SaaS Alerts, a cybersecurity company delivering an automated software-as-a-service (SaaS) security platform designed to detect and stop unauthorized activity in customer SaaS applications, announced it is partnering with FifthWall Solutions to offer its new Beltex cyber insurance solution to MSPs and their customers.
FifthWall Solutions, a Wexford, PA-based cyber insurance provider, created Beltex, a customized, turnkey insurance product for the MSP channel, to be bundled with SaaS Alerts products.
Cyber insurance program
Beltex manages the process from start to finish, freeing MSPs from control and oversight
The cyber insurance program for SMBs offers the flexibility to meet individual SMB requirements and be packaged and underwritten with specific security bundles.
MSPs who deploy SaaS Alerts to their customers will have access to a customized Beltex link they can send to their customers to verify eligibility and, in many cases, receive a direct quote and coverage within minutes.
Beltex manages the entire process from start to finish, freeing MSPs from management and oversight.
Barriers to cyber insurance
"Many SMBs are easy targets for cybercriminals," said Jim Lippie, Co-Founder and CEO of SaaS Alerts, adding "They often lack the resources to secure their environments and the time and expertise to pursue approval for cyber insurance."
He continues, "SaaS Alerts is excited to partner with FifthWall to eliminate the barriers to cyber insurance. Every business that has SaaS Alerts through an MSP now has quick and easy access to cyber insurance to protect their operations and their customers."
Cyber insurance qualification process
"Acquiring cyber insurance typically requires too many steps and layers with multiple applications, uneducated agents, and no transparency on requirements and controls," said FifthWall Solutions President, Reid Wellock.
He adds, "Beltex simplifies the cyber insurance qualification process, making it easy for SaaS Alerts’ MSPs to provide their end customers with exclusive access to our solution. We think this will be a huge differentiator for SaaS Alerts partners."
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