.Cyber insurance firm Cowbell has brought up $60 million in Set C backing coming from Zurich Insurance coverage Team, bringing the total raised due to the provider to over $200 thousand.Established in 2019, the Pleasanton, CA-based business provides tiny and also medium-sized companies (SMEs) along with flexible cyber insurance policy, powered through its own AI-assisted, ongoing underwriting system.SMBs can utilize the company's Cowbell Aspect ranking mark to assess their cyber risk and get the insurance policy coverage that matches their security threats..Cowbell, which looks for to defend as well as enlighten SMBs from existing and also developing hazards, supplies cyber threat precautions, continual risk assessment, a closed-loop approach to run the risk of administration, and fee motivations for policy creators to strengthen their security stance.The firm plans to use the brand new expenditure to scale operations, increase to key international markets, launch brand new items, and boost its own alliances.Moreover, it is going to make use of the current improvements in AI and also generative AI to broaden its own technological facilities." Along with a processed focus on item expansion, we will accelerate our efforts to deliver innovative and also efficient cyber insurance policy options to SMEs and also mid-market businesses globally, ensuring they have the security and also resources they need to get through the climbing threats in the progressing cyber garden," Cowbell founder and chief executive officer Jack Kudale mentioned.Cowbell has employees in the United States, Canada, the UK, as well as India as well as supplies cyber insurance policy to SMBs in each 50 US conditions, the Area of Columbia, and also the UK.Advertisement. Scroll to proceed analysis.Connected: ZeroTier Elevates $13.5 Million in Set A Funding.Connected: Vanta Increases $150 Thousand at $2.45 Billion Evaluation.Connected: Linx Protection Elevates $33M to Implements Digital Identity Threats.Related: Information Protection Firm Cyberhaven Raises $88 Million at $488 Million Valuation.