Small and medium-sized businesses (SMBs) often struggle to manage their cybersecurity while also running their operations. Recognizing this challenge, Cork Protection, Inc. has announced a strategic partnership with DataStream to streamline cyber insurance policy underwriting and bolster cyber protection for Managed Service Providers (MSPs) and their clients.
Paul Guthrie, Managing Director of DataStream, emphasized the importance of the partnership. “It’s difficult for an SMB to become a cybersecurity expert while also managing their business, but with the right partners, they can easily avoid becoming a target for cybercriminals,” said Guthrie. “We are pleased to be teaming with Cork to offer MSPs a one-stop shop for cyber assurance. By purchasing both a cyber warranty policy and a cyber insurance policy at the same time, MSPs can create a security blanket around their IT infrastructure and ensure they have the financial coverage and mitigation services they need in the event of an attack.”
Carlson Choi, CEO of Cork, expressed excitement about the new partnership. “As we mark Cork’s one-year anniversary since exiting stealth mode, we are excited to announce our new partnership with DataStream,” said Choi. “This alliance demonstrates our commitment to helping MSPs strengthen both their cybersecurity and that of their clients against the evolving cyber threat landscape by simplifying the deployment of risk mitigation and financial protection. We are thrilled to enable our partners to utilize Cork’s cyber intelligence and active loss prevention platform for underwriting, granting immediate access to Cork’s cyber warranty and providing a DataStream cyber insurance estimate within minutes.”
The Partnership
The partnership between Cork and DataStream aims to reduce the total cost of cyber financial protection ownership for MSPs and their clients. DataStream’s coverage and risk analysis tools address first-party and third-party losses, including breaches, ransomware, cybercrime, and cyber-terrorism. Cork’s real-time monitoring and active loss prevention platform help MSPs and their clients prevent cyberattacks and receive prompt financial relief and fast claim payouts if an attack occurs.
Cork specializes in providing cyber warranty solutions for MSPs serving small businesses and the software solutions they manage. Its AI-enhanced platform offers near-instant coverage and settlements post-security incidents. Cork’s approach to actionable insights and flexible claims management seeks to empowers MSPs and SMBs to protect their valuable digital assets.
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