.Cyber insurance coverage agency Cowbell has actually raised $60 million in Set C financing from Zurich Insurance policy Team, delivering the overall increased due to the business to over $200 million.Founded in 2019, the Pleasanton, CA-based provider supplies small and also medium-sized enterprises (SMEs) with flexible cyber insurance, powered by its AI-assisted, constant underwriting system.SMBs can make use of the company's Cowbell Variable score index to assess their cyber risk and also acquire the insurance policy protection that matches their safety hazards..Cowbell, which looks for to defend and educate SMBs from existing and also developing hazards, provides cyber threat precautions, constant risk evaluation, a closed-loop technique to take the chance of monitoring, and superior incentives for policy producers to improve their safety and security standpoint.The business organizes to make use of the new investment to scale operations, expand to key worldwide markets, launch brand new products, as well as strengthen its own partnerships.Additionally, it will make use of the most up to date innovations in artificial intelligence and generative AI to extend its own technological structure." With a refined concentrate on product growth, we will definitely increase our attempts to deliver enhanced and also effective cyber insurance policy remedies to SMEs as well as mid-market organizations around the world, ensuring they have the security and tools they need to browse the rising risks in the developing cyber garden," Cowbell founder and CEO Jack Kudale said.Cowbell possesses staff members in the United States, Canada, the UK, and also India and gives cyber insurance coverage to SMBs in every fifty US conditions, the District of Columbia, and the UK.Advertisement. Scroll to proceed analysis.Connected: ZeroTier Elevates $13.5 Million in Series A Funding.Associated: Vanta Elevates $150 Thousand at $2.45 Billion Assessment.Related: Linx Safety Raises $33M to Trappings Digital Identity Threats.Connected: Data Surveillance Organization Cyberhaven Increases $88 Thousand at $488 Thousand Evaluation.