Cloudsurance Launches Insurance Program For Cloud Consumers

July 30, 2015

Cloudsurance has launched a cloud insurance program designed for modern cloud consumers.

Cloudsurance is a cloud insurance program designed for cloud consumers and can help mitigate against the inherent risks of cloud computing, such as downtime, data loss and cyber-attack by providing basic insurance coverage for cloud based data and IT assets.

In the initial launch, Cloudsurance intends to provide basic insurance to cloud consumers who use cloud storage services like Dropbox and Box. Typically these cloud storage consumers currently lack an SLA or insurance coverage.

Cloudsurance coverage will include data-loss insurance, designed to financially compensate customers in the event of a cloud provider losing their data. It will also include downtime insurance, just in case a cloud provider ever experiences downtime causing a customer’s cloud-based assets to become unavailable.

Cloudsurance also includes cyber-attack insurance, designed to provide clients with financial compensation if their cloud provider is affected by a cyber-attack which affects any of their IT assets.

There are hundreds of millions of individuals and businesses who entrust their data to cloud providers and have virtually no protection in the form of insurance against downtime, data loss or cyber attack. Our ambition is to provide a basic level of protection to cloud consumers where cloud providers have systematically failed to do so,” said CEO of Cloudsurance, Alexander Saca said.

Cloudsurance is not yet available for sale, but Cloudsurance is launching their private consultation process and invites interested parties who wish to learn more about cloud insurance coverage, or those who wish to partner with Cloudsurance contact them.

Based in Anaheim, California, Cloudsurance LLC is a privately held corporation, backed by a group of cloud computing CEO´s, some of which form the management of the company.

Cloudsurance was formed in early 2015 to address a growing concern in the cloud space that cloud consumers had little or no protection against any of the inherent risks involved with cloud computing.

Cloudsurance is not associated or affiliated with Dropbox or Box in any way.

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