Cowbell Cyber, which uses artificial intelligence to sell cyber cover for small to mid-sized businesses, has expanded into Texas, Ohio, Indiana and Michigan.
The company said its Cowbell Prime program is now admitted in 18 states, including the new entries. Isabelle Dumont, Cowbell Cyber’s VP of Market Engagement, noted in prepared remarks that the company can now serve 32 million small businesses.
Cowbell Cyber maps insurable threats and risk exposures using artificial intelligence to determine the probability of threats and impact on coverage types.
Texas in particular represents a coup for the company, which noted the state generates 8.8 percent of U.S. GDP. Brokers and agencies licensed to distribute Property & Casualty insurance in Texas can now benefit from the competitive distribution approach offered by Cowbell and deliver customized policies tailored to each client’s needs in minutes. In addition, policyholders can also obtain free, online access to their risk ratings, Cowbell Factors, and recommendations on how to remediate identified risks with Cowbell Insights.
In addition, Cowbell said it has opened its Cowbell Prime program to additional businesses, including banking, financial services, insurance, and hospitality.
Source: Cowbell Cyber