The provider of “Adaptive Cyber Insurance” has launched its first UK-specialty product and hired Catherine Aleppo as its new sales director for the country. Aleppo previously led the cyber insurance department of a UK broker. She’s an example of the growing bench of experienced cyber insurance executives, very much needed by the rapidly expanding industry.
The new product, Cowbell Prime One, provides “SME protection” and “AI-powered underwriting at speed.” Read more here.
The Company, which recently joined AWS’s cyber insurance effort, reports having a “continuously monitored risk pool” of well over 30 million SMEs in the US and UK, which it claims accounts for nearly 90% of such companies in the two countries.
Cowbell’s growth has been rewarded by investors, who’ve put well over $100 million into the company.