Imagine a situation where an insured buys individual Medical Malpractice, Tech E&O, and Products Liability policies from separate insurers. The insured is a cardiologist whose business uses software with AI to interpret ECG data sent to their platform from wearable tech. If the interpretation of the data is incorrect causing the misdiagnosis of a patient who later suffers a heart attack, where does the fault lie? Does the buck stop with the cardiologist (ie the Medical Malpractice policy), the platform (ie the Tech E&O policy), or the wearable device (ie the Products Liability policy)?

It could be a complicated situation to unravel.

This is why insurance products must keep up with the constant advances in healthcare technology.

Our attached paper outlines this particular scenario in more detail and more importantly, provides the insurance solution.