Reinsurance News

Your search for “cowbell”

Cowbell Cyber and Smart Choice to team up

24th February 2022

Cowbell Cyber and Smart Choice are to partner up to help distribute cyber coverage and risk monitoring services. Under the arrangement, Smart Choice's network of 9,000 agency partners across 45 states will have access to Cowbell Prime 100, Cowbell's flagship standalone and admitted cyber insurance product. Smart Choice said in a statement ... Read the full article

Cowbell Cyber makes two leadership hires

26th January 2022

Cowbell Cyber has appointed Theresa Le as Head of Claims and Risk Engineering and Dan Palardy as Lead Actuary as part of the company's expansion plan. Le brings just under 20 years of experience working with insurers and will provide leadership to both the claims and risk engineering teams. She most ... Read the full article

Cowbell Cyber launches captive insurer, Cowbell Re

12th January 2022

AI-powered cyber insurer Cowbell Cyber has announced the launch of a new insurance captive called Cowbell Re, which will help the firm address rising demand for cyber insurance with additional capacity. It’s hoped that the launch of Cowbell Re will provide the company more flexibility as Cowbell Cyber continues its growth ... Read the full article

Cowbell Cyber gets fronted reinsurance capacity via Palomar

6th October 2021

AI-powered cyber insurer Cowbell Cyber gained fronted reinsurance capacity via a new strategic partnership with Palomar Excess & Surplus Insurance Company. Palomar announced earlier this month that it was entering the fronting sector of the US market with a new venture called PLMR-FRONT. This new multi-year agreement with Cowbell is backed ... Read the full article

Cowbell Cyber appoints Chris Reese as head of insurance

13th September 2021

AI-powered cyber insurer Cowbell has appointed Chris Reese as the company's new head of insurance, a role that will see her support business strategy, operations and growth. Reporting to Trent Cooksley, COO, Reese joins from Lockton Companies having served as senior vice president and cyber & technology insurance practice lead. At Lockton, ... Read the full article

Cowbell Cyber raises $20mn in Series A funding round

11th March 2021

AI-powered cyber insurer Cowbell has closed a $20 Million Series A funding round as it looks to scale its offering for continuous underwriting and closed-loop risk management. Cowbell Cyber’s closed-loop approach to cyber risk bundles cybersecurity awareness training, continuous risk assessment, and pre and post-breach risk improvement services. Brewer Lane Ventures led ... Read the full article

Cowbell Cyber launches Prime Plus cyber line

13th January 2021

AI-powered cyber insurance provider for small to mid-sized businesses, Cowbell Cyber, has announced the availability of its excess cyber coverage line, Prime Plus. This new line of insurance offers businesses up to $1 billion in revenue access to an additional $10 million in excess limits. Prime Plus provides organisations with additional financial ... Read the full article

Cowbell Cyber expands insurance program to 31 states

7th December 2020

Cowbell Cyber, a startup leveraging Artificial Intelligence (AI)-powered cyber insurance for small to mid-sized businesses, has expanded its admitted cyber insurance program to 31 US states. Cowbell Prime will now be available to businesses in a majority of states in the US, regardless of size and industry. According to Cowbell Cyber, the ... Read the full article

Cowbell Cyber launches new Prime 250 program

23rd September 2020

AI-powered cyber insurer, Cowbell CyberAI has announced the availability of Prime 250, a new insurance program with coverage designed to address a broad variety of cyber risks. With a rise in the number of cyberattacks, Cowbell notes that there has been an increase in demand from businesses that need protection from ... Read the full article

Cowbell Cyber adds social engineering cover to cyber offering

15th April 2020

Cowbell Cyber, a startup leveraging Artificial Intelligence (AI)-powered cyber insurance for SMBs, has added social engineering protection to its Cowbell Prime 100 cyber insurance solution. According to Cowbell Cyber, a huge 98% of cyberattacks deploy social engineering methods, essentially exploiting human weaknesses and preying on naivety. The company's new social engineering product ... Read the full article

Markel & RenRe back new policy from AI start-up Cowbell Cyber

23rd January 2020

Reinsurers Markel Global Reinsurance Company and Renaissance Re Holdings are among a group of companies that have provided backing for a new policy from Cowbell Cyber, a start-up focused on AI-powered cyber insurance for SMEs. The policy, called Cowbell Prime 100, is designed to enable insurance agents to issue personalised cyber ... Read the full article

Swiss Re highlights need for solutions to digitalisation risks

31st October 2022

In Swiss Re's 'the perfect remedy for the risks posed by digitalisation' report, Group Chief Digital & Technology Officer, Pravina Ladva, and Antonio Grasso, digital entrepreneur, author, and founder & CEO, discuss how digital solutions can mitigate the risks of digitalisation. Grasso observes that while digitalisation has brought many benefits, it ... Read the full article

Palomar links up with Omaha National

27th July 2022

Palomar has gone into a two-year arrangement with Omaha National. Under the partnership, Palomar Specialty Insurance Company (PSIC) will act as the insurer in California to help support Omaha National’s workers compensation product. Omaha National, through its managing general agent, Omaha National Underwriters, will be overseeing the insurance operations including underwriting, ... Read the full article

Boost secures $20mn in Series B funding

25th May 2021

B2B digital insurance platform Boost has completed a $20 million Series B financing round in an effort to fuel growth of its platform, new product development and partner marketing. The round was led by RRE Ventures and included new investors and a global publicly traded reinsurance company, bringing total funding since ... Read the full article

Boost Insurance raises $14mn for insurtech development platform

5th February 2020

Boost Insurance has secured $14 million in a Series A round of funding, which will be used to expand its infrastructure-as-a-service (IaaS) insurtech development platform. The round was co-led by Coatue and Greycroft, with participation from Tusk Venture Partners, Conversion Capital, and MetLife Chairman Glenn Hubbard. Existing investors Norwest Venture Partners and ... Read the full article