Cysurance, Kaseya Improve Cyber Insurance Coverage

Cysurance, a next-generation risk mitigation company that insures, warranties and certifies security solutions, is partnering with Kaseya, a global provider of unified IT management and security software for managed service providers (MSPs) and small to mid-size businesses (SMBs), to launch the Kaseya Cyber Insurance Fast Track Program.

The partnership with Cysurance delivers up to $1.5 million in cyber-security insurance coverage for companies that adopt and implement Kaseya’s IT Complete Security Suite.

“The suite includes Kaseya’s Dark Web ID, BullPhish ID, Graphus or SaaS Defense, Datto EDR and RocketCyber Managed Security Operations Center (SOC) modules,” said Kirsten Bay, co-founder and CEO of Cysurance. “Cysurance has not only worked with Kaseya to certify, warranty, and insure properly implemented solutions, we have also streamlined the enrollment process for underwriting risk while offering between 20 percent-50 percent discounts from traditional cyber-coverage rates.”

Enterprise spending on security, risk management and resilience is rising to address a worsening threat landscape. Breaches, however, continue unabated, prompting cyber insurance companies to raise rates and reduce coverage.

Cysurance solutions from players in the cyber sector are warrantied for insurability. They also are designed to be interoperable, with solutions working together cost-efficiently to offer enterprises maximum protection.

Managed service providers can participate in the Cyber Insurance Fast Track Program by adding coverage to existing – and new – services based on Cysurance-certified Kaseya solutions. Kaseya customers can access the Cyber Insurance Fast Track Program directly through the KaseyaOne customer portal, to verify the necessary modules and related requirements to qualify for Cysurance-certified coverage.

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