Leading Managed Technology Services Provider (MTSP) Delivers Innovative “Dual Claim Coverage” Model to Minimize Wait Time and Eliminate Hassle
CHANDLER, AZ – Imagine Technology Group, a leading managed technology services provider (MTSP), has launched an exclusive cyber insurance program with techrug, designed to make coverage smoother, faster, and more comprehensive for small to mid-sized businesses (SMBs). As cyber insurance claims have increased, many popular policies have become mired in tricky contracts and ambiguous wording, resulting in numerous “gotcha clauses” that leave clients uncovered due to technicalities. Imagine Technology Group, an authority in the IT space, has put a stop to this confusion with its innovative “dual claim coverage,” where both the technology provider and the client are covered directly by techrug in case of a breach.
This alignment eliminates the finger-pointing and prolonged reimbursement processes that have long plagued the insurance industry. Imagine Technology Group negotiated this special program with techrug by submitting its proprietary “technology stack” for scrutiny, specifically approving it for client use. This “win-win-win” model ensures that clients are protected with certainty, gives techrug deeper insight into client networks, and enables Imagine Technology Group to expedite claims when necessary.
For example, a local company was paying $9,000 annually for $1 million in cyber protection, but the policy’s limitations still left ambiguity. After switching to Imagine Technology Group’s new program, the same company now pays $7,000 for enhanced $1 million coverage, including the benefits of the “dual claim” model. This streamlining provides immense relief, immediate access to disbursements, and full coverage in the event of an incident.
“One common flaw with most policies is that the MTSP and client are supported by different insurance companies,” said Mark Lasinis, CIO/VP of Technology at Imagine Technology Group. “When an incident occurs, if the insurer believes the MTSP didn’t do something properly, they won’t pay. This perception causes costly delays for the client. While the MTSP and insurer argue, the client is left waiting. But with our new program, clients are no longer subjected to that costly waiting period. Since we have a ‘dual policy’ with techrug, our clients receive immediate disbursement to keep their business running, regardless of fault, because techrug insures both parties. This way, our clients get immediate relief, while we later determine the cause of the cyber incident. Our claims are paid out immediately without blame-shifting and time-wasting, which is vital for businesses during such events.”
Standard cyber insurance policies are often filled with complex exclusions used to delay or avoid payouts. However, this partnership with techrug removes the worry of “fine print,” covering costs related to investigations, notifications, equipment damage, lost income, and regulatory penalties. By simplifying coverage, clients avoid surprises during already stressful breach events. “Cyber insurance should provide true peace of mind, and frankly, we don’t understand how anyone else can promise that without aligning incentives through ‘dual claim’,” added Lasinis.
This insurance innovation enables swift recovery, preventing clients from bearing losses due to policy and procedural delays. Paired with Imagine Technology Group’s validated security stack, it provides businesses with an air-tight defense against growing cyber threats.
ABOUT IMAGINE TECHNOLOGY GROUP
Imagine Technology Group (ITG) is an Arizona-owned and operated company offering customers a single point of contact for all office technology needs. ITG provides a wide variety of document management solutions, workflow improvements, multi-function devices, VoIP phone systems, digital signage, managed network services, and IT solutions. With manufacturers’ national programs, ITG can provide service and support anywhere in the world. Our goal is to be our customer’s “ONE SOURCE” for any office technology solution they might need. Through top-notch customer service provided by well-trained employees, ITG manages your technology so you don’t have to. To learn more about our products, services, and support, please contact ITG at 602-454-0720 or submit an inquiry at itgarizona.com/contact-us.














