, are increasingly storing personal, health, and financial information online. Against a backdrop of data breaches in a range of industries, EPIC Pharmacies is offering independently owned pharmacies an opportunity to protect against the negative impacts of a security breach, including lost business, reduced productivity, and damaged reputation.
“EPIC Pharmacies is proud to be one of the first independent pharmacy organizations to offer cyberattack coverage with no deductible or premium to its members,” says EPIC Pharmacies President and CEO Angelo C. Voxakis, P.D. “As the business environment evolves, we continually seek to provide modern tools and services for independent pharmacies.”
Members will have access to an expert panel of attorneys and claims representatives that will handle any claim from start to finish. Furthermore, members will receive support from specialized vendors who are experienced in handling privacy breaches. They will also have access to online compliance materials, training programs, and step-by-step procedures to reduce risk. The vast collection of services will ensure that each pharmacy’s specific needs are met.
“We’re excited to partner with EPIC Pharmacies to provide this valuable, unique coverage to independent pharmacies across the nation,” says Diversified Insurance Industries Executive Vice President Salvatore J. DiPietro, CPCU. “Not only does the buying power of EPIC Pharmacies afford members a free $100,000 coverage policy, but each pharmacy also has the option to augment coverage at a reasonable rate.”
For more information on this and other benefits of EPIC Pharmacies membership, visit www.epicrx.com.
About EPIC Pharmacies, Inc.: Formed in 1982 and headquartered in Maryland, EPIC Pharmacies is a true co-op of community pharmacies dedicated to personal, quality service and competitive prices. By providing its members with group buying power, provider networks, and managed care solutions essential to delivering quality patient care, EPIC Pharmacies is committed to helping independent pharmacies thrive in today’s chain-saturated marketplace. For more information about EPIC Pharmacies, visit www.epicrx.com.