Downtime Insurance
Downtime happens.
We make sure you’re financially protected.
You rely on third-party IT service providers for your mission-critical activities, but their downtimes are out of your control. Our hassle-free fast-paying policies protect you from financial losses when those services go down, enabling you to quickly get back to business.
Affordable policies, guaranteed payouts
No surprises! Our parametric policies pay out in full within days of the insured event
Ensure a fast financial recovery
No delays! Quick payments enable you to rapidly rebound from any outage event
Protect your SLAs and any other losses
No restrictions! Compensate customers, pay your operational costs and recoup any losses
Tech-enabled insurance for tech-dependent companies
Our state-of-the-art monitoring system continuously tracks the availability and performance of all your mission-critical third-party IT services without requiring you to install anything on your systems. Whenever it detects downtime events, the system automatically triggers the policy which pays within 15 days through a hassle-free process.
How It Works
Determine Pre-agreed Coverage Amounts
Specify how much money you need to cover for each hour of downtime during our automated onboarding process
Service Outage Triggers Policy Coverage
We continuously monitor your services (you don’t have to install anything!) so we know exactly when downtime begins
Quickly Receive a Payout With No Hassles
You will get the pre-agreed payment within 15 days at most with no usage restrictions or a claims adjustment process
Coverage for all your cloud-based services
Learn more about the only affordable coverage for the rapidly growing downtime risks created by third-party cloud-based providers
Learn more about coverage for downtime caused by cloud service providers such as AWS, Azure and GCP
Learn more about coverage for downtime caused by ecommerce service providers such as Shopify and BigCommerce
Learn more about coverage for downtime caused by third-party payment service providers such as Stripe and PayPal
Learn more about coverage for downtime caused by CRM service providers such as SalesForce and HubSpot
Learn more about coverage for downtime caused by CDN service providers such as Cloudflare and Fastly
