The Source for Cyber Insurance News, Insights and Data
Cowbell has reported impressive growth in 2023, marking a 49% increase in its new customer base year-over-year. A significant financial milestone accompanies this momentum. The company secured $25 million in equity financing, reinforcing its leadership position in the ever-expanding cyber insurance sector. As cyber threats increasingly concern small- and medium-sized enterprises (SMEs), Cowbell focuses on … Read more
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. … Read more
Summarized from the press release: Sophos has joined forces with Cowbell to provide small and medium-sized enterprises (SMEs) with an easier way to access cyber insurance. The partnership allows Sophos customers to share their security health information with Cowbell, streamlining the insurer’s risk assessment process and enabling assessors to evaluate defenses against requirements for insurance … Read more
“Cowbell Cyber has appointed Joshua Chan as its new CTO. Chan will be joining the firm from Zimperium, where he was previously that company’s vice president of engineering.” Source: Cowbell Cyber hires new CTO – Reinsurance News
“But Jack Kudale, the founder and CEO, tells me that it’s projecting its policy holder base to grow three-fold in the next 12 months, to 35,000-40,000 customers (which would imply something around 17,000-20,000 businesses currently), and that its premium run rate (the insurance industry’s revenue run rate equivalent) has grown 40x this year, to $200 … Read more