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

CrowdStrike 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 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.

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.

“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.” 

"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."

"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."

Source: CrowdStrike media announcement