.Cyber insurance agency Cowbell has increased $60 million in Series C financing coming from Zurich Insurance coverage Team, taking the overall reared due to the company to over $200 thousand.Founded in 2019, the Pleasanton, CA-based company provides tiny and also medium-sized companies (SMEs) with flexible cyber insurance coverage, powered through its own AI-assisted, continual underwriting platform.SMBs may make use of the business's Cowbell Factor rating mark to evaluate their cyber threat as well as obtain the insurance policy coverage that matches their safety and security threats..Cowbell, which looks for to guard and enlighten SMBs from existing and emerging dangers, offers cyber risk precautions, continuous danger assessment, a closed-loop method to jeopardize monitoring, and superior incentives for policy producers to enhance their surveillance stance.The firm considers to use the brand-new assets to scale procedures, broaden to essential global markets, launch brand new items, and also enhance its own alliances.Additionally, it is going to take advantage of the latest advancements in artificial intelligence and generative AI to increase its technological commercial infrastructure." Along with a polished concentrate on product expansion, we will certainly increase our initiatives to supply sophisticated and also reliable cyber insurance coverage remedies to SMEs and mid-market services around the world, guaranteeing they have the protection and tools they need to navigate the increasing hazards in the progressing cyber landscape," Cowbell owner and also chief executive officer Port Kudale stated.Cowbell has workers in the United States, Canada, the UK, and India as well as offers cyber insurance to SMBs in all fifty US conditions, the Area of Columbia, and also the UK.Advertisement. Scroll to continue reading.Connected: ZeroTier Raises $13.5 Million in Collection A Backing.Associated: Vanta Increases $150 Million at $2.45 Billion Evaluation.Related: Linx Surveillance Raises $33M to Tackle Digital Identification Threats.Associated: Information Protection Firm Cyberhaven Increases $88 Million at $488 Thousand Evaluation.