Source: Insurance Edge
EDR systems continuously monitor the networked devices that people use to interface with technology. They search for cyber threats, and mitigate them when found. Because they are deeply embedded in mission-critical systems, a single malfunction like the one seen in the CrowdStrike event can instantly disable endpoints across an entire organization, bringing operations to a halt. While essential for cyber defense, their failure poses a systemic risk that can cascade through the entire business.
“Our mission is to build trust in technology through insurance – and that’s exactly why our partners have joined us: to help reinforce that trust with their customers,” said Jonathan Hatzor, CEO of Parametrix. “After last summer’s CrowdStrike event, many EDR clients were deeply concerned about the ability of endpoint security tools to unexpectedly shut down entire systems. Our coverage helps restore confidence in these services, reduces friction in SLA and contract negotiations, and ultimately supports our clients’ commercial goals. We’re proud to stand behind them.”
With this launch, Parametrix continues to lead the way in parametric insurance solutions that evolve with the digital risk landscape, offering fast, transparent, and relevant coverage for today’s most pressing operational risks.
Read the full article: https://insurance-edge.net/2025/05/23/parametrix-launches-new-embedded-insurance-program/
