Cowbell expands partnership with Cloudflare and augments its Cyber Insurance Risk Modeling with Cloudflare Security Insights

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Sep 07, 2023, 14:07 ET

Cowbell policyholders can opt into real-time risk insights through new integration

PLEASANTON, Calif., Sept. 7, 2023 /PRNewswire/ -- Cowbell, the leading provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced a new integration with Cloudflare, the security, performance, and reliability company helping to build a better Internet. With this integration, Cowbell has added security insights from Cloudflare to its risk rating model for cyber insurance. Cowbell is the first cyber insurance provider to incorporate Cloudflare security data into its cyber risk modeling, bringing unprecedented benefits to policyholders using Cloudflare.

Millions of websites trust Cloudflare to provide security against Distributed Denial-of-Service (DDoS) attacks, malicious bots, and other nefarious intrusions. With this integration, Cowbell policyholders can optimize their insurance premium and coverage and become eligible for a premium credit. Cowbell policyholders who utilize Cloudflare can now gain access to real-time risk insights as a complimentary value-add to their cyber insurance policy, and deepen their visibility into how they compare to their industry peers.

"Cloudflare provides security to millions of websites, and we are proud to provide a cyber insurance experience that rewards Cloudflare customers for being vigilant about protecting their web-facing properties from DDoS attacks and bot attacks," said Rajeev Gupta, co-founder and CPO at Cowbell. "This is Cowbell's latest advancement in our mission to provide a smarter, more innovative, and more effective cyber insurance experience."

"We are thrilled to launch this integration with Cowbell, helping to close the insurability gap for our customers," said Deeksha Lamba, Director of Strategic Partnerships at Cloudflare. "Flexible cyber insurance is critical in today's evolving threat landscape, and integrating with Cowbell will help us serve our SME customers in new and better ways."

Policyholders and cyber insurance applicants can activate the Cowbell connector to Cloudflare from the Cowbell platform. Security configuration data is accessed on a read-only basis following all security requirements from publicly available APIs.

Cowbell's integration with Cloudflare follows the successful addition of Cowbell's connectors for Google Workspace and Google Cloud, adding to the portfolio of connectors available to policyholders. This integration underscores Cowbell's continued commitment to helping policyholders mitigate risk throughout the policy lifecycle, and providing coverage uniquely aligned to each customer's technology deployments. Policyholders trust Cowbell as a key partner in their overall strategy for cyber risk management.

This announcement adds to the existing Cowbell and Cloudflare partnership that provides Cloudflare customers with easy access to cyber coverage.

To learn more about Cowbell cyber policies, visit cowbell.insure, or reach out to your licensed insurance broker.

About Cowbell
Cowbell is a pioneer of Adaptive Cyber Insurance, a leader in providing small and medium-sized enterprises (SMEs) coverage adaptable to today's and tomorrow's threats and the advanced warning of cyber risk exposures. In its unique AI-based approach in risk selection and pricing, Cowbell's continuous underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue in less than 5 minutes. Cowbell is backed by 20 prominent leading global (re)insurance partners and serves SMEs in 50 U.S. states, the District of Columbia and the United Kingdom. Founded in 2019, Cowbell is based in the San Francisco Bay Area with employees across the U.S., Canada, India, and the U.K. For more information, please visit https://cowbell.insure/.

Media Contact
John Kreuzer
Lumina Communications for Cowbell
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408-963-6418

SOURCE Cowbell