CrowdStrike Expands Project QuiltWorks with Cyber Insurance Industry Leaders to Combat Financial Exposure to Frontier AI Risk
With Coalition, Liberty Mutual Insurance, Lockton, Resilience, and Marsh, CrowdStrike advances the coordinated model for how frontier AI risk is identified, remediated, and financially mitigated
CrowdStrike (NASDAQ:CRWD) today announced the next evolution of Project QuiltWorks, extending the industry framework from securing frontier AI risk to mitigating financial exposure. As frontier AI accelerates vulnerability discovery and compresses exploitation timelines, leaders from the cyber insurance industry – Coalition, Liberty Mutual Insurance, Lockton, Resilience, and Marsh – bring actuarial intelligence, underwriting expertise, and financial protection to the framework.
QuiltWorks is the industry's first model that spans technical discovery and prioritization, expert remediation, and financial mitigation – giving organizations and their boards a complete picture of frontier AI exposure and a coordinated framework to act on it.
"Frontier AI risk doesn't stop at technology, it lands on the balance sheet," said Daniel Bernard, chief business officer, CrowdStrike. "Project QuiltWorks is the only framework that delivers the technology to identify and prioritize, the services to remediate, and the financial protection to secure against it. That's how CrowdStrike defines the standard."
Frontier Economics of Cyber Risk
Frontier AI is reshaping the economics of cyber risk, accelerating vulnerability discovery, compressing exploitation timelines, and expanding organizations' financial exposure to attacks. In this new reality, insurers are raising the bar, and, through Project QuiltWorks, helping organizations build the security controls, visibility, and remediation frameworks they need to obtain and maintain coverage.
A Coordinated Model for Risk Mitigation
Powered by frontier models from OpenAI and Anthropic, Project QuiltWorks combines CrowdStrike's AI-driven vulnerability discovery and adversary-informed prioritization with remediation services from the world's top systems integrators. With the addition of leading cyber insurers and brokers, the framework extends beyond technical risk reduction to financial risk modeling, underwriting intelligence, and coordinated financial mitigation. The result is a coordinated model that gives insurers the confidence to underwrite frontier AI risk and organizations the protection to mitigate it.
- Financial Risk Modeling: Actuarial expertise and insurer risk intelligence helps organizations – and their boards – gain a precise measure of their financial exposure to frontier AI risk.
- Exposure Prioritization: Adversary intelligence, vulnerability telemetry, and underwriting insights combine to prioritize the exposures most likely to drive operational and financial loss – going beyond CVSS scores to what adversaries and insurers both know matters most.
- Underwriting Confidence: Continuous visibility into risk exposure and proven remediation frameworks give insurers the intelligence to confidently underwrite frontier AI risk, and organizations a clear path to obtaining and maintaining the coverage their business demands.
- Coordinated Risk Mitigation: CrowdStrike, insurers, and ecosystem partners create a continuous feedback loop – combining AI-driven vulnerability discovery, adversary intelligence, expert-led remediation, and claims data – to identify, prioritize, remediate, and financially mitigate frontier AI risk at scale.
Supporting Partner Quotes
"Frontier AI is collapsing the window between vulnerability and loss, which makes continuous visibility and proactive risk mitigation more important than ever. Coalition's approach combines continuous cybersecurity monitoring, response, and expert guidance with comprehensive insurance coverage to help organizations reduce their exposure before an incident can become a claim. Project QuiltWorks extends our approach to frontier AI risk, helping organizations better understand their potential exposure through security intelligence and take action through coordinated remediation before an attack can lead to a financial loss."
- Tim MalcomVetter, General Manager, Security, Coalition
"Frontier AI is accelerating how quickly technical exposures become operational and financial impact. As advisors helping organizations manage complex risk, Lockton sees growing demand for greater visibility into frontier AI exposure and a clearer path to mitigation. Through Project QuiltWorks, Lockton and CrowdStrike are giving our clients the coordinated framework they need to get ahead of frontier AI risk, and the financial protection to manage it."
- Michelle Faylo, U.S. Cyber & Technology Leader, Lockton
"Frontier AI is accelerating the speed at which vulnerabilities become material business exposure, and the financial stakes have never been higher. Enterprises need a way to sift through the noise and determine which exposures translate into financial risk. The Resilience Risk Operations Center (ROC) was built as a way to address this reality: it is unfeasible to secure everything, instead organizations must protect against the threats that pose the most material risk to their business. Taking part in Project QuiltWorks helps us stay ahead of the cyber risk created by frontier AI, enabling us to further inform how we analyze financial exposure for our clients."
- Jud Dressler, Head of Risk Operations, Resilience
CrowdStrike Project QuiltWorks is now available: please visit here for more information.
About CrowdStrike
CrowdStrike (NASDAQ:CRWD), a global cybersecurity leader, has redefined modern security with the world's most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.
Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.
Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.
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