When a company takes security seriously, it shows - not just in its technology, but in the trust it earns from customers. At Beloy, that commitment has recently been recognized through our SOC 2 Type II certification - a gold standard in data security and operational maturity for SaaS and B2B companies.

To understand what it took to reach this milestone, we spoke with Anjan, Beloy’s Head of Technology. From leading the implementation of internal controls to navigating a months-long independent audit, Anjan was at the heart of the process. In this interview, he shares what went on behind the scenes - the challenges, learnings, and what this means for Beloy’s future in the enterprise space.

What motivated Beloy to pursue SOC 2 Type II certification at this stage of our growth?

“Security was part of the Beloy platform from the beginning - the design stage. Given the importance of data (including personalized data) in a regulated industry like insurance, we will already be benchmarking ourselves against Frameworks internally like the AWS foundational frameworks. These internal benchmarks did not account for processes and controls outside of our technology platform.  Our enterprise clients were requesting assessments in lieu of certification that was time consuming on both sides impacting time to market for our insurance programs.” 

How long did the process take from start to finish, and what were the key milestones along the way?

“The process took us about nine months and required clearing about 200+ tests related to SOC2. We were able to shore up our process, policies and procedures with tracking and monitoring to meet SOC2 standards and improve our security profile - like Vendor due diligence, asset tracking, and employee security training.

We will monitor and act on these controls going forward as part of our certification requirements.

The certification process allowed us to meet and verify controls for our GDPR compliance as a bonus.”

What was the most challenging part of achieving SOC 2 compliance, and how did your team tackle it?

“SOC2 requires a collaborative approach between legal, operations, product and technology teams. It is an ongoing commitment to maintain the standards of security of our environment, people and processes.

Setting up ongoing monitoring and tracking while ensuring the right balance between security and business was the challenging part. We had very good support from our compliance partner Secureframe throughout our journey.”

Now that we’re certified, what does this mean for our customers, especially enterprise clients?

“Our customers and enterprise clients can quickly use Beloy knowing that we understand and operate with the same sensitivity about customer data that they do. The certification allows us to show our customers that we meet a rigorous standard of security compliance that is annually tested. This is our commitment to keeping our partner, customers and their communities' data safe.”

What’s next for Beloy

Achieving SOC 2 Type II certification is more than a badge - it’s a reflection of our long-term commitment to security, transparency, and operational excellence. For our partners and customers, especially in highly regulated industries, it means working with a platform that meets the gold standard in compliance.

As we continue to grow, so does our investment in building infrastructure that is secure, scalable, and enterprise-ready. 

Ready to launch with confidence? Beloy helps forward-thinking companies build secure, compliant, and scalable insurance programs from day one. To learn how we can help you meet enterprise-grade standards—without slowing down, visit our website page at https://beloy.com/.