DLT Alert
DLT Alert offers cyber security warranty services designed as an alternative to traditional, expensive, and slow cyber insurance. Targeting small and medium-sized businesses (SMBs), their product provides immediate coverage and rapid payouts, often within 24 hours, compared to the months it can take for traditional insurance claims. The company leverages technology, including smart contracts and blockchain, to automate claims approval based on validated data, aiming to reduce bias and increase efficiency. Key features include prequalification based on existing IT services, one-click activation, low premiums, no deductibles, and integrated incident reports. DLT Alert reports having over 1,000 active policies and a 98% recovery rate. The company was founded in 2022 by professionals with experience in IT, cybersecurity, and finance, seeking to improve the process disrupted by the COVID-19 pandemic.
DLT Alert
DLT Alert offers cyber security warranty services designed as an alternative to traditional, expensive, and slow cyber insurance. Targeting small and medium-sized businesses (SMBs), their product provides immediate coverage and rapid payouts, often within 24 hours, compared to the months it can take for traditional insurance claims. The company leverages technology, including smart contracts and blockchain, to automate claims approval based on validated data, aiming to reduce bias and increase efficiency. Key features include prequalification based on existing IT services, one-click activation, low premiums, no deductibles, and integrated incident reports. DLT Alert reports having over 1,000 active policies and a 98% recovery rate. The company was founded in 2022 by professionals with experience in IT, cybersecurity, and finance, seeking to improve the process disrupted by the COVID-19 pandemic.