Cyber Insurance Requirements: How MSPs Help Wichita Falls Businesses Qualify
Cybersecurity incidents are no longer “if,” but “when.” As ransomware, phishing attacks, and data breaches continue to rise, cyber insurance has become a critical safety net for businesses of all sizes. But getting approved for coverage—and keeping that coverage affordable—isn’t as simple as filling out a form.
Insurance carriers now require businesses to meet strict cybersecurity standards before issuing a policy. For many small and mid-sized companies in Texas, these requirements can be overwhelming to handle alone. That’s where partnering with a Managed IT Services Provider (MSP) makes all the difference.
Why Cyber Insurance Requirements Are Getting Tougher
A few years ago, most insurers offered cyber policies with minimal questions. Today, that’s changed dramatically. After a surge in claims, especially from ransomware, carriers have tightened their standards.
Before issuing or renewing a policy, they often require proof that your business is following cybersecurity best practices. If your security posture doesn’t meet their standards, you may face higher premiums, coverage exclusions, or outright denial.
Common Cyber Insurance Requirements
While each insurance provider has its own checklist, most policies share a core set of security expectations. Here are some of the most common:
Multi-Factor Authentication (MFA): Insurers almost always require MFA for remote access, email, and critical systems.
Regular Patching and Updates: Unpatched systems are a top entry point for attackers. Automated patching is often required.
Email Security and Filtering: Carriers want to see protection against phishing, malware, and spam.
Endpoint Detection and Response (EDR): Traditional antivirus alone is no longer enough.
Secure Backups: Regular, encrypted, and offline/offsite backups are essential to recover from ransomware.
Access Controls and Privilege Management: Users should only have the access they need, no more.
Incident Response Planning: Insurers expect documented plans for responding to cyber incidents.
Network Monitoring and Logging: Continuous visibility helps detect and contain threats early.
Many insurers now send lengthy questionnaires that look more like security audits than application forms. If your answers fall short, you risk losing eligibility or paying steep premiums.
How an MSP Helps You Meet (and Exceed) Cyber Insurance Standards
For many organizations, building and maintaining the required cybersecurity infrastructure internally is expensive and time-consuming. MSPs like Kingdom Tech Solutions make it easy by implementing and managing these protections for you.
Here’s how we help:
MFA Deployment & Identity Management: We secure logins across your organization, satisfying one of the top insurance requirements.
Automated Patching & Updates: Vulnerabilities are closed quickly—without relying on manual checks.
Email Security & Endpoint Protection: Layered defenses block threats before they cause damage.
Managed Backup & Disaster Recovery: We keep encrypted, secure backups that meet insurer standards.
Policy & Documentation Support: We help you complete insurance questionnaires accurately and provide proof of security controls.
24/7 Monitoring & SOC Services: Continuous oversight ensures fast response to suspicious activity.
Incident Response Planning: We help you build and maintain a documented response strategy.
By working with an MSP, your business isn’t just checking boxes—you’re building a resilient security foundation that satisfies insurers and actually protects your organization.
The Bottom Line
Cyber insurance is becoming a necessity for businesses, but qualifying for coverage doesn’t have to be complicated. With the right managed IT partner, you can confidently meet insurance requirements, lower your premiums, and reduce your overall cyber risk.
If you’re unsure whether your business meets current cyber insurance standards—or you’re preparing for renewal—Kingdom Tech Solutions can help.
Contact us today to schedule a security review and make sure your business is ready.