Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has appointed James Porter as the Lead Underwriter for its UK middle market segment. Porter will be responsible for underwriting and managing cyber insurance policies for SMEs and mid-sized businesses.
News of note: Given our coverage of this Association of British Insurers (ABI) report yesterday. “Few SMEs Have Cyber Insurance Despite Growing Cyber Threats, ABI Report Warns.”
Cyber Risk Background and Industry Experience
Porter joins Cowbell from CNA Hardy, where he spent three years underwriting technology and cyber portfolios across multiple regions. He began his career as an underwriting assistant at Clegg Gifford & Co.
Simon Hughes, SVP, Global Distribution at Cowbell, said Porter’s experience would support the company’s expansion in the UK middle market. “James’s expertise will help as we continue building a team with deep market knowledge, ensuring that Cowbell remains a trusted partner to businesses navigating complex cyber risks,” said Hughes.
Porter said he aims to work with partners to improve cyber insurance availability for businesses of all sizes. In a company press release, he said, “The middle market in the UK represents a dynamic and growing segment, and I look forward to working with our partners to ensure that robust cyber insurance is available to businesses of all sizes.”
Cowbell’s UK Operations
Cowbell offers cyber insurance coverage for businesses with annual revenue of up to £1 billion. The company’s AI-driven underwriting platform, known as Cowbell Factors, assesses cyber risks and facilitates policy issuance in under five minutes.
Cowbell operates in 50 U.S. states, the District of Columbia, and the UK. It is backed by 20 global (re)insurance partners.
Other News: UK Gov Offers Cyber Insurance — “Appalling” or “Good Step?”(Opens in a new browser tab)
