2026-08-05 · Source: GlobeNewswire (API)
Summary in 3 Points • Cynomi and SPECTRA have partnered to offer MSPs a streamlined certification process • The partnership allows MSPs to offer warranty-backed protection and reduce cyber insurance costs • Certified MSPs can access preferential insurance rates and a referral pipeline from SPECTRA's partners --- Cynomi and SPECTRA have announced a strategic partnership aimed at helping MSPs, MSSPs, and vCISO firms prove their security value and reduce cyber insurance costs. The integration allows Cynomi partners to achieve SPECTRA Certification quickly, using existing self-assessment data and control evidence. This certification enables MSPs to offer clients warranty-backed protection through SpectraCare, with coverage up to $1,000,000 per client. The partnership also provides MSPs and their clients with preferential cyber insurance rates and reduces errors-and-omissions insurance costs. SPECTRA works with major insurers, including Lloyd's of London syndicates, to certify MSPs against industry standards.
This partnership between Cynomi and SPECTRA could influence the London insurance market by providing a new model for evaluating MSPs' security capabilities. With SPECTRA's connections to Lloyd's of London syndicates, the certification process may become a standard for underwriting decisions, potentially affecting policy wording and pricing strategies. The ability to offer warranty-backed protection and preferential insurance rates could lead to increased competition among insurers and brokers in the London market. Additionally, the streamlined certification process may encourage more MSPs to seek certification, increasing the pool of certified providers available to London market insurers.