Chubb, the world’s largest publicly traded property and casualty insurance company and a cyber insurance leader, has embarked on a strategic partnership with SentinelOne, a leading cybersecurity firm. The goal? Revolutionize cyber risk management practices for U.S. businesses.
In an industry-first move, Chubb’s cyber insurance policyholders, generating revenues exceeding $100 million, will gain the ability to share their enterprise’s “health assessment or security posture” data with Chubb. This is possible through SentinelOne’s cutting-edge endpoint protection and automated incident response solutions. This collaboration includes the utilization of SentinelOne’s WatchTower Vital Signs Report app. The app is a secure means of conveying a policyholder’s cybersecurity posture and controls to Chubb, thus streamlining underwriting processes.
The advantages of this partnership extend to policyholders and their agents, offering the potential for incentivized policy pricing in compliance with relevant insurance regulations, simplified policy renewals, and enhanced visibility and protection against cyber threats, courtesy of SentinelOne. Moreover, and within the framework of applicable insurance laws, these policyholders will also be eligible for a discounted subscription to SentinelOne’s solutions, bolstering their capacity to safeguard systems and data.
The timing of the Chubb-SentinelOne collaboration couldn’t be more apt, given the escalating sophistication and destructive potential of cyber threats. This move underscores companies’ growing need to prioritize investments aimed at bolstering their defenses and enhancing business resiliency.
“Policyholders will be empowered”
Craig Guiliano, Vice President of Cybersecurity Threat Intelligence at Chubb, commented on the partnership, stating, “The incorporation of SentinelOne’s endpoint protection and incident response gives Chubb policyholders streamlined and potentially discounted access to a full suite of integrated cyber risk management solutions. Policyholders will be empowered to defend faster, at a greater scale, and with higher accuracy across their entire attack surface. The other major benefit to the policyholder is the comprehensive view of an enterprise’s cybersecurity health for improved policy accessibility.”
Eran Ashkenazi, Chief Customer Officer at SentinelOne, expressed pride in the collaboration, stating, “SentinelOne is proud to collaborate with Chubb to put the power of cybersecurity technology in the hands of their policyholders and help them take informed action to protect their business from potentially devastating threats today and tomorrow.”
Chubb Cyber Insurance, a leader in the cyber insurance market for over two decades, is now offering enhanced value-added benefits to policyholders at a time when organizations are increasingly defending against data breaches, business interruptions, and reputational risks following cyber incidents.
For more information about Chubb Cyber Insurance, visit Chubb’s Cyber Insurance.
About Chubb
Chubb is the world’s largest publicly traded property and casualty insurance company, operating in 54 countries and territories. Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. With executive offices in Zurich, New York, London, Paris, and other locations, Chubb employs approximately 40,000 people worldwide. For more visit Chubb.
About SentinelOne
SentinelOne is a Fortune AI 50 company and a leader in autonomous cybersecurity. Their SentinelOne Singularity™ platform is a cybersecurity AI platform that detects, prevents, and responds to cyberattacks with machine speed, securing endpoints, cloud workloads, containers, identities, and mobile and network-connected devices. Powered by DataSet™, an AI-enabled data lake technology, the SentinelOne Singularity™ Platform is trusted by over 10,000 customers, including prominent governments, healthcare providers, educational institutions, and hundreds of the Global 2000. Learn more at SentinelOne.
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