Learn How to Insure IT Service Providers (MSPs)

Become an expert at insuring IT Service Providers (also known as MSPs, or Managed Service Providers). There is a huge opportunity here: more & more IT companies are starting up as a result of the remote work boom!
What is considered an MSP?
Infrastructure as a Service
HelpDesk
Network Monitoring and Management
Cybersecurity
Cloud Services
Backup and Disaster Recovery
Definition: A managed service provider (MSP) is a third-party company that manages and delivers IT (information technology) services to another organization. These services tend to be digital, remote, and ongoing-however, some MSPs offer in-person IT assistance, too.
What is RMM?
Definition: Remote monitoring and management (RMM) is a process designed to help managed IT service providers (MSPs) remotely and proactively monitor client endpoints, networks, and computers. RMM can also be referred to by other names like remote IT management or network management.
Coverages to consider include Media Liability, General Liability, Professional Liability (E&O), and Cyber Liability.
Questions? Contact us: [e-mail]
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CID Insurance Programs is an E&S Wholesaler specializing in commercial insurance products designed for independent and captive insurance brokers’ business client’s needs.
Our wholesale business insurance products encompass a broad range of preferred to manageable hard-to-place risks. CID Insurance has developed strong relationships with both admitted and non-admitted markets. Our commitment is to make the quote and bind process fast and easy for our retail insurance brokers.

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Let us know if you're going to be pursuing more IT/MSP clients! 😄