.Cyber insurance policy agency Cowbell has increased $60 thousand in Collection C backing from Zurich Insurance Team, taking the overall reared due to the firm to over $200 million.Founded in 2019, the Pleasanton, CA-based provider offers little as well as medium-sized enterprises (SMEs) along with adaptive cyber insurance policy, powered through its AI-assisted, constant underwriting system.SMBs may utilize the firm's Cowbell Variable score mark to assess their cyber danger as well as obtain the insurance policy protection that matches their safety risks..Cowbell, which finds to secure and inform SMBs coming from existing and also surfacing dangers, gives cyber risk alerts, continuous danger analysis, a closed-loop technique to take the chance of control, and also premium rewards for plan makers to strengthen their safety and security stance.The business plans to utilize the new investment to scale procedures, grow to crucial global markets, launch new products, and also strengthen its own alliances.Moreover, it will certainly utilize the most up to date advancements in AI as well as generative AI to increase its technical framework." Along with a refined concentrate on product growth, we will certainly increase our attempts to deliver innovative as well as effective cyber insurance options to SMEs as well as mid-market organizations worldwide, ensuring they possess the defense as well as devices they require to navigate the increasing hazards in the growing cyber yard," Cowbell owner as well as CEO Jack Kudale mentioned.Cowbell possesses employees in the US, Canada, the UK, and also India as well as delivers cyber insurance coverage to SMBs in each fifty US conditions, the Area of Columbia, as well as the UK.Advertisement. Scroll to continue reading.Associated: ZeroTier Lifts $13.5 Million in Series A Backing.Connected: Vanta Increases $150 Thousand at $2.45 Billion Valuation.Connected: Linx Surveillance Elevates $33M to Outfit Digital Identity Threats.Connected: Information Safety Organization Cyberhaven Raises $88 Million at $488 Million Valuation.