In this episode of the IT Business Podcast, host Marvin Bee interviews Larry Meador, the channel chief for DataStream Insurance. DataStream is a specialty cyber insurance-only broker with over 40 different carriers in their portfolio. They focus on partnering with MSPs and MSSPs to help their SMB clients get insured. The company uses AI and machine learning to analyze data, enabling them to offer better products and help MSPs get ahead of the insurance process. The discussion revolves around the misconceptions surrounding cyber insurance and the recent increase in premiums due to a lack of understanding from some insurance carriers.

Key Takeaways:

• DataStream is a specialty cyber insurance-only broker, working with MSPs and MSSPs to insure SMBs.
• DataStream uses AI and machine learning to analyze data and offer better insurance products.
• Cyber insurance has experienced a rise in premiums due to some insurance carriers' lack of understanding about the unique risks involved.
• MSPs can benefit from partnering with DataStream to save time and reduce liability when referring customers for cyber insurance.
• The IT Nation Connect in November will feature a Pitch It program where DataStream will participate as an emerging vendor.

Website: https://datastreaminsurance.com/

=== 

PitchIT is an annual accelerator program created by ConnectWise in 2018 to incubate growth in startup integration partners dedicated to the MSP space. The company is offering small companies the chance to take part in a 16-week program where participants receive a thorough business assessment, gain coaching from industry experts, earn placement on the ConnectWise marketplace, engage in co-marketing and more.

The finalists are selected to present their solutions on the center stage at IT Nation Connect. The PitchIT 2023 program is officially underway, and 27 companies have been selected to participate in the program.

Interested but still have questions? Email PitchIT@ConnectWise.com.

Join the PitchIT  waitlist for next year: https://www.connectwise.com/theitnation/pitchit

=== 

#ITBusinessPodcast #ITprofessionals #cyberinsurance #MSPs #MSSPs #ITNationConnect #PitchItProgram #DataScience #AI #machinelearning #cybersecurity #emergingvendors #SMBs #insurance #cyberresilience #actuarialdata #premiums #ITNation #Orlando #technology #cyberliability