Augmentt, SeedPod Bring Cyber Insurance for MSPs, Customers to Market

Focused on making MSPs more secure and successful, Augmentt, a SaaS security and management platform built for MSPs, announces today that SeedPod Cyber is offering MSPs using Augmentt Discover and Augmentt Secure up to 40 percent off the cost of cyber insurance for the customers they serve.

Fiscussions with the Augmentt’s 2022 Partner Advisory Board showed most insurance agencies lack a solid understanding of the MSP model and the business and technical needs of their clients when it comes to meeting cybersecurity requirements. Augmentt CEO and co-founder Derik Belair notes, “MSPs and the businesses they serve can expect their cyber insurance premiums to increase by 50 percent to 100 percent in the coming year as data breaches and cybersecurity incidents become more prevalent. That is a big hit to increased operating costs, erodes an MSP’s margin and is exactly why we’re working with cyber security companies including SeedPod to show our technology reduces risk and keeps MSPs and their customers more secure.”

Available now to Augmentt partners, the SeedPod Cyber Insurance Program includes comprehensive cyber insurance protection from data breaches, ransomware attacks, cyber threats and loss of income due to cyber-related incidents. MSPs using these two innovative Augmentt solutions together easily meet the required criteria for cyber insurance agencies and qualify for the SeedPod Cyber Insurance Program:

  • Augmentt Discover to identify every SaaS application used across their customer’s organization, regardless of where people work, which device they use, and how they run the application.
  • Augmentt Secure provides MFA alerting, remediation, threat reports to improve the MSP’s security posture as well their customers’.

“The rapid adoption of SaaS-based tools by individuals and businesses over the past few years has put pressure on MSPs that are more accustomed to managing on-premises applications and systems,” says Doug Kreitzberg, CEO of SeedPod Cyber. “Tools like those developed by Augmentt enable MSPs to automate the management, auditing and security of their customers’ SaaS-based applications, affording them greater visibility into those environments, which in turn gives us increased confidence when we underwrite and price risks.”

Enabling MSPs to become a next-generation cloud MSP, Augmentt offers 100 free seats of Augmentt Discover. To sign up click here.

For more information about Augmentt’s solutions, training and partner enablement resources visit www.augmentt.com.