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CrowdStrike releases Falcon for Insurability program

CrowdStrike’s new program lets insurance companies provide the Falcon platform to customers at mates rates.

user icon David Hollingworth
Mon, 10 Jun 2024
CrowdStrike releases Falcon for Insurability program
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Cyber security firm CrowdStrike has announced a new program for cyber insurers that will let them provide the CrowdStrike Falcon platform to their customers at preferred rates.

The program lets insurers reduce underwriting risk while providing customers an AI-native security solution.

“As cyber security’s leader, CrowdStrike understands the nuances of cyber insurance, and we have a team dedicated to working with the cyber insurance community. Our AI-native cyber security platform is increasingly important not only to the security of the organisation but also its insurability,” Daniel Bernard, chief business officer at CrowdStrike, said in a statement.

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“Falcon for Insurability empowers boards of directors and cyber leaders to take a more active role overseeing and comprehensively addressing a risk to resilience journey.”

Anthony Dagostino, global chief cyber underwriting officer of commercial lines at AXA, said the program will boost the confidence of his clients.

“This program reduces the chance that companies will experience an impactful breach that could threaten their reputation and profitability,” Dagostino said.

Paul Bantick, global head of cyber risks at Beazley Insurance, said the program is all about boosting cyber resilience.

“Beazley’s Full Spectrum Cyber offering ensures our clients can pre-empt, respond and adapt to emerging cyber threats every day,” Bantick said.

“Deploying CrowdStrike Falcon alongside our solution will deliver powerful new resources to the ongoing battle against cyber criminals and further strengthen our clients’ cyber resilience.”

David Hollingworth

David Hollingworth

David Hollingworth has been writing about technology for over 20 years, and has worked for a range of print and online titles in his career. He is enjoying getting to grips with cyber security, especially when it lets him talk about Lego.

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