Security

Cyber Insurance Policy Company Cowbell Increases $60 Million

.Cyber insurance policy firm Cowbell has actually reared $60 thousand in Series C financing coming from Zurich Insurance policy Team, bringing the total brought up due to the company to over $200 thousand.Founded in 2019, the Pleasanton, CA-based firm provides little and medium-sized enterprises (SMEs) along with flexible cyber insurance coverage, powered by its own AI-assisted, continuous underwriting platform.SMBs can utilize the company's Cowbell Variable rating index to assess their cyber threat as well as acquire the insurance policy coverage that matches their security risks..Cowbell, which seeks to shield and also educate SMBs coming from existing as well as emerging threats, delivers cyber risk precautions, ongoing risk assessment, a closed-loop technique to risk management, and also premium incentives for policy makers to strengthen their security standpoint.The provider organizes to utilize the new assets to scale operations, grow to crucial worldwide markets, introduce new items, and also enhance its relationships.Additionally, it will definitely make use of the latest innovations in artificial intelligence and also generative AI to expand its technological commercial infrastructure." With an enhanced concentrate on item growth, we will definitely increase our efforts to provide enhanced as well as effective cyber insurance policy services to SMEs and mid-market companies around the world, guaranteeing they possess the security and also devices they require to get through the climbing threats in the growing cyber yard," Cowbell founder and also CEO Jack Kudale said.Cowbell possesses staff members in the United States, Canada, the UK, and India as well as supplies cyber insurance policy to SMBs in each fifty US conditions, the District of Columbia, as well as the UK.Advertisement. Scroll to continue reading.Related: ZeroTier Lifts $13.5 Million in Series A Funding.Associated: Vanta Elevates $150 Million at $2.45 Billion Assessment.Connected: Linx Safety And Security Raises $33M to Tools Digital Identification Threats.Connected: Information Safety Company Cyberhaven Elevates $88 Thousand at $488 Thousand Valuation.