There is no such thing as perfect infrastructure. Cloud service failures are eventualities.
Cloud Outage Payout Agreement
Your business relies on the cloud to create value. Now count on COPA to protect it.
How COPA Works
Cloud Services
Your Business
COPA
When your business operations is disrupted by a public cloud service outage, COPA automatically triggers a payout that is correlated with the amount of downtime that your business experiences.
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Payout
Unlike traditional risk-management solutions, such as classic insurance coverage, COPA doesn't measure post-hoc damages that your business suffers from cloud service disruptions before issuing payout. Instead, COPA relies on technical benchmarks to determine whether your business' cloud architecture has been impacted. If so, COPA automatically triggers the appropriate payout to your business.
Payouts are calculated as a function of the disruption time that your business experiences due to a public cloud service outage, multiplied by a preset lock-in hourly rate. Black Swan Technology experts work with your business to structure the appropriate lock-in rate given your company's cloud architecture, risk tolerance, and desired protection levels to design the optimal hedging strategy.
We designed COPA to be a smart contract that automatically triggers payouts whenever your business is disrupted by cloud service outages. We've eliminated the burdensome claims processes that plagued traditional insurance models. The expediency of COPA payouts provides a clear advantage for businesses that need to focus on operational recovery, rather than dealing with the bureaucracy of filing claims.
COPA: Visible & Transparent
*User dashboard with hypothetical services and values.
*User dashboard with hypothetical services and values.
Throughout its lifecycle, COPA can issue multiple payouts to protect customers against multiple cloud service outages. Payout value per incident correlates with downtime.
Multiple Payouts
Payout Calculation
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We detect whether your business is impacted by a cloud outage on the basis of technical metrics that are industry-approved. There's no need for annoying claims processes or adjustments. We use data to make life easier for everyone.
Smarter Payouts
Track all payout activities based on the cloud services you have covered. Look up all COPA terms and details with the ability to make on-the-fly changes.
Activity Tracking
Payout =
Effective Downtime
Lock-in
Rate
COPA: Financial Protection Grounded in Technical Reality
COPA: Financial Protection that Mirrors Your Cloud Architecture
*All graphics are for conceptual illustration purposes only.
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