Cowbell is signaling a new era in cyber insurance by harnessing technology and data to provide small and medium-sized enterprises (SMEs) with advanced warning of cyber risk exposures bundled with cyber insurance coverage adaptable to the threats of today and tomorrow. Championing adaptive insurance, Cowbell follows policyholders’ cyber risk exposures as they evolve through continuous risk assessment and continuous underwriting. In its unique AI-based approach to risk selection and pricing, Cowbell’s underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue to less than 5 minutes.
Founded in 2019 and based in the San Francisco Bay Area, Cowbell has rapidly grown, now operating across the U.S., Canada, U.K., and India. This growth was recently bolstered by a successful Series C fundraising round of $60 million from Zurich Insurance. This investment not only underscores the confidence in Cowbell’s mission but also accelerates our capacity to revolutionize cyber insurance on a global scale. With the backing of over 25 prominent reinsurance partners, Cowbell is poised to redefine how SMEs navigate the evolving landscape of cyber threats.

• Perform US and UK claims handling and management tasks such as conducting coverage investigations and preparing coverage letters; management of external incident response teams; evaluation of coverage and liability issues; assessment of claims reserves; claims file maintenance; management of defense and coverage counsel; reinsurance reporting; and claim disposition.
• Proactively manage claims and litigation effectively while delivering outstanding customer service.
• Provide regular communication with customers, brokers, and cross-functional departments.
• Claim presentations, both written and oral; obtain authority and/or formulate appropriate action plans on complex claims.
• Assist with marketing claim services and conduct presentations to policyholders, brokers, reinsurers, and partners.
• Identify opportunities for process improvement, automation, and digital transformation within the claims department.
• Develop key performance indicators (KPIs) and metrics to evaluate claims department performance.
• Conduct regular audits to ensure compliance with internal policies, regulatory requirements, and industry standards.
• Stay updated on insurance regulations, laws, and industry best practices to ensure claims operations are in compliance.
• Develop and implement internal controls and processes to meet regulatory requirements and maintain high ethical standards.
• Review and analyze claim files, particularly complex or high-value claims, and provide guidance and expertise to adjusters to facilitate fair and prompt settlements.
• Monitor claim trends, identify emerging issues, and implement strategies to improve claims management efficiency, mitigate risk, and control costs.
• Foster a positive work culture, promote teamwork, and provide guidance for professional development of the claims team.