Security

Cyber Insurance Coverage Service Provider Cowbell Brings Up $60 Million

.Cyber insurance policy company Cowbell has raised $60 thousand in Series C funding from Zurich Insurance policy Team, bringing the overall brought up by the business to over $200 thousand.Founded in 2019, the Pleasanton, CA-based business offers little and medium-sized enterprises (SMEs) with flexible cyber insurance coverage, powered by its own AI-assisted, continuous underwriting platform.SMBs may make use of the company's Cowbell Aspect rating index to evaluate their cyber danger as well as acquire the insurance coverage that matches their protection threats..Cowbell, which finds to safeguard as well as enlighten SMBs coming from existing as well as developing risks, supplies cyber threat precautions, ongoing danger examination, a closed-loop approach to run the risk of management, and also superior motivations for plan producers to boost their safety viewpoint.The business plans to use the brand-new financial investment to size operations, expand to vital international markets, introduce brand new items, and also strengthen its partnerships.In addition, it will utilize the most up to date improvements in artificial intelligence and generative AI to extend its technological commercial infrastructure." Along with a refined focus on product growth, our team will accelerate our initiatives to provide enhanced and also effective cyber insurance coverage services to SMEs as well as mid-market services internationally, ensuring they possess the security and devices they require to navigate the increasing hazards in the progressing cyber garden," Cowbell owner as well as chief executive officer Jack Kudale pointed out.Cowbell has workers in the United States, Canada, the UK, and India and also delivers cyber insurance coverage to SMBs with all 50 US states, the Area of Columbia, and also the UK.Advertisement. Scroll to continue reading.Connected: ZeroTier Raises $13.5 Million in Series A Backing.Related: Vanta Raises $150 Million at $2.45 Billion Appraisal.Related: Linx Security Elevates $33M to Trappings Digital Identity Threats.Related: Data Surveillance Agency Cyberhaven Increases $88 Million at $488 Million Assessment.