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

1.6k views3 Upvotes3 Comments

Director in Manufacturing, 1,001 - 5,000 employees
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
CTO for Digital & IT in Healthcare and Biotech, 10,001+ employees
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.
Director of IT in Software, 201 - 500 employees
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. 

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