CrowdStrike Expands Project QuiltWorks with Cyber Insurance Industry Leaders to Combat Financial Exposure to Frontier AI Risk

Key Terms

frontier ai technical

Frontier AI describes the most advanced artificial intelligence systems at the cutting edge of capability, such as large models that can perform complex reasoning, generate new content, or design other AI. Investors care because these systems can create huge new markets and productivity gains but also carry outsized risks—like rapid disruption of industries, heavy capital needs, and tighter government scrutiny—so they can drive big returns or sudden losses, much like early-stage breakthroughs in other tech fields.

actuarial intelligence financial

Actuarial intelligence is the use of statistical models, historical data and probability to estimate future financial risks and costs, especially for insurance, pensions and long-term liabilities. Investors care because it turns uncertain futures—like how many claims will occur or how long people live—into measurable forecasts that inform pricing, reserves and capital plans, much like a weather forecast helps you decide whether to carry an umbrella.

underwriting financial

Underwriting is the process where a financial institution agrees to buy and then resell new stocks or bonds to investors. It matters because it helps companies raise money quickly and smoothly, while the bank takes on the risk of selling those securities at the agreed price. Think of it like a booker guaranteeing to sell all tickets for a concert before opening the doors.

cvss scores technical

CVSS scores are standardized numbers, from 0 to 10, that indicate how severe a computer security vulnerability is—higher numbers mean greater risk. For investors, they act like a storm-warning system for a company’s technology: high scores can signal greater chance of costly breaches, downtime, regulatory trouble or expensive fixes, helping assess cybersecurity risk when evaluating a business.

adversary intelligence technical

Adversary intelligence is the collection and analysis of information about attackers — their methods, tools, motives and targets — gathered to anticipate and defend against cyber threats or fraud. For investors it matters because it helps assess a company’s risk exposure, the effectiveness of its security controls, and potential costs from data breaches or operational disruption; think of it as a weather forecast that helps prepare for storms before they hit.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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

AUSTIN, Texas--(BUSINESS WIRE)-- 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.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/
Follow us: Blog | X | LinkedIn | Instagram
Start a free trial today: https://www.crowdstrike.com/trial

© 2026 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260528133948/en/

Media Contact
Jake Schuster
CrowdStrike Corporate Communications
press@crowdstrike.com

Source: CrowdStrike