SentinelOne Inc.

07/25/2024 | Press release | Distributed by Public on 07/25/2024 07:24

Transforming the Cybersecurity Insurance Market with SentinelOne’s New Risk Assurance Initiative

Last week's global IT outage made one thing clear: technology risk equals business risk.Insurers understand this, and SentinelOne is partnering with many of the industry's top carriers and providers, including Aon, Chubb, AXA XL, Coalition, CFC, AtBay, Beazley, Hanover, Travelers, Corvus, and Crum & Forster to help organizations mitigate it. As cyber threats become increasingly sophisticated, insurers are turning to leading-edge technology to provide unparalleled threat protection for policyholders.

Introducing the SentinelOne Risk Assurance Initiative

As part of SentinelOne Risk Assurance, a new initiative launched today, insurers can offer the SentinelOne Singularity™ Platform to clients at preferred rates to stop attacks before they happen and reduce financial loss and insurance premiums. This program aims to support insurers secure their clients' networks, leveraging the most advanced AI security platform available.

SentinelOne understands the need and what it takes to deliver a threat-free environment.

Any customer switching away from any other vendor and getting cyber insurance from these providers will qualify for discounts from SentinelOne, as well as free services, such as an Active Directory scan or a Cloud Assessment.

Cyber insurance should be combined with a robust tech stack and now that is available. Ask your insurer about the SentinelOne Risk Assurance program to get started today.

Industry-Leading Protection

While no organization is immune from attacks, small and medium-sized businesses (SMB) and Mid-Market companies receive a disproportionate percentage of ransomware attacks and have the smallest security budgets to defend themselves. To better understand the risks, SentinelOne has initiated a data sharing capability in the SentinelOne Marketplace that enables SentinelOne clients to share security data directly with their insurance company if they choose.

Insurance companies recognize the need for a holistic approach to ensure they are equipped to mitigate risks from modern attacks. SentinelOne clients have their data mapped to the CIS18 standard, which allows for fast policy renewals or net new policy binds. Companies that share data with their insurer may also qualify for additional policy incentives.

Through the SentinelOne Risk Assurance Initiative, they can provide a suite of services that bolster their insureds' cybersecurity risk profile. SentinelOne's Singularity Program is proud to lead the MITRE Engenuity ATT&CK Evaluations: Enterprise, offering up 100% detection and #1 Real-World Protection. For three years in a row, SentinelOne has been named a Leader in the Gartner Magic Quadrant for Endpoint Protection Platforms.

Securing Peace of Mind

SentinelOne stands behind its security solutions with Breach Response Warranty providing up to $1 million in coverage, at no extra charge, ensuring financial relief at hand in the event of a worst-case scenario.By combining the benefits of risk transfer from insurance with SentinelOne's market leading security solutions, customers experience more peace of mind with comprehensive security coverage.

SentinelOne stands behind the technology that aids insurers in helping SMB and Mid-Market companies manage their threats, remediate breaches, and maintain a strong risk profile. Singularity Platform is offered at no charge for use in incident response (IR) in order to facilitate fast and effective threat containment.

Learn More

Read more about the SentinelOne Risk Assurance Initiative here. To learn about how our autonomous AI-powered cybersecurity platform, Singularity Platform can help your organization stay ahead of both complexity and risks, book a demo or contact us today.

Breach Response Warranty
Experience true peace of mind with our industry-leading security solutions, now covered by a comprehensive warranty.