.Cyber insurance coverage firm Cowbell has reared $60 million in Series C backing from Zurich Insurance coverage Group, carrying the total raised due to the firm to over $200 million.Founded in 2019, the Pleasanton, CA-based firm delivers tiny and also medium-sized enterprises (SMEs) with flexible cyber insurance, powered by its own AI-assisted, continual underwriting system.SMBs can use the provider's Cowbell Element ranking mark to review their cyber threat and also receive the insurance protection that matches their security threats..Cowbell, which finds to guard and also teach SMBs from existing and developing threats, provides cyber threat cautions, constant danger analysis, a closed-loop technique to take the chance of monitoring, and fee incentives for policy creators to improve their protection stance.The firm organizes to make use of the new financial investment to scale functions, increase to crucial international markets, launch new items, as well as strengthen its own relationships.In addition, it is going to utilize the latest developments in artificial intelligence and also generative AI to expand its technical structure." With a polished pay attention to product development, our experts will certainly accelerate our attempts to supply innovative and effective cyber insurance coverage services to SMEs and mid-market organizations worldwide, ensuring they have the protection as well as devices they need to have to navigate the climbing dangers in the growing cyber garden," Cowbell owner and also CEO Jack Kudale mentioned.Cowbell possesses staff members in the US, Canada, the UK, and India and also provides cyber insurance policy to SMBs with all fifty US conditions, the District of Columbia, as well as the UK.Advertisement. Scroll to carry on reading.Connected: ZeroTier Raises $13.5 Thousand in Collection A Financing.Associated: Vanta Raises $150 Thousand at $2.45 Billion Evaluation.Connected: Linx Protection Increases $33M to Tools Digital Identity Threats.Related: Information Protection Firm Cyberhaven Increases $88 Million at $488 Million Valuation.