Chubb has entered into a strategic partnership with SentinelOne, a frontrunner in the cybersecurity industry. The collaboration aims to revolutionise cyber risk management practices for businesses across the US.
In a significant move, Chubb’s cyber insurance policyholders boosting revenues exceeding $100 million will now have the opportunity to share their enterprise’s “health assessment or security posture” data seamlessly with Chubb. This data sharing will be facilitated through SentinelOne’s cutting-edge endpoint protection and automated incident response solutions.
A noteworthy inclusion in this initiative is SentinelOne’s WatchTower Vital Signs Report app, designed to securely relay a comprehensive profile of a policyholder’s cybersecurity posture and controls directly to Chubb. This innovative step promises to streamline underwriting processes and enhance the overall efficiency of cyber risk management.
The advantages stemming from this collaboration are manifold for policyholders and their agents alike. Policyholders stand to gain potentially incentivised policy pricing, subject to applicable insurance regulations, resulting in more cost-effective coverage. Furthermore, policy renewals will be streamlined, making the process more convenient for businesses.
The partnership also extends the perk of enhanced visibility and fortified cyber threat protection through SentinelOne’s cutting-edge solutions. Additionally, eligible policyholders will have access to discounted subscriptions to SentinelOne’s robust cybersecurity solutions, equipping them to safeguard their systems and data effectively.
According to reports, the partnership between Chubb and SentinelOne has been forged at a critical time. With the relentless rise in the sophistication and destructive potential of cyber threats, companies are increasingly prioritising investments to bolster their defense mechanisms and ensure business resilience.
Chubb and SentinelOne’s commitment to enhancing cyber risk management represents a proactive response to the evolving landscape of cyber threats, providing businesses with the tools and resources they need to navigate the digital realm securely.
As the partnership unfolds, it is poised to play a pivotal role in fortifying the cybersecurity posture of businesses, ultimately contributing to a more secure and resilient corporate landscape in the face of escalating cyber risks.
“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,” said Craig Guiliano, Vice President of Cybersecurity Threat Intelligence at Chubb. “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.”
“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,” said Eran Ashkenazi, Chief Customer Officer, SentinelOne.
Chubb Cyber Insurance is a market leader in cyber insurance, offering insurance coverage for data breaches, network security, and other cyber risks, for over 20 years. With these new policyholder offerings, Chubb Cyber Insurance further provides more value-added benefits at a time when organisations are playing defense against the threats of data breaches, business interruption and reputational risk following a cyber incident.
Pictured: Chubb CEO Evan Greenburg
