Tech E&O and Cyber Insurance Education

Protect Your MSP and Drive Growth with Tech E&O and Cyber Insurance
As a Managed Service Provider (MSP), you’re in the business of safeguarding your clients’ technology and data. But who’s protecting your business? Tech Errors & Omissions (Tech E&O) and Cyber Insurance are critical for MSPs to mitigate risks, satisfy client demands, and create new revenue streams.

What is Tech E&O Insurance?

Tech E&O (Errors & Omissions) insurance is designed specifically for technology service providers like MSPs. It protects your business against claims of:

Professional Negligence: Failing to deliver promised services or making mistakes that lead to financial loss for a client.
Breach of Contract: If a client alleges that your services didn’t meet agreed-upon expectations.
System Failures: Issues arising from technology you manage or provide.
It combines liability protection for errors and omissions with robust cyber insurance to safeguard your operations and reputation.

Why MSPs Need Tech E&O and Cyber Insurance?

As an MSP, you face unique risks that can jeopardize your business:

Client Claims: A single system misconfiguration or missed patch can lead to a ransomware incident for your client—and they may hold you accountable.
Cyberattacks: MSPs are prime targets for cybercriminals looking to compromise multiple clients in one attack.
Contractual Obligations: More businesses now require proof of insurance to sign or renew service agreements.
It combines liability protection for errors and omissions with robust cyber insurance to safeguard your operations and reputation. Tech E&O protects your business so you can confidently deliver services without worrying about catastrophic financial fallout.

Common Claims Against MSPs:

Ransomware Liability: A client’s network is encrypted due to a breach traced back to your managed services.
Downtime Losses: A misstep during a migration causes a critical system outage, leading to lost revenue for your client.
Compliance Gaps: A failure to meet evolving regulatory requirements or standards results in fines for your client.
Without the right coverage, these claims can cost your business hundreds of thousands—or even millions—of dollars.

How Cyber Guy Bri Can Help

We specialize in brokering Tech E&O and Cyber Insurance policies that align with your MSP’s unique risk profile. Here’s what we offer:

Tailored Coverage: Customized policies to fit your service model and contractual needs. Expert Guidance: We demystify the complex world of insurance, so you understand your coverage and its value.
Risk Alignment: Our solutions meet cyber insurance underwriting requirements, ensuring compliance while enhancing your security posture.

Why Leaning into Cyber Insurance Grows Your MRR
Cyber insurance isn’t just protection—it’s a strategic opportunity. By aligning your security offerings with cyber insurance underwriting requirements, you can:

Differentiate Your Services: Help clients meet insurer standards and win more business. Sell Value-Add Services: Offer compliance packages, incident response support, and vulnerability assessments.
Deepen Client Relationships: Position your MSP as a trusted advisor for both technology and risk management.
Clients increasingly look to their MSPs for guidance on cybersecurity and insurance. By embracing this, you become indispensable to their business.

Get the Right Coverage, Grow Your Business

Cyber Guy Bri is here to help MSPs like you navigate the complexities of Tech E&O and Cyber Insurance. With the right protection in place, you can focus on growing your business, serving your clients, and staying ahead of cyber threats.

Ready to protect and grow your MSP? Contact us today for a free consultation!

Whether you are an MSP, IT service provider, MSSP, or cybersecurity vendor, engage with Cyber Guy Bri to:

Quantify your firm’s cyber risk in dollars
Better understand the cyber insurance industry
Learn how leveraging cyber insurance with your clients can increase your firm’s MRR
Evaluate your firm’s technology spend, whether that be telecom, mobile, security, cloud, or SaaS solutions
Collaborate on marketing efforts surrounding the topic of cyber insurance & risk management via blogs, podcasts, videos, webinars, and in-person events