Security

Cyber Insurance Coverage Service Provider Cowbell Brings Up $60 Million

.Cyber insurance policy company Cowbell has actually increased $60 thousand in Series C funding from Zurich Insurance Group, taking the total raised due to the business to over $200 million.Founded in 2019, the Pleasanton, CA-based provider offers small and medium-sized enterprises (SMEs) along with flexible cyber insurance coverage, powered through its own AI-assisted, ongoing underwriting platform.SMBs can easily use the firm's Cowbell Factor score mark to analyze their cyber risk and also get the insurance protection that matches their security dangers..Cowbell, which seeks to defend and also inform SMBs from existing and also emerging risks, provides cyber threat alerts, ongoing danger assessment, a closed-loop strategy to jeopardize control, and superior motivations for policy creators to strengthen their surveillance stance.The firm prepares to make use of the new financial investment to size functions, extend to essential worldwide markets, present new items, and also boost its own partnerships.In addition, it will certainly make use of the current innovations in AI and generative AI to increase its technological commercial infrastructure." Along with a processed pay attention to item development, our company will definitely accelerate our efforts to supply innovative and also dependable cyber insurance coverage answers to SMEs as well as mid-market businesses internationally, guaranteeing they possess the defense and also tools they need to have to navigate the climbing threats in the developing cyber garden," Cowbell creator and CEO Jack Kudale mentioned.Cowbell possesses employees in the US, Canada, the UK, as well as India and gives cyber insurance to SMBs in all 50 US conditions, the Area of Columbia, and the UK.Advertisement. Scroll to proceed analysis.Connected: ZeroTier Elevates $13.5 Thousand in Set A Funding.Connected: Vanta Elevates $150 Thousand at $2.45 Billion Assessment.Connected: Linx Safety And Security Elevates $33M to Gear Digital Identification Threats.Related: Data Safety Firm Cyberhaven Increases $88 Thousand at $488 Thousand Assessment.