What do you think about the idea of cloud insurance? Would anyone seriously consider investing in that to offset losses from outages?

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I’d need a lot more information on the fine print. I would bet the fine print makes it really difficult to get a claim payout. This is likely to SLA penalties and I don’t like those penalties either

It’s much better to offer a bonus to your vendors if they exceed metrics and contract stipulations. I find it easier to pay a bonus than collect on a penalty and the insurance is probably similar

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Given the state of the public cloud, I think your money would be much better spent on a more robust architecture. No insurance payout will ever cover the loss that you'll incur if you haven't designed a proper architecture.

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I would not personally buy it as the world is moving to a multi-cloud environment and cloud outages should be part of your overall DR strategy and be mitigated or their risk minimized.

What do you think about the idea of cloud insurance? Would anyone seriously consider investing in that to offset losses from outages?

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