.Cyber insurance policy firm Cowbell has actually increased $60 thousand in Series C funding coming from Zurich Insurance policy Group, carrying the overall brought up due to the provider to over $200 million.Established in 2019, the Pleasanton, CA-based company delivers small and medium-sized business (SMEs) with adaptive cyber insurance policy, powered through its own AI-assisted, continual underwriting system.SMBs may utilize the firm's Cowbell Variable score index to examine their cyber danger and obtain the insurance coverage that matches their safety dangers..Cowbell, which looks for to safeguard and educate SMBs from existing and arising threats, provides cyber threat cautions, constant danger analysis, a closed-loop approach to take the chance of control, and premium rewards for plan producers to enhance their safety and security standpoint.The company plans to utilize the new financial investment to scale procedures, increase to crucial worldwide markets, offer new products, as well as enhance its collaborations.On top of that, it will certainly take advantage of the most up to date innovations in artificial intelligence and also generative AI to increase its technological infrastructure." Along with an enhanced pay attention to item development, we are going to increase our initiatives to supply innovative as well as reliable cyber insurance coverage options to SMEs and mid-market businesses globally, ensuring they possess the security and also resources they require to browse the increasing dangers in the growing cyber yard," Cowbell founder as well as chief executive officer Port Kudale said.Cowbell has staff members in the US, Canada, the UK, and also India and gives cyber insurance to SMBs in each 50 US states, the District of Columbia, as well as the UK.Advertisement. Scroll to proceed reading.Connected: ZeroTier Raises $13.5 Thousand in Series A Backing.Related: Vanta Raises $150 Thousand at $2.45 Billion Appraisal.Related: Linx Surveillance Elevates $33M to Gear Digital Identification Threats.Related: Data Surveillance Company Cyberhaven Elevates $88 Million at $488 Thousand Assessment.