There is currently a growing demand for cyber security standards and certification from customers and their insurers. Such standards are commonplace in all other insurance industry verticals: from commercial property, shipping, to aviation; which have all developed their own “standard security codes” to ensure the resilience of the asset, the mitigation of most common risks, and the safety of its users and customers. Cybersecurity is now following a similar trend as all stakeholders (business owners, investors, partners, and insurers) benefit from a simple and trusted certification of resilience of their business to cyber threats.

The focus amongst buyers of managed security is pivoting from purely tech to a risk outcome discussion.

Introducing SPECTRA Certify

SPECTRA has developed the first MSP certification platform that is recognized by leading global insurers. The SPECTRA Certify program establishes best practices across technology, processes, and people, with a strong emphasis on the human element. It addresses the foundational security measures insurers expect to see before delivering a cyber insurance quote.

Here’s what sets Spectra certification apart:

• Focus on Resilience: Certification emphasizes the resilience of your services, and the ability to quickly recover from cyber incidents.
• Expert Insights: Spectra’s requirements are regularly updated by a team of cybersecurity and insurance experts, helping our partners stay up to date on the common drivers of insurance claims.
• Non-Intrusive Assessments: Our assessments are non-invasive, vendor agnostic, and focus on your specific solutions and customer outcomes.
• Warranted Performance: Spectra stands behind the performance of your services, offering warranties and refunding fees if services do not meet expectations.
• Insurance Benefits: Access to preferred cyber insurance programs for you and your customers.

Why MSPs value Spectra Certification

"Spectra Certification was a great exercise to assess our service delivery, internal controls, and prove we’re doing the right things," CEO, US Mid-Sized MSP

• Become More Strategic to Customers: Shift discussions from tech to risk outcomes, showing how cybersecurity investments lead to better insurability.
• Drive Security Adoption: Upsell managed security services to customers looking for better protection and insurance options.
• Access to Preferred Insurance: MSPs gain access to favorable cyber insurance for you and your customers.
• Stay Ahead of Market Trends: Receive insights on cyber insurance trends, including emerging liabilities (AI, supply chain, etc..), ever-changing insurance requirements, and the latest claims analysis to inform your MSP business strategy.
• Tailored Readiness Workshops: Access workshops designed to help you and your customers prepare for and navigate insurance readiness.
• Simple and Reliable Warranties: Spectra service warranties are easy to sell and settle, available to any customer.

Benefits to Your Customers

"The certification helped us demonstrate the value of adopting more security services to our customers," Technical Director, UK MSP

• Trusted Independent Certification: Provides customers with confidence in the quality of the services they have purchased.
• Preferred Insurance Access: Easier access to better cyber insurance products, and often a smoother process when engaging with brokers.

Spectra certification does not just enhance security; it strengthens the trust between MSPs, customers, and insurers, paving the way for more deals and a stronger market position. Ready to take your managed security services to the next level? Connect with Spectra today at info@spectra.bm.

#Cybersecurity #MSP #CyberInsurance #RiskManagement #SpectraCertification #BusinessResilience #ManagedSecurity #SpectraCertify