Cowbell extends cyberinsurance coverage to UK mid-market businesses

Leading cyberinsurance provider, Cowbell, announced its cyberinsurance solutions are extending their reach beyond SMEs, now catering for mid-market businesses with an annual turnover of up to £1 billion. 

Backed by A+ rated (re)insurers, US-based Cowbell officially entered the UK market in mid-2023 with the launch of its standalone AI-powered cyberinsurance programme, Cowbell Prime One. 

Extending the availability of its market-leading cyberinsurance policy to an even greater swathe of UK PLCs means that 99% of all UK-based businesses can now benefit from Cowbell’s data-driven technology and protection from cyberattacks. 

Offering real-time underwriting, the Cowbell platform allows brokers to customise robust cyber policies for unique risk exposures, covering diverse cyberincidents

Simon Hughes, VP and General Manager for Cowbell UK, said: “Our decision to expand cybersecurity coverage to companies with an annual turnover of up to £1 billion stems from the demand for advanced cybersecurity solutions we’ve observed in the mid-market segment, where the traditional InsurTech offerings often fall short.”