SaaS Alerts has partnered with FifthWall Solutions to expand the Beltex cyber insurance solution to managed service providers (MSPs) and their customers.
FifthWall Solutions, based in Wexford, Pennsylvania, has developed Beltex, a cyber insurance solution tailored for the MSP channel, intended to be packaged with SaaS Alerts' products. This program is designed to be flexible, meeting the individual requirements of small and medium-sized businesses (SMBs) and allowing for bundling with specific security solutions, according to the companies.
MSPs that implement SaaS Alerts for their clients will be provided with a special Beltex link, enabling those clients to verify their eligibility for cyber insurance. In many instances, customers can receive immediate quotes and coverage. Beltex is designed to streamline the entire insurance application and issuance process for MSPs and their clients.
Executive Comments
Jim Lippie, co-founder and CEO, SaaS Alerts, commented:
"Many SMBs are easy targets for cybercriminals. They often lack the resources to secure their environments and the time and expertise to pursue approval for cyber insurance. 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."
Reid Wellock, president, FifthWall Solutions, said:
"Acquiring cyber insurance typically requires too many steps and layers with multiple applications, uneducated agents, and no transparency on requirements and controls. 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."
About the Companies
SaaS Alerts provides a cybersecurity platform for MSPs, offering detection and automation for remediation of SaaS security threats. It offers unified, real-time monitoring of major business SaaS applications to protect against unauthorized access and data theft.
FifthWall Solutions works with over 1,400 MSPs and IT professionals, offering access to a wide range of insurance carriers and specializing in cyber insurance solutions. The company supports MSPs in navigating the cyber insurance process for their clients, ensuring access to optimal rates and coverage.
