CrowdStrike Launches Falcon for Insurability to Boost Cyber Protection and Insurance
CrowdStrike has introduced Falcon for Insurability, a new program designed to enhance cyber protection for organizations and strengthen cyber insurance offerings. The program has received positive responses from industry leaders such as John Roberts from Coalition and Paul Bantick from Beazley Insurance.
Falcon for Insurability enables insurers like Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, Coalition, and Resilience to offer preferred rates to organizations using the CrowdStrike Falcon platform. This platform, praised for detecting 96% more threats in half the time compared to other vendors, significantly improves breach prevention. Steve Krusko from Berkley Cyber Risk Solutions highlighted the variety of security solutions now available to policyholders through their partnership with CrowdStrike.
The program empowers boards of directors and cyber leaders to actively oversee and address cyber risk and resilience. Anthony Dagostino from AXA sees Falcon for Insurability as a beneficial solution for boosting clients' cyber confidence and extending cyber insurance coverage. John Roberts from Coalition and Paul Bantick from Beazley Insurance both mentioned that solutions like Falcon help reduce cyber risks and improve insurance outcomes.
CrowdStrike's Falcon for Insurability program is set to strengthen cyber resilience and expand cyber insurance coverage. By offering preferred rates to organizations using the industry-leading Falcon platform, insurers can reduce underwriting risk and enable more businesses to obtain car insurance quotes while increasing their cyber defenses.
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