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CrowdStrike (NASDAQ: CRWD) has expanded Project QuiltWorks to include five major cyber insurance partners. Coalition, Liberty Mutual Insurance, Lockton, Resilience, and Marsh join the framework. The press release notes this expansion makes QuiltWorks the first coordinated model to span technical risk discovery, expert remediation, and financial protection against frontier AI risk. Boards and finance teams should pay attention. Frontier AI is moving cyber risk from the IT department to the income statement.
What Frontier AI Is Doing to Cyber Risk
Frontier AI models are accelerating vulnerability discovery. They compress the time between a flaw being found and an attacker exploiting it. That compression shortens the window organizations have to respond. It also expands financial exposure before a single policy claim is filed.
CrowdStrike’s own 2026 Global Threat Report documented how adversary speed is changing underwriting assumptions. The AI Risk Ready or Not report showed that most organizations are unprepared for the pace at which AI is changing the threat landscape.
Daniel Bernard, Chief Business Officer at CrowdStrike, put it plainly. “Frontier AI risk doesn’t stop at technology, it lands on the balance sheet,” he said.
That statement defines the problem QuiltWorks is built to solve.
How QuiltWorks Works
Project QuiltWorks combines three distinct capabilities into one coordinated framework. CrowdStrike provides AI-driven vulnerability discovery and adversary-informed prioritization. Top-tier systems integrators deliver expert remediation. The five insurance partners bring actuarial intelligence, underwriting expertise, and financial protection. The framework runs on frontier AI models from OpenAI and Anthropic. It produces four interconnected outputs.
Financial risk modeling gives organizations a precise measure of their frontier AI exposure. That measure goes to boards, not just security teams. Exposure prioritization uses adversary intelligence, vulnerability telemetry, and underwriting data together. It focuses attention on what both attackers and insurers know matters most. CVSS scores alone do not drive that prioritization.
Underwriting confidence is the third output. Continuous visibility into a client’s risk posture gives insurers the intelligence to write frontier AI risk with greater certainty. Organizations gain a clearer path to coverage. Coordinated risk mitigation is the fourth. CrowdStrike, insurers, and ecosystem partners share a continuous feedback loop. Discovery, remediation, and claims data all feed back into the system.
What Each Insurance Partner Brings
Coalition enters QuiltWorks with a track record of tying security action directly to coverage decisions. Its acquisition of Wirespeed added automated managed detection and response to its active insurance model. That architecture fits naturally inside QuiltWorks. Tim MalcomVetter, Coalition’s General Manager of Security, said frontier AI is “collapsing the window between vulnerability and loss.”
Lockton brings broker advisory depth across complex risk programs. Michelle Faylo, U.S. Cyber and Technology Leader at Lockton, noted that “the financial stakes have never been higher.” Lockton’s role in QuiltWorks centers on helping clients understand frontier AI exposure and navigate a clear path to mitigation.
Resilience contributes its Risk Operations Center, built to prioritize threats by financial impact rather than technical severity alone. Jud Dressler, Head of Risk Operations at Resilience, said: “It is unfeasible to secure everything.” That philosophy drives QuiltWorks’ exposure prioritization. CrowdStrike, together with Resilience, has previously collaborated on integrated cyber risk reduction alongside AWS.
Liberty Mutual Insurance and Marsh complete the group. Liberty Mutual has expanded its cyber capabilities with risk-intelligence-driven coverage through its K2 platform. Marsh brings market data and advisory reach at scale. The Marsh Q1 2026 Global Insurance Market Index showed insurers raising scrutiny of controls while AI-driven risk accelerates.
What This Means for Corporate Buyers
QuiltWorks changes the conversation between organizations and their insurers. Coverage has always required controls. QuiltWorks makes those controls visible, continuous, and tied to remediation. An insurer inside the framework sees live risk data. A buyer inside the framework sees a direct line between security investment and coverage outcome.
For CFOs, that link matters. Security spend is difficult to justify without a direct connection to financial protection. QuiltWorks makes that connection explicit. For General Counsel, the board reporting angle is significant. Financial risk modeling for frontier AI exposure gives boards a precise number. Vague risk language gives way to quantified exposure.
Coalition’s deepfake response endorsement showed how fast the product side is moving to cover AI-specific threats. QuiltWorks builds a coordinated framework around that direction at industry scale.
The Broader Signal
CrowdStrike is positioning QuiltWorks as a market standard. Five insurers and brokers joining in a single announcement sends a clear signal. Frontier AI risk is no longer a future problem for underwriting teams. It is a current underwriting challenge that requires coordinated tooling.
The framework is the first of its kind to span the full cycle from technical discovery to financial protection. For now, the five partners represent significant market coverage across carriers, brokers, and risk advisors. Corporate buyers evaluating their cyber programs should watch how quickly this model spreads.
FAQ – CrowdStrike Project QuiltWorks Cyber Insurance
What is Project QuiltWorks?
Project QuiltWorks is a CrowdStrike-led industry framework that combines AI-driven vulnerability discovery, expert remediation services, and cyber insurance financial protection into one coordinated model. It is designed to help organizations identify, prioritize, remediate, and financially mitigate frontier AI risk.
Which cyber insurance companies have joined Project QuiltWorks?
Coalition, Liberty Mutual Insurance, Lockton, Resilience, and Marsh joined Project QuiltWorks in May 2026. Each partner brings actuarial intelligence, underwriting expertise, or broker advisory capability to the framework.
How does frontier AI affect cyber insurance underwriting?
Frontier AI accelerates vulnerability discovery and compresses exploitation timelines. Attackers can find and exploit weaknesses faster than ever. Insurers are responding by raising the bar on security controls and seeking continuous visibility into client risk posture before and during the policy period.
What does Project QuiltWorks mean for CFOs and General Counsel?
QuiltWorks produces financial risk modeling that quantifies an organization’s frontier AI exposure for board-level reporting. It creates a direct link between security investment and coverage outcome, replacing vague risk language with measurable financial exposure data.
How do the insurers contribute to the framework?
Coalition contributes its active insurance model, which ties continuous security monitoring to coverage decisions. Lockton brings broker advisory expertise to help clients understand and mitigate frontier AI exposure. Resilience contributes its Risk Operations Center, which prioritizes threats by financial impact rather than technical severity alone.
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