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Todyl SPECTRA Partnership On Cyber Insurance for MSPs – Lower Costs, Faster Quotes

Posted on April 8, 2025April 8, 2025 By Martin Hinton
Certification-Based Process Replaces Outdated Methods

Todyl has partnered with SPECTRA to revamp how MSPs and their clients obtain cyber insurance. The new process uses a three-step certification method that replaces traditional questionnaires and scans. “Traditional approaches to assessing cyber risk rely heavily on questionnaires or external scans that lack necessary context,” said John Nellen, Founder and CEO of Todyl. The certification process evaluates vendors first, then MSPs, and finally, the client implementation. This structure creates clear documentation of security practices for insurers, leading to faster decisions and better coverage options with premium discounts.

Cyber Insurance Improvements and Premium Discounts

The program offers clients access to preferred coverage, often backed by top-tier insurers like Lloyd’s of London. Insurers may reduce premiums by up to 36%, even for high-risk sectors or clients with a history of incidents.

Todyl and SPECTRA logo used in article about their partnership to enhance cyber insurance solutions for MSPs

“By partnering with Todyl, we’re creating trust between the insurance industry and MSPs,” said Edouard von Herberstein, Founder and CEO of SPECTRA. “Insurers can better understand and price risk.”

Warranty-Backed Security and Faster Procurement

MSPs can differentiate their services by offering warranty-backed protections with financial guarantees. Clients build confidence because insurers recognize their security practices during the underwriting process.

Insurance quotes, often delivered in under 24 hours, significantly reduce the traditional procurement time of weeks or months.

“This partnership ensures those efforts are properly recognized in the insurance process,” Nellen added. “We’re proud to help MSPs demonstrate the effectiveness of their security services.”

SPECTRA logo representing its role as a next-generation cyber insurance and risk management platform for MSPs and carriers.
Early Successes Highlight Impact

According to a press release announcing the news, the Todyl SPECTRA partnership has already shown measurable results:

  • A U.S.-based MSP serving high-risk industries secured a 36% premium reduction after being declined by a market-leading insurer.
  • A large international research organization gained comprehensive coverage following rejections from multiple top carriers.
  • A UK-based MSP with over $100 million in revenue reported 98% client adoption of warranty-backed services. Of those clients, 90% named it as a key differentiator.

Other News: Todyl Updates Partner Program to Support MSPs in Cybersecurity Efforts(Opens in a new browser tab)

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

Cyber Insurance, Managed Service Providers Tags:cyber insurance, cyber security certification, Managed Service Providers, MSPs, premium discounts, Spectra, Todyl, warranty-backed services

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