.Cyber insurance policy organization Cowbell has raised $60 million in Series C financing coming from Zurich Insurance Team, bringing the overall reared by the company to over $200 million.Established in 2019, the Pleasanton, CA-based business delivers small and medium-sized companies (SMEs) with adaptive cyber insurance, powered through its AI-assisted, constant underwriting platform.SMBs can utilize the provider's Cowbell Variable ranking mark to assess their cyber risk and acquire the insurance policy protection that matches their surveillance threats..Cowbell, which finds to safeguard and enlighten SMBs coming from existing and also surfacing threats, delivers cyber risk alerts, ongoing threat evaluation, a closed-loop method to jeopardize management, as well as superior rewards for plan producers to improve their safety standpoint.The company intends to make use of the new financial investment to scale operations, expand to essential international markets, offer brand new items, and enhance its relationships.Moreover, it will certainly make use of the current developments in artificial intelligence and also generative AI to expand its technical framework." With a processed pay attention to item growth, our experts will definitely increase our initiatives to provide sophisticated and also effective cyber insurance coverage services to SMEs and also mid-market businesses around the globe, ensuring they have the security and resources they need to have to browse the increasing hazards in the progressing cyber yard," Cowbell owner and chief executive officer Port Kudale claimed.Cowbell possesses employees in the United States, Canada, the UK, and also India and delivers cyber insurance to SMBs in all 50 US conditions, the Area of Columbia, and the UK.Advertisement. Scroll to continue analysis.Connected: ZeroTier Lifts $13.5 Million in Set A Backing.Associated: Vanta Elevates $150 Thousand at $2.45 Billion Evaluation.Associated: Linx Surveillance Elevates $33M to Gear Digital Identification Threats.Related: Information Security Company Cyberhaven Increases $88 Million at $488 Thousand Evaluation.