The Latest Launches: Cyber Edition

The Latest Launches: Cyber Edition
Coalition is linking up with Insureon to expand the reach of its cyber insurance and security tools. Cowbell Cyber has expanded into the New York market.

Coalition is linking up with Insureon to expand the reach of its cyber insurance and security tools.

Small and mid-sized business owners will now have access to Coalition’s product set on all Insureon quotations. Insureon is a digital independent agency focused on commercial insurance for small businesses. Coalition is a cyber insurance managing general agency and security company.

Coalition announced in March it has raised $175 million in venture capital designed to accelerate an international expansion and help it expand into other commercial insurance beyond cyber.

Cowbell Cyber has expanded into the New York market. The MGA and InsurTech startup provides multifaceted insurance and related services to small and medium-sized businesses using a digital platform that relies on artificial intelligence.

Specifically, it will be offering Cowbell Prime in the Empire State, its standalone cyber insurance program targeted at businesses with up to $100 million in revenue

All Cowbell Cyber insurance policies include complimentary cyber risk management services such as continuous risk assessment and recommendations for risk reduction and cybersecurity awareness training for employees.

Cowbell Cyber announced a $20 million venture capital financing in March.

Source: Carrier Management

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