Third-party cyber liability insurance protects MSPs from claims made by clients alleging damages caused by the MSP’s actions, such as failing to prevent a cyberattack or data breach. However, it does not cover the client’s own response costs to an incident unless they have their own first-party coverage. This makes it vital for MSPs to understand their coverage limits and encourage clients to secure appropriate insurance to avoid potential liability. Watch the video to learn how third-party insurance safeguards your business.