Cowbell Cyber

Cowbell is a provider of cyber insurance for small and medium-sized enterprises (SMEs) and the pioneer of Adaptive Cyber Insurance. Cowbell delivers standalone cyber coverage tailored to the unique needs of each business. Their approach relies on AI for continuous risk assessment and continuous underwriting while delivering policyholders a closed-loop approach to risk management with risk prevention, risk mitigation, incident preparedness and response services.

In Cowbell's most basic plan, Cowbell Prime 100, the user's risks are covered according to specific risk exposures. Cowbell Factors identify the user's risk level to help determine the ideal package of insurance coverage to mitigate potential losses from a cyberattack.

Events covered on this most basic level include:

• Security Breach Expense - Coverage for losses and incident recovery expenses such as forensic investigation or customer notification
• Extortion Threats - Coverage for costs associated with ransoms related to cyber intrusions into business systems
• Replacement or Restoration of Data - Coverage for the costs to replace or restore data or programs in the aftermath of an incident
• Loss of Business Income - Coverage for losses and costs associated with the inability to conduct business due to a cyberattack
• Public Relations Expenses - Coverage for the costs to hire a public relations firm to restore reputation following a cyber incident
• Security Breach Liability - Coverage of costs, if liable, incurred by customers and other third parties due to a cyberattack
• Computer and Funds Transfer Fraud - Coverage for the losses associated with a fraudulent transfer of money, securities, or other property
• Social Engineering - Coverage for losses associated with social engineering incidents
• Ransom Payments - Coverage for the reimbursement of ransom payment to a third party to resolve an extortion threat
• Post Breach Remediation - Coverage for labor costs to remediate security weaknesses identified by an independent security firm
• Hardware Replacement Costs - Coverage for the cost to replace destructed or corrupted equipment after a cyber incident
• Telecommunication Fraud - Coverage for the cost of unauthorized use of the insured’s telephone system following a cyber incident
• Website Media Content Liability - Coverage for a loss and defense expenses from intellectual property infringement