1. Anyone connected to the Internet for business faces the risk of claims for libel, slander, breaches of intellectual property and confidentiality rights. The policy pays for legal liability and defence costs arising out of ‘e-activities’ broadly meaning ‘the transacting, disseminating or enabling the marketing, buying, selling or distribution of goods, services or information through electronic networks. Additional clauses cover cost of replacing records, financial losses due to fraud, legal fees for enforcing intellectual property rights, loss of profits due to interruption in trading through viruses, hacking, etc., claims by employees, brand protection, etc. 2. Internet service providers insure their Internet liability arising out of the provision of Internet services. Risk management is an important response to all Internet risks.
Tag: RAW
Internet Weather Derivatives Exchange (I-Wex.com)
Information and research portal for global weather derivatives market. Gives access to LIFFE trading and the OTC weather risk market. It is a consortium formed between Intelligent Finance Systems Ltd, LIFFE, and Intellectual Resources Exchange Ltd (WIRE). The portal contains weather data from all major contract sites worldwide. World-wide
Internet-only manuals (IOMs)
Medicare regulations online that replaced guidelines previously printed as paper-based manuals.
Internist
Doctor who finds and treats health problems in adults.
Interoperability
Ability of different information technology systems and software applications to communicate; exchange data accurately, effectively, and consistently; and use the information that has been exchanged. This is a definition created by member organizations of the National Alliance for Health Information Technology available online at www.nahit.org .
interoperable
For e-prescriptions, able to communicate and exchange data accurately, effectively, securely, and consistently with different information technology systems, software applications, and networks in various settings and exchange data such that the clinical or operational purpose and meaning of the data are preserved and unaltered.
Interplan
Agreement between Blue Cross Plans through which a local plan may provide benefits for any out-of-area Blue Cross subscriber.
Interpleader
System of settling an insurance claim in which the insurance company pays the policy proceeds to a court because the insurer is not able to determine to whom the proceeds should be paid and asks the court to decide.
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A legal procedure whereby if more than one person lays claim to property the party, such as the insurer, who is liable to one or the other, may ask the court to decide which.
Interpretation
1. Act or process of translating or explaining. 2. Health care provider’s review of the patient’s data expressing a verbal opinion or written documentation in a chart note or report. Interpretation of a test is a billable service.
Interrogatories
A procedure for gaining evidence which involves one party submitting questions to the other party in order to gather facts and information to prepare for a trial.