Cysurance partners with Kaseya on cyber risk management

Cyber insurance provider Cysurance has partnered with Kaseya, a provider of IT infrastructure management solutions for managed service providers (MSPs) and internal IT organizations.

By bundling Kaseya Compliance Manager and Cysurance’s cyber policy underwritten by Chubb, MSPs can offer customers greater value and increase recurring revenue.

Kaseya Compliance Manager’s role-based platform uses a wizard-driven workflow engine, automated network and computer data discovery, a web-based management portal and built-in compliance document generation and archiving. Rather than providing another checklist of tasks and needed information, it allows MSPs to automate and simplify compliance for their customers. Compliance Manager offers several modules for varying standards, including a cyber insurance module that increases the likelihood of claim payment by satisfying policy conditions.

NYC-based Cysurance is a licensed agent designed to allow MSPs to bind a broad cyber policy on behalf of their customer right at the point of sale. By integrating with tools like Kaseya Compliance Manager, it empowers MSPs to bind policies up to $2,000,000 for clients, without application or underwriting – often for less than the price of a cup of a coffee a day.

“Kaseya Compliance Manger delivers Compliance-as-a-Service. Cysurance delivers Cyber-Insurance-as-a-Service. This partnership is a natural fit and gives MSPs a value-added offering that provides their customers not only with the tools to satisfy insurance policy conditions but also cost-effective, robust coverage to help them recover in the event of a breach.” – Max Pruger, general manager of compliance at Kaseya .

“By joining forces with Compliance Manager, we’ve created a product that gives MSPs the ability to be their clients’ one-stop shop for the cyber risk management trifecta of effective cybersecurity, cyber governance, and cyber insurance.” – Kirsten Bay, co-founder and CEO of Cysurance.