.Cyber insurance coverage agency Cowbell has raised $60 million in Set C backing from Zurich Insurance Team, carrying the overall brought up due to the company to over $200 thousand.Founded in 2019, the Pleasanton, CA-based firm delivers little and medium-sized business (SMEs) with adaptive cyber insurance coverage, powered by its AI-assisted, continual underwriting platform.SMBs can easily make use of the business's Cowbell Factor score index to evaluate their cyber danger and receive the insurance protection that matches their security dangers..Cowbell, which finds to shield and also educate SMBs from existing and emerging hazards, supplies cyber risk alerts, continuous risk assessment, a closed-loop strategy to risk administration, and premium rewards for policy producers to boost their security standpoint.The company organizes to use the brand new financial investment to scale procedures, extend to essential international markets, introduce brand new items, and also boost its own collaborations.On top of that, it is going to make use of the latest innovations in artificial intelligence and generative AI to grow its technical facilities." With a processed focus on item growth, we are going to accelerate our attempts to provide enhanced as well as efficient cyber insurance policy options to SMEs as well as mid-market services globally, ensuring they possess the defense and resources they need to browse the climbing risks in the growing cyber garden," Cowbell owner and also chief executive officer Jack Kudale pointed out.Cowbell has employees in the United States, Canada, the UK, and India and supplies cyber insurance policy to SMBs in each fifty US states, the Area of Columbia, and also the UK.Advertisement. Scroll to proceed analysis.Related: ZeroTier Elevates $13.5 Million in Series A Backing.Connected: Vanta Raises $150 Thousand at $2.45 Billion Assessment.Associated: Linx Surveillance Raises $33M to Gear Digital Identification Threats.Associated: Information Safety And Security Organization Cyberhaven Raises $88 Thousand at $488 Million Evaluation.