.Cyber insurance policy agency Cowbell has reared $60 thousand in Set C backing from Zurich Insurance policy Group, taking the complete raised due to the provider to over $200 million.Established in 2019, the Pleasanton, CA-based business provides little and medium-sized enterprises (SMEs) with flexible cyber insurance, powered through its own AI-assisted, continuous underwriting system.SMBs may use the company's Cowbell Variable ranking index to examine their cyber danger and receive the insurance policy protection that matches their safety risks..Cowbell, which looks for to protect and educate SMBs from existing and also emerging dangers, gives cyber risk cautions, ongoing danger assessment, a closed-loop approach to run the risk of monitoring, and also costs motivations for plan makers to enhance their protection viewpoint.The business considers to make use of the new financial investment to size procedures, increase to essential worldwide markets, present brand new products, and boost its alliances.On top of that, it is going to take advantage of the current improvements in AI and also generative AI to grow its own technical infrastructure." Along with a refined focus on product expansion, we will definitely increase our efforts to deliver advanced and reliable cyber insurance remedies to SMEs and mid-market companies internationally, ensuring they possess the protection and resources they need to have to navigate the rising hazards in the developing cyber yard," Cowbell creator and CEO Port Kudale said.Cowbell has employees in the US, Canada, the UK, and also India and gives cyber insurance to SMBs in every fifty US states, the Area of Columbia, as well as the UK.Advertisement. Scroll to proceed reading.Connected: ZeroTier Elevates $13.5 Million in Set A Financing.Connected: Vanta Increases $150 Million at $2.45 Billion Valuation.Related: Linx Surveillance Elevates $33M to Outfit Digital Identity Threats.Connected: Data Protection Agency Cyberhaven Raises $88 Million at $488 Thousand Appraisal.