SentinelOne® Powers Broadest Insurance Ecosystem in the Market
SentinelOne (NYSE: S) has launched the Risk Assurance Initiative, a program offering insurers access to its Singularity™ Platform at preferred rates. This AI-powered security solution aims to prevent attacks and reduce financial losses for policyholders. Major carriers like AXA XL, Coalition, Travelers, At-Bay, and CFC are already leveraging the platform.
The Singularity Platform has received top ratings in MITRE Engenuity ATT&CK Evaluations and has been named a Leader in Gartner's Magic Quadrant for three consecutive years. SentinelOne offers an Insurance Posture Report and a $1 million Breach Response Warranty to enhance underwriting processes and provide additional assurance.
SentinelOne (NYSE: S) ha lanciato l'Iniziativa per l'Assicurazione del Rischio, un programma che offre agli assicuratori l'accesso alla sua piattaforma Singularity™ a tariffe preferenziali. Questa soluzione di sicurezza alimentata dall'IA mira a prevenire attacchi e ridurre le perdite finanziarie per i contraenti. Grandi compagnie come AXA XL, Coalition, Travelers, At-Bay e CFC stanno già utilizzando la piattaforma.
La piattaforma Singularity ha ricevuto punteggi elevati nelle Valutazioni MITRE Engenuity ATT&CK ed è stata nominata Leader nel Quadrante Magico di Gartner per tre anni consecutivi. SentinelOne offre un Rapporto sulla Posizione Assicurativa e una Garanzia di Risposta alle Violazioni di $1 milione per migliorare i processi di sottoscrizione e fornire ulteriore sicurezza.
SentinelOne (NYSE: S) ha lanzado la Iniciativa de Aseguramiento de Riesgos, un programa que ofrece a las aseguradoras acceso a su Plataforma Singularity™ a tarifas preferenciales. Esta solución de seguridad impulsada por IA tiene como objetivo prevenir ataques y reducir pérdidas financieras para los asegurados. Grandes compañías como AXA XL, Coalition, Travelers, At-Bay y CFC ya están aprovechando la plataforma.
La Plataforma Singularity ha recibido calificaciones destacadas en las Evaluaciones MITRE Engenuity ATT&CK y ha sido nombrada Líder en el Cuadrante Mágico de Gartner durante tres años consecutivos. SentinelOne ofrece un Informe de Posición de Aseguro y una Garantía de Respuesta a Brechas de $1 millón para mejorar los procesos de suscripción y proporcionar una mayor confianza.
SentinelOne (NYSE: S)는 위험 보장 이니셔티브를 출시하였으며, 이는 보험사에게 자사 Singularity™ 플랫폼에 특별 요금으로 접근할 수 있는 프로그램입니다. 이 AI 기반 보안 솔루션의 목표는 공격을 예방하고 재정적 손실을 줄이는 것입니다. AXA XL, Coalition, Travelers, At-Bay, CFC와 같은 주요 보험사들이 이미 이 플랫폼을 활용하고 있습니다.
Singularity 플랫폼은 MITRE Engenuity ATT&CK 평가에서 최고 등급을 받았으며, 3년 연속 Gartner의 매직 쿼런트에서 리더로 선정되었습니다. SentinelOne은 보험 포지션 보고서와 $1백만 위반 대응 보증을 제공하여 언더라이팅 프로세스를 향상시키고 추가적인 보장을 제공합니다.
SentinelOne (NYSE: S) a lancé l'Initiative de Garantie de Risque, un programme offrant aux assureurs un accès à sa plateforme Singularity™ à des tarifs préférentiels. Cette solution de sécurité alimentée par l'IA vise à prévenir les attaques et réduire les pertes financières pour les assurés. De grands assureurs tels que AXA XL, Coalition, Travelers, At-Bay et CFC exploitent déjà la plateforme.
La plateforme Singularity a reçu des notes élevées lors des Évaluations MITRE Engenuity ATT&CK et a été désignée comme Leader dans le Magic Quadrant de Gartner pendant trois années consécutives. SentinelOne propose un Rapport sur la Position d'Assurance et une Garantie de Réponse aux Violations de 1 million de dollars pour améliorer les processus de souscription et fournir une assurance supplémentaire.
SentinelOne (NYSE: S) hat die Risikogarantiebereitstellung ins Leben gerufen, ein Programm, das Versicherern Zugang zu seiner Singularity™-Plattform zu Vorzugspreisen bietet. Diese KI-gestützte Sicherheitslösung zielt darauf ab, Angriffe zu verhindern und finanzielle Verluste für die Versicherungsnehmer zu reduzieren. Große Anbieter wie AXA XL, Coalition, Travelers, At-Bay und CFC nutzen bereits die Plattform.
Die Singularity-Plattform hat Höchstbewertungen in den MITRE Engenuity ATT&CK Bewertungen erhalten und wurde drei Jahre hintereinander als Leader im Gartner Magic Quadrant ausgezeichnet. SentinelOne bietet einen Versicherungsstatusbericht und eine Garantie für die Reaktion auf Verstöße in Höhe von 1 Million US-Dollar an, um die Underwriting-Prozesse zu verbessern und zusätzliche Sicherheit zu bieten.
- Launch of Risk Assurance Initiative to enhance cybersecurity for insurance clients
- Partnerships with major insurance carriers like AXA XL, Coalition, and Travelers
- Top ratings in MITRE Engenuity ATT&CK Evaluations with 100% detection
- Named Leader in Gartner Magic Quadrant for Endpoint Protection Platforms for 3 consecutive years
- $1 million Breach Response Warranty offered at no additional charge
- None.
Insights
The SentinelOne Risk Assurance Initiative marks a significant development in the cybersecurity insurance landscape. This program's introduction demonstrates a proactive approach to risk management, potentially reshaping how insurers and businesses approach cybersecurity.
Key points to consider:
- The initiative allows insurers to offer SentinelOne's Singularity Platform at preferred rates, which could lead to wider adoption of advanced AI-powered security solutions.
- The involvement of major insurance carriers like AXA XL, Coalition, Travelers, At-Bay and CFC lends credibility to the program and suggests a growing trend in the industry.
- SentinelOne's strong performance in MITRE Engenuity ATT&CK Evaluations and Gartner recognition reinforces its position as a leader in endpoint protection.
- The
$1 million Breach Response Warranty offers an additional layer of financial assurance, which could be particularly appealing to small and medium-sized businesses.
From an investor's perspective, this initiative could potentially drive SentinelOne's revenue growth and market share in the cybersecurity sector. However, it's important to monitor how quickly insurers and businesses adopt this program and its impact on SentinelOne's financial performance in the coming quarters.
The SentinelOne Risk Assurance Initiative represents a significant shift in the cyber insurance landscape. This program has the potential to redefine how insurers assess and price cyber risk, which could have far-reaching implications for the industry.
Key observations:
- The initiative enables insurers to offer more favorable pricing to clients using SentinelOne's technology, potentially leading to more competitive premiums in the market.
- The Insurance Posture Report, mapped to the CIS18 standard, provides insurers with a standardized way to assess risk profiles quickly. This could streamline underwriting processes and lead to more accurate risk assessments.
- The inclusion of SentinelOne's technology in managed services offerings by insurers could help smaller businesses improve their cybersecurity posture, potentially expanding the market for cyber insurance.
- The
$1 million Breach Response Warranty adds an extra layer of financial protection, which could make SentinelOne's offering more attractive to both insurers and policyholders.
For investors in the insurance sector, this initiative could signal a trend towards more technology-driven risk assessment and mitigation strategies. Companies that adapt quickly to this trend may gain a competitive advantage in the rapidly evolving cyber insurance market.
The SentinelOne Risk Assurance Initiative presents an intriguing business strategy that could significantly impact the company's financial performance and market position. Here's a breakdown of the potential financial implications:
- Revenue Growth: By partnering with major insurance carriers, SentinelOne could see an increase in its customer base, potentially leading to higher recurring revenue from subscriptions to its Singularity Platform.
- Market Expansion: The initiative targets the SMB sector through partnerships with insurers and MSSPs, which could help SentinelOne penetrate a market segment that has been historically underserved in terms of advanced cybersecurity solutions.
- Competitive Advantage: The
$1 million Breach Response Warranty and the Insurance Posture Report are unique selling propositions that could differentiate SentinelOne from competitors and justify premium pricing. - Cost Considerations: While the program offers the Singularity Platform for use in Incident Response at no charge, the long-term benefits of increased adoption and brand loyalty could outweigh short-term revenue losses.
Investors should closely monitor SentinelOne's upcoming financial reports to gauge the initiative's impact on customer acquisition costs, revenue growth and profit margins. The success of this program could potentially lead to a re-evaluation of SentinelOne's market valuation, especially if it results in sustained growth and market share gains in the competitive cybersecurity sector.
Leading carriers and providers, including AXA XL, Coalition, Travelers, At-Bay, CFC, and
SentinelOne (NYSE: S), a global leader in AI-powered security, today announced the SentinelOne Risk Assurance Initiative, a new program to help insurers secure their clients’ networks with the world’s most advanced AI security platform. With the SentinelOne Risk Assurance Initiative, 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.
Leading carriers and cyber insurance providers around the globe, including AXA XL, Coalition, Travelers, At-Bay, and CFC, are already offering the Singularity Platform to clients to encourage deployment and prevent ransomware across all surfaces. The new SentinelOne Risk Assurance Initiative will enhance their efforts.
“When a client is managed with SentinelOne, we know they have strong protection against sophisticated cyber-attacks,” said John Roberts, General Manager, Security, Coalition. “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.”
Best Real-World Protection
No organization is immune from attacks and it’s critical for organizations 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. For three consecutive years, the company has been named a Leader in the Gartner Magic Quadrant for Endpoint Protection Platforms. And customers attest to the benefits of the AI-powered Singularity Platform, naming SentinelOne as a 2024 Gartner Peer Insights™ Voice of the Customer for Endpoint Protection Platforms report and providing a
Trusted by Insurers
“SentinelOne is a trusted business partner that shares CFC’s mission to make insureds safer,” said Roger Francis, CEO, CFC Response. “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.”
A Holistic Approach
Insurance companies know that a holistic approach is needed 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. Natively built into the Singularity Platform, SentinelOne offers an Insurance Posture Report, a comprehensive report on key telemetry signals mapped to the CIS18 standard that customers can choose to share with their insurance carrier that enables insurers to quickly validate acceptable risk profiles.
Securing Peace of Mind
SentinelOne understands that securing peace of mind requires more than delivering the best technology and cybersecurity expertise. To this end, the SentinelOne Singularity platform is backed by a
“It’s great to see a cyber security market leader like SentinelOne offer solutions that support the cyber insurance industry,” said Mark Camillo, CEO of CyberAcuView. “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.”
Used by MSSPs
Managed Service Solution Providers trust SentinelOne to deliver for their customers as well.
"Optiv is dedicated to the cyber insurance market and the unique challenges it presents,” said Dara Gibson, Senior Cyber Insurance Manager at Optiv. “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 also leverage SentinelOne as part of managed services to help SMB and Mid- Market companies contain threats, remediate breaches, and maintain a good risk profile. To support them, SentinelOne offers its Singularity Platform for use by insurers in Incident Response at no charge, to drive fast and effective containment.
“SentinelOne is honored to have the confidence and trust of so many thoughtful insurance practitioners,” said Barnaby Page, Vice President, Incident Response and Cyber Risk, SentinelOne. “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.”
To learn more about the SentinelOne Risk Assurance Initiative and the value it can deliver, click here.
About SentinelOne
SentinelOne is the world’s leading autonomous AI-powered cybersecurity platform. Built on the first unified Data Lake, SentinelOne empowers the world to run securely by creating intelligent, data-driven systems that think for themselves, stay ahead of complexity and risk, and evolve on their own. Leading organizations—including Fortune 10, Fortune 500, and Global 2000 companies, as well as prominent governments—all trust SentinelOne to Secure Tomorrow™. Learn more at sentinelone.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240725238790/en/
Karen Master
SentinelOne
karen.master@sentinelone.com
Source: SentinelOne
FAQ
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