The Source for Cyber Insurance News, Insights and Data
Cowbell’s new framework scores how much autonomy customers hand their AI systems. OMNI’s own settings are undescribed. Cowbell’s underwriters accept their AI’s pricing nine times out of ten. The company launched that AI today. OMNI reads submissions, weighs risk signals, and returns priced non-admitted quotes in minutes. Cowbell reports 53% growth in new business since … Read more
Cyber insurance underwriting is changing. The old way, where applicants just checked boxes and signed forms, is being replaced by a need for real proof. This change was the main topic in a recent Cyber Insurance News and Information Podcast with Jessica Newman, Global GM of Cyber Insurance at Sophos. Newman explained that the market … Read more
Cowbell has entered the Australian cyber insurance market, rolling out a new standalone policy for small and mid-sized businesses on Zurich Australian Insurance Ltd’s paper. The company said its Prime One programme targets SMEs with annual turnover of up to A$100 million. Cowbell will use its AI-driven underwriting platform and in-house claims capabilities. At the … Read more