.Cyber insurance coverage company Cowbell has reared $60 million in Collection C funding coming from Zurich Insurance coverage Group, taking the complete raised due to the provider to over $200 million.Founded in 2019, the Pleasanton, CA-based firm supplies small and also medium-sized ventures (SMEs) with flexible cyber insurance coverage, powered through its own AI-assisted, ongoing underwriting system.SMBs may make use of the provider's Cowbell Factor ranking index to review their cyber risk as well as get the insurance protection that matches their security risks..Cowbell, which seeks to protect as well as educate SMBs coming from existing as well as arising hazards, delivers cyber threat precautions, continuous threat analysis, a closed-loop approach to risk management, as well as superior motivations for policy manufacturers to strengthen their safety and security stance.The firm plans to make use of the brand-new investment to scale functions, broaden to vital global markets, present brand new products, as well as strengthen its alliances.In addition, it will definitely take advantage of the most recent advancements in artificial intelligence and also generative AI to broaden its own technological framework." Along with an enhanced concentrate on item expansion, our experts are going to accelerate our efforts to deliver innovative as well as effective cyber insurance coverage options to SMEs as well as mid-market services globally, guaranteeing they possess the security as well as tools they require to get through the increasing risks in the evolving cyber landscape," Cowbell owner and also CEO Jack Kudale said.Cowbell has staff members in the US, Canada, the UK, and India and provides cyber insurance coverage to SMBs with all fifty US states, the Area of Columbia, and also the UK.Advertisement. Scroll to carry on analysis.Associated: ZeroTier Elevates $13.5 Thousand in Set A Financing.Related: Vanta Elevates $150 Thousand at $2.45 Billion Valuation.Connected: Linx Protection Raises $33M to Tackle Digital Identification Threats.Connected: Data Security Firm Cyberhaven Elevates $88 Thousand at $488 Thousand Appraisal.