29 September 2024, Sun |
8:26 AM
SentinelOne, a global AI-powered security company, has announced the SentinelOne Risk Assurance Initiative, a new program designed to help insurers secure their clients’ networks with the world’s most advanced AI security platform. Through this initiative, insurers can offer the SentinelOne Singularity Platform to clients at preferred rates, aiming to stop attacks before they occur and reduce financial losses and insurance premiums. Leading insurance carriers and cyber insurance providers, including AXA XL, Coalition, Travelers, At-Bay, and CFC, are already leveraging the Singularity Platform to enhance security measures for their clients and prevent ransomware across all surfaces.
John Roberts, General Manager of Security at Coalition, emphasizes the benefits of this partnership: “When a client is managed with SentinelOne, we know they have strong protection against sophisticated cyber-attacks. Coalition can generally offer them more favorable insurance pricing based on their use of managed detection and response technology than if they did not have those security measures in place. We not only leverage SentinelOne in our Coalition Managed Detection and Response offering as a trusted solution for our clients, but also lean on SentinelOne for Coalition Incident Response to support more rapid containment and remediation for clients that have experienced a breach.”
No organization is immune from attacks, making it critical to arm themselves with the industry’s best real-world protection and risk assurance. SentinelOne’s Singularity Platform leads the MITRE Engenuity ATT&CK Evaluations: Enterprise, providing 100 percent detection and #1 Real-World Protection. The company has been named a Leader in the Gartner Magic Quadrant for Endpoint Protection Platforms for three consecutive years. Customers praise the AI-powered Singularity Platform, naming SentinelOne a 2024 Gartner Peer Insights Voice of the Customer for Endpoint Protection Platforms and providing a 95% recommendation rate on Gartner Peer Insights.
Roger Francis, CEO of CFC Response, states, “SentinelOne is a trusted business partner that shares CFC’s mission to make insureds safer. With the SentinelOne Singularity Platform, our SMB clients are more comprehensively protected and less likely to experience an incident that will cause significant loss, or worse, shut down their business.”
Thom Dekens, Chief Business Officer and GM of At-Bay Security, adds, “As the leading InsurSec provider, At-Bay is committed to helping businesses thrive in the digital world, whatever comes their way. The Singularity Platform can help customers reduce their chances of getting breached and improve their overall cybersecurity posture.”
Insurance companies recognize the need for a holistic approach to mitigate risks from modern attacks. With the SentinelOne Risk Assurance Initiative, they can provide a suite of services that create resilience across their insureds’ cybersecurity risk profile. SentinelOne’s Singularity Platform includes an Insurance Posture Report, offering a comprehensive overview of key telemetry signals mapped to the CIS18 standard. Customers can share this report with their insurance carrier, enabling insurers to quickly validate acceptable risk profiles.
SentinelOne understands that securing peace of mind requires more than delivering top technology and cybersecurity expertise. The Singularity Platform is backed by a $1 million Breach Response Warranty, providing additional coverage and assurance of financial relief at no additional charge in case of a worst-case scenario. Mark Camillo, CEO of CyberAcuView, notes, “It’s great to see a cybersecurity market leader like SentinelOne offer solutions that support the cyber insurance industry. The Insurance Posture Report, coupled with the Singularity Warranty, can enhance the underwriting process and provide additional confidence to clients, especially in the SMB sector.”
Managed Service Solution Providers also trust SentinelOne to deliver for their customers. Dara Gibson, Senior Cyber Insurance Manager at Optiv, says, “Optiv is dedicated to the cyber insurance market and the unique challenges it presents. With SentinelOne as part of our Incident Response and Managed Services portfolio, we can offer our insurance partners proactive resolution combined with long-term monitoring.” Insurers leverage SentinelOne as part of managed services to help SMB and Mid-Market companies contain threats, remediate breaches, and maintain a good risk profile. SentinelOne offers its Singularity Platform for use by insurers in Incident Response at no charge, driving fast and effective containment.
Barnaby Page, Vice President of Incident Response and Cyber Risk at SentinelOne, concludes, “SentinelOne is honored to have the confidence and trust of so many thoughtful insurance practitioners. Our technology provides signals that enable insurers to quickly and efficiently assess risk for renewals or new policies, and we are thrilled to be joining forces with them to prevent losses and business interruption.”
