What Beltex does

Beltex Insurance is an independent insurance agency headquartered in Austin, Texas, specializing in cyber and professional liability coverage for managed service providers (MSPs/MSSPs), small and mid-size law firms, private equity and finance firms, and other SMBs. The company holds exclusive distribution rights for two proprietary products — the MSProtect Tech E&O policy designed for MSPs under $5M in annual revenue, and the Beltex Cyber Policy issued by Spinnaker Insurance (A- AM Best rated, admitted in all 50 states) — while simultaneously placing business through Lloyd's of London and representing 40-45+ carriers for cyber and lawyers professional liability lines. A simplified 17-question MSProtect application with instant email quoting and an online 100% quote/bind/issue flow for cyber coverage are the core technical differentiators against traditional brokerage workflows requiring hundreds of questions and paper applications.

The company's GTM combines direct online self-serve (all 50 states), licensed agent sales for complex and enterprise accounts, an MSP partner referral channel with non-solicit protection, SPECTRA-certified MSP distribution via Lloyd's of London (up to $25M coverage), and exclusive partnerships with the Texas and Georgia State Bar Member Benefits Programs for law firm placements. Revenue is generated via carrier commissions (up to 30% for licensed agents) on placed policies plus exclusive-distributor margins on the proprietary book. The team consists of 1-10 employees, including founder Dustin Bolander, who maintains active MSP ownership and personally engages on claims.

The firm evolved from a predecessor agency called Paradigm, which historically focused on law firm insurance; the Beltex rebrand extended the franchise into the MSP and broader SMB cyber market. Underwriting support includes quarterly vulnerability scanning for exposed RDP (port 3389) on policyholders, and claims handling for MSProtect is conducted through Spencer Pollock and the team at McDonald Hopkins. No funding rounds, parent company, or institutional ownership are disclosed in available sources.

Name

Beltex

Legal name

Beltex Insurance

Website

https://beltexins.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Beltex Insurance is an independent insurance agency providing cyber and professional liability coverage to MSPs, law firms, PE/finance firms, and SMBs via proprietary MSProtect and Beltex Cyber policies, with carrier placement through Spinnaker Insurance and Lloyd's of London.

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

akta.pro primary industry

Commercial Lines Insurance Brokerage (FSAEADAB)

akta.pro secondary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Cyber insurance
• Professional liability
• Tech E&O coverage
• MSP insurance
• Commercial insurance brokerage

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Agency/Broker Commissions: Beltex earns commissions from insurance carriers for placing policies. The company represents over 40 carriers and has exclusive distributor agreements for its own branded policies (MSProtect, Beltex cyber policy). Commissions can reach up to 30% for licensed agents.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Beltex is an independent insurance agency that provides cyber and professional liability insurance for managed service providers (MSPs), law firms, financial firms, and other small and medium businesses. The company offers three exclusive proprietary cyber policies (including MSProtect Tech E&O) and represents over 40 carriers, placing coverage through carriers such as Spinnaker Insurance and Lloyd's of London.

Product overview

Beltex is an independent insurance agency specializing in cyber and professional liability insurance for MSPs, law firms, and SMBs. The company offers its proprietary Beltex Cyber Insurance Policy and MSProtect Tech E&O policy (for MSPs under $5mm/year), while also representing 45+ carriers for various commercial coverages including General Liability, Professional Liability, D&O, and specialized cyber insurance. Beltex has partnered with SPECTRA to offer the first insurance industry certification for MSPs (SPECTRA Certify). The company focuses on leveraging MSPs during the claims process and provides vendor-neutral applications requiring only protection categories rather than specific brands.

Differentiator

Problem solved

Functional benefit

Brands

• MSProtect: Technology Errors & Omissions policy designed for smaller MSPs under $5mm/year revenue with a quick 17-question application providing instant quotes.
• SPECTRA Certify

Products and services

• Beltex Cyber Insurance Policy

Quantifiable outcome

• Simplified application: 17-question MSProtect application vs hundreds of questions in universal apps
• +6 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• SPECTRAcoreStrategic or Co-development PartnerBeltex has partnered with SPECTRA to provide the first certification for MSPs recognized by cyber insurance. SPECTRA certification provides Beltex MSP partners with instant preferred rates, no underwriting on cybersecurity controls, cyber insurance via Lloyd's of London for both MSP and customer coverage up to $25m, and a financial warranty tied to the performance of MSP security services.
• Fifthwall SolutionsminorGTM or Marketing PartnerFifthwall Solutions has designed an industry partner program for MSPs and cyber insurance, including a full academy on how MSPs can leverage insurance for increased security and revenue. Beltex references Fifthwall Solutions as a recommended partner for MSPs seeking to earn commissions on cyber insurance sales (requires insurance license).
• McDonald Hopkins (Spencer Pollock and team)coreImplementation/ SI/ Consulting PartnerBeltex's MSProtect policy leverages Spencer and his team at McDonald Hopkins for claims handling. McDonald Hopkins is on the approved panel for a large number of other cyber policies as well, providing incident response and breach/privacy specialist services.
• Spinnaker InsurancecoreTechnology or IntegrationBeltex's cyber policy is issued by Spinnaker Insurance, established in 2015, with an A- (Excellent) financial rating by AM Best. Spinnaker Insurance is admitted in all 50 states, providing more standardized and regulated coverage compared to non-admitted policies.
• Lloyd's of LondoncoreTechnology or IntegrationBeltex places a significant amount of policies through Lloyd's of London. Lloyd's provides a mandatory carrier framework with heavy regulation as the largest insurance carrier in the world, with an A+ financial rating. Beltex's SPECTRA partnership provides access to cyber insurance via Lloyd's of London for both MSPs and their customers up to $25m coverage.
• Brad Gross (MSP Attorney)minorImplementation/ SI/ Consulting PartnerBrad Gross is one of the best lawyers in the MSP industry recommended by Beltex for MSP contract review and maintenance. Beltex maintains a list of MSP-specific attorneys for its partners.
• Eric Tilds (MSP Attorney)minorImplementation/ SI/ Consulting PartnerEric Tilds is one of the best lawyers in the MSP industry recommended by Beltex for MSP contract review and maintenance. Beltex maintains a list of MSP-specific attorneys for its partners.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• At-Bay: Cyber insurance carrier/broker focused on SMB and mid-market technology and professional services risks. Directly comparable as a cyber-first insurtech targeting technology-dependent businesses with streamlined applications and risk scanning.
• Coalition: Cyber insurtech offering active-monitoring-driven cyber and tech E&O coverage to SMBs and mid-market firms. Directly comparable technology-enabled cyber brokerage competing for the same MSP-adjacent and small business segment with proprietary scanning and simplified underwriting.
• Coterie Insurance: Digital small commercial insurance agency offering instant online binding for GL, BOP, and other commercial lines. Comparable as a tech-enabled small commercial insurance platform; Beltex already white-labels a Coterie-powered GL/BOP instant-quote tool on its site.
• Cowbell Cyber: AI-driven cyber insurance provider targeting SMBs with adaptive cyber coverage. Comparable as a cyber-focused insurtech pursuing the same simplified-application, online-bind experience that Beltex markets.
• Corvus Insurance: Cyber and tech E&O insurer leveraging data-driven underwriting for SMB and mid-market accounts. Comparable technology-forward cyber underwriting model serving similar technology-services and SMB customers.

Broad incumbents

• Travelers: Large incumbent commercial lines carrier/broker offering cyber, professional liability, and general liability for SMBs and mid-market. Comparable because Travelers offers the same suite of commercial policies (cyber, GL, BOP, professional liability) Beltex bundles for its SMB and law firm clients, but as a broad portfolio rather than MSP-specialized.
• Chubb: Global commercial and specialty insurer with significant cyber, professional liability, and management liability offerings for mid-market and SMB. Comparable as an incumbent provider of the same multi-line commercial coverages Beltex places for law firms, PE, and SMBs.
• Next Insurance: Digital SMB-focused commercial insurer providing online-bound GL, professional liability, and workers' comp. Comparable as a tech-enabled small commercial insurance platform overlapping Beltex's SMB general insurance and professional liability offerings.
• Hiscox: Specialty insurer focused on small business cyber, professional liability, and general liability. Comparable as a specialty carrier/broker for SMBs and professional services firms, including technology and professional services lines that overlap with Beltex's customer base.

Emerging players

• Fifthwall Solutions: MSP-focused cyber insurance program with a partner/academy program for MSPs. Directly comparable niche peer serving the MSP channel; Beltex explicitly references Fifthwall as a recommended partner for MSPs earning commissions on cyber insurance sales.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beltex