.Cyber insurance policy agency Cowbell has actually raised $60 million in Set C funding from Zurich Insurance coverage Team, delivering the complete increased due to the provider to over $200 thousand.Established in 2019, the Pleasanton, CA-based business provides tiny as well as medium-sized business (SMEs) along with flexible cyber insurance coverage, powered by its own AI-assisted, ongoing underwriting system.SMBs may make use of the company's Cowbell Factor score index to evaluate their cyber threat and also receive the insurance policy protection that matches their safety threats..Cowbell, which looks for to safeguard as well as inform SMBs from existing and also surfacing risks, offers cyber danger alerts, continuous risk assessment, a closed-loop strategy to run the risk of control, and also superior rewards for policy manufacturers to improve their safety stance.The company intends to make use of the brand new investment to scale functions, grow to vital global markets, introduce brand-new products, and boost its own partnerships.Moreover, it will certainly make use of the most up to date improvements in artificial intelligence as well as generative AI to broaden its own technological structure." Along with a polished pay attention to item development, we are going to accelerate our initiatives to deliver state-of-the-art and also dependable cyber insurance solutions to SMEs and mid-market services internationally, ensuring they possess the defense as well as tools they require to browse the rising hazards in the developing cyber yard," Cowbell owner and CEO Port Kudale pointed out.Cowbell possesses employees in the United States, Canada, the UK, and India as well as delivers cyber insurance policy to SMBs with all fifty US conditions, the District of Columbia, and the UK.Advertisement. Scroll to carry on analysis.Related: ZeroTier Raises $13.5 Thousand in Collection A Funding.Associated: Vanta Increases $150 Thousand at $2.45 Billion Valuation.Connected: Linx Security Increases $33M to Tackle Digital Identity Threats.Related: Data Protection Company Cyberhaven Elevates $88 Thousand at $488 Million Assessment.