Questions, answered
Certification, pricing, insurance, warranties and how the program works.
Insurance
Does SPECTRA sell insurance?
No. Cyber insurance is a regulated product and must be placed by a licensed broker. SPECTRA certifies MSPs; our broker partners place the coverage. If your client already has an agent, that agent can access the program; we don’t displace them.
How do clients of a certified MSP get preferred cyber insurance?
A 2-minute insurance application, no technical questionnaire. SPECTRA obtains from the certified MSP (and provides the insurer with) a detailed cyber posture inspection report of the applicant. Within 48 hours of submitting the short application, you receive a cyber insurance quote for preferred coverage and up to 35% discounted premium from an AM Best A+ rated insurer (Lloyd’s of London).
When do security referrals from brokers and insurers start?
Security referrals become available once you achieve Level 1 certification. This level signifies a robust security posture that qualifies you for direct referrals from our network of insurance brokers. Level 3 demonstrates a more robust security posture and gets preferred referrals.
What happens after a claim?
After a claim, SPECTRA insurance partners commit to not seeking indemnification (subrogation waiver) from the MSP, keeping the certified MSP on the incident, and avoiding delays and a costly rip-and-replace of the IT estate at the insured.
Does SpectraCare replace cyber insurance?
No. SpectraCare is a service performance warranty. It is not an insurance policy and does not indemnify financial losses: that is what a cyber policy is for.
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Start with Approved. Free, and about 20 minutes.
Fully self-service in PRISM: no sales call required. You’ll answer general questions about the solutions and vendors you use and upload a few pieces of evidence. No credit card, no commitment.
Includes one discounted cyber insurance referral for a client of your choice. Complete it today and refer your first client before the end of the week.