CrowdStrike (NASDAQ: CRWD) announced the expansion of Project QuiltWorks to include cyber insurance industry partners Coalition, Liberty Mutual Insurance, Lockton, Resilience, and Marsh. The framework now addresses financial risk mitigation in addition to technical AI security measures.

Project QuiltWorks combines AI-driven vulnerability discovery with remediation services and financial risk modeling. The framework uses frontier models from OpenAI and Anthropic to identify security vulnerabilities while incorporating actuarial expertise from insurance partners.

The expanded framework includes four components: financial risk modeling through actuarial expertise, exposure prioritization using adversary intelligence and vulnerability data, underwriting confidence through continuous visibility, and coordinated risk mitigation combining AI-driven discovery with claims data.

"Frontier AI risk doesn't stop at technology, it lands on the balance sheet," said Daniel Bernard, chief business officer at CrowdStrike. The company stated that Project QuiltWorks represents the first industry model spanning technical discovery, expert remediation, and financial mitigation.

According to the company, frontier AI accelerates vulnerability discovery and compresses exploitation timelines, which affects how insurers assess and price cyber risk coverage. The framework aims to help organizations obtain and maintain insurance coverage by building required security controls and visibility.

Tim MalcomVetter from Coalition noted that frontier AI reduces the time between vulnerability and potential loss. Michelle Faylo from Lockton said the framework provides clients with coordinated risk management. Jud Dressler from Resilience emphasized the need to focus on threats that pose material business risk.

CrowdStrike Project QuiltWorks is currently available, according to the company's announcement.