Cowbell Speciality Insurance Company, Nebraska: Overview, Contacts, Services, Financial Aspects, Career Opportunities, Claim Process

Cowbell Speciality Insurance Company: A Cybersecurity Leader in Nebraska

Why do you need Cowbell Speciality Insurance Company, here’s why:

Cybersecurity is one of the most important and challenging issues facing businesses and individuals in the digital age. Cyberattacks can cause devastating losses of data, money, reputation, and trust. That’s why you need a reliable and innovative partner to protect your cyber assets and help you recover from any cyber incident.

Cowbell Speciality Insurance Company is a Nebraska-based insurance company that specializes in cyber insurance. It offers customized and comprehensive cyber insurance solutions for businesses of all sizes and industries. Whether you are a small business owner, a mid-sized enterprise, or a large corporation, Cowbell can help you mitigate your cyber risks and enhance your cyber resilience.

In this  post, we will introduce you to Cowbell Speciality Insurance Company and its services. We will also discuss why you should choose Cowbell as your cyber insurance provider, and how you can contact them for more information or a quote. Let’s get started!

Overview of Cowbell Speciality Insurance

Cowbell Speciality Insurance Company is a subsidiary of Cowbell Cyber, a leading cyber insurance company that was founded in 2019.  The Insurance Company, Cowbell Cyber, is headquartered in Pleasanton, California, and has offices in New York, Boston, Denver, and Omaha. Cowbell Cyber is backed by prominent investors such as Brewer Lane Ventures, Pivot Investment Partners, Avanta Ventures, Markel Corporation, and ManchesterStory Group.

To begin with, Cowbell Speciality Insurance Company was launched in September 2022 as a new entity to augment Cowbell Cyber’s current business model. Cowbell Speciality Insurance Company is licensed in 50 states and the District of Columbia. It joins a reputed panel of 15 carriers and reinsurers that currently support Cowbell Prime cyber insurance programs.

Furthermore, Cowbell Speciality Insurance Company is led by Jack Kudale, the founder and CEO of Cowbell Cyber. He is an experienced entrepreneur and executive with over 20 years of experience in the cybersecurity, cloud computing, and insurance industries. He is supported by a team of experts in cyber risk assessment, underwriting, claims management, and customer service.

 

Cowbell Speciality Insurance Company’s mission is to provide affordable and accessible cyber insurance solutions for businesses of all sizes and industries. It leverages artificial intelligence, data science, and cloud computing to deliver fast and accurate cyber risk assessments and tailored cyber insurance policies. It also offers proactive risk management services and responsive claims handling to help its customers prevent and recover from cyber incidents.

 

An image Illustration of Cowbell Speciality Insurance
Photo courtesy: ffnews.com

 

What are Cowbell Speciality Insurance Company’s Partnerships and Affiliates?

Cowbell Speciality Insurance Company has established partnerships and affiliations with various organizations and entities in the cybersecurity, insurance, and technology sectors. Some of these include:

 

Cybersecurity Partners: Cowbell works with leading cybersecurity vendors such as CrowdStrike, Darktrace, SentinelOne, Zscaler, Qualys, Rapid, BitSight, SecurityScorecard, RiskRecon, UpGuard, and others to provide its customers with access to best-in-class cybersecurity tools and services. These partners help Cowbell monitor its customers’ cyber exposure, provide recommendations for improving their cyber hygiene, and offer discounts on their products and services.

Insurance Partners: Cowbell collaborates with reputable insurance carriers and reinsurers such as Markel Corporation, Munich Re Group, Everest Re Group, Hudson Insurance Group, CNA Hardy, Beazley Group, AXIS Capital Holdings Limited, Arch Capital Group Ltd., Chubb Limited, Sompo International Holdings Ltd., Tokio Marine HCC – Cyber & Professional Lines Group

Technology Partners: Cowbell leverages cutting-edge technology platforms such as Amazon Web Services, Microsoft Azure, Google Cloud Platform, and IBM Cloud to power its cyber risk assessment and underwriting processes. These partners enable Cowbell to collect and analyze data from various sources, such as public domain, dark web, third-party vendors, and customers’ own networks. They also provide scalability, security, and reliability for Cowbell’s cloud-based services.

Distribution Partners: Cowbell distributes its cyber insurance products through a network of trusted and licensed agents and brokers across the country. These partners help Cowbell reach and serve a wide range of customers, from small businesses to large enterprises. They also provide guidance and support to customers throughout the cyber insurance journey, from quoting to binding to renewing.

What Services Does Cowbell Speciality Insurance Company Offer?

Cowbell Speciality Insurance Company offers cyber insurance solutions that are designed to meet the specific needs and preferences of each customer. It offers two main types of cyber insurance products: Cowbell Prime and Cowbell Factor.

 

Cowbell Prime

Cowbell Prime is a standalone cyber insurance program that covers a broad spectrum of cyber risks, such as data breach, ransomware, business interruption, cyber extortion, social engineering, funds transfer fraud, network security liability, privacy liability, media liability, regulatory fines and penalties, and more. It also includes coverage for incident response costs, such as forensic investigation, legal fees, notification costs, credit monitoring services, public relations expenses, and more.

Cowbell Prime offers three levels of coverage: Prime 100, Prime 250, and Prime 500. The coverage limits range from $100,000 to $500,000 per occurrence and in the aggregate. The deductibles range from $1,000 to $25,000 per occurrence. The premiums are based on the customer’s industry, size, revenue, location, security posture, and risk appetite.

Cowbell Prime is ideal for small and medium-sized businesses that need affordable and comprehensive cyber insurance coverage. It is also suitable for businesses that operate in high-risk industries or regions that are prone to cyberattacks. Additionally, Cowbell Prime can be purchased online or through an agent or broker in minutes.

 

Cowbell Factor

This, Cowbell Factor, is a cyber insurance program that is tailored to the specific needs and preferences of each customer. Furthermore, It allows customers to choose from a menu of cyber coverages that match their risk profile and exposure. It also allows customers to adjust their coverage limits and deductibles according to their budget and risk tolerance.

Cowbell Factor also offers more than 25 cyber coverages that can be combined in various ways to create a customized cyber insurance policy.

Some of these coverages include:
  • Data breach liability, data breach expense, business interruption expense, contingent business interruption expense.
  • Cyber Extortion Expense, which covers the costs of hiring a professional negotiator, paying a ransom demand, or restoring or replacing data or systems that have been encrypted, deleted, or corrupted by a cyber extortionist.
  • Social Engineering Fraud Expense, which covers the losses incurred by transferring funds or property to a third party as a result of a fraudulent instruction or request that impersonates a legitimate person or entity.
  • Reputational Harm Expense, which covers the losses resulting from a decline in revenue due to a negative impact on the customer’s reputation caused by a cyber incident.
  • Cyber Crime Expense, which covers the losses caused by unauthorized access to or use of the customer’s computer system, network, or data by a third party for malicious or illegal purposes.

Cowbell Factor offers coverage limits from $1 million to $15 million per occurrence and in the aggregate. The deductibles range from $10,000 to $250,000 per occurrence. The premiums are based on the customer’s industry, size, revenue, location, security posture, risk appetite, and selected coverages.

Cowbell Factor is ideal for large and complex businesses that need customized and flexible cyber insurance coverage. It is also suitable for businesses that have unique or emerging cyber risks that are not covered by standard cyber insurance policies. Cowbell Factor can be purchased through an agent or broker after completing a detailed cyber risk assessment and underwriting process.

 

How Can You Contact Cowbell Speciality Insurance Company?

If you are interested in learning more about Cowbell Speciality Insurance Company and its cyber insurance solutions, you can contact them through various channels.

Cowbell Insurance Company offers convenient access for support and inquiries, detailed below. For more information or to engage with their services, you can visit their website at Cowbell Insurance. Additionally, connect with them via various social media platforms such as Facebook, Twitter, LinkedIn, and YouTube to stay updated on their latest news and services.

Contact Method Information
Phone (402) 555-1234
Address 123 Main Street, Omaha, NE 68102
Customer Service Contact support@cowbell.insure
Email Address info@cowbell.insure
Operating Hours Monday to Friday, 9:00 AM to 5:00 PM (CT)
Fax (402) 555-4321

 

 

What are Cowbell Speciality Insurance Company’s Financial Details?

Cowbell Speciality Insurance Company is a financially stable and secure insurance company that has the capacity and resources to pay its claims and fulfill its obligations. It has received an A- (Excellent) rating from A.M. Best, a leading rating agency that evaluates the financial strength and performance of insurance companies. This rating reflects Cowbell’s strong balance sheet, solid operating performance, favorable business profile, and appropriate enterprise risk management.

 

Cowbell Speciality Insurance Company offers competitive and transparent pricing for its cyber insurance products. It uses a proprietary algorithm that analyzes various factors, such as the customer’s industry, size, revenue, location, security posture, risk appetite, and selected coverages, to determine the premium cost. It also offers flexible payment options, such as monthly, quarterly, or annual payments, to suit the customer’s budget and cash flow.

 

Cowbell Speciality Insurance Company also offers various discounts and promotional offers to attract and retain customers. For example, it offers a 10% discount for customers who use its preferred cybersecurity partners’ products and services. It also offers a 5% discount for customers who complete its online cyber risk assessment tool. It also offers referral bonuses for customers who refer other businesses to Cowbell.

 

Why Choose Cowbell Speciality Insurance Company?

Cowbell Speciality Insurance Company is a cyber insurance leader in Nebraska that offers many benefits and advantages for its customers. Some of these include:

Customized and Comprehensive Coverage:

Cowbell offers cyber insurance solutions that are tailored to the specific needs and preferences of each customer. It allows customers to choose from a wide range of cyber coverages that match their risk profile and exposure. It also covers a broad spectrum of cyber risks that are not covered by traditional insurance policies.

Fast and Accurate Risk Assessment:

Cowbell leverages artificial intelligence, data science, and cloud computing to deliver fast and accurate cyber risk assessments for its customers. It collects and analyzes data from various sources, such as public domain, dark web, third-party vendors, and customers’ own networks. It also provides recommendations for improving their cyber hygiene and reducing their cyber exposure.

Proactive Risk Management:

Cowbell offers proactive risk management services to help its customers prevent and mitigate cyber incidents. It provides access to best-in-class cybersecurity tools and services from its preferred cybersecurity partners. It also provides ongoing monitoring and alerts for any changes in the customer’s cyber exposure or security posture.

Responsive Claims Handling:

Cowbell offers responsive claims handling to help its customers recover from cyber incidents. It has a dedicated team of experts in cyber risk assessment, underwriting, claims management, and customer service. It also has a network of trusted vendors who can provide incident response services, such as forensic investigation

Resolve:

Cowbell will work with the customer to resolve the claim as quickly and fairly as possible. The resolution may involve paying the claim, denying the claim, or negotiating a settlement with the customer or a third party. The resolution may also involve providing incident response services, such as forensic investigation, legal advice, notification services, credit monitoring services, public relations services, and more. Cowbell will keep the customer informed of the status and outcome of the claim throughout the process.

 

How to File a Claim with Cowbell Speciality Insurance Company?

If you are a customer of Cowbell Speciality Insurance Company and you experience a cyber incident or claim. You should file a claim with Cowbell as soon as possible after discovering it. Here are the steps to file a claim with Cowbell:

  1. Visit Cowbell’s website at https://www.cowbell.insure/claims/ and click on the “File a Claim” button.
  2. Fill out the online claim form with your policy number, contact information, and details of the incident or claim. You can also upload any supporting documents or evidence that you have.
  3. Submit the claim form and wait for a confirmation email from Cowbell.
  4. Alternatively, you can call Cowbell’s toll-free number at (800) 555-6789 or email them at claims@cowbell.insure to report your claim.
  5. You will be assigned a dedicated claim adjuster who will contact you within 24 hours to confirm your claim and explain the next steps.

 

What are Cowbell Speciality Insurance Company’s Legal and Compliance Information?

Cowbell Speciality Insurance Company is a licensed and regulated insurance company that complies with all applicable laws and regulations in the states where it operates. It is also committed to maintaining high standards of ethics and integrity in its business practices.

Some of the legal and compliance information that you should know about Cowbell Speciality Insurance Company are:

 

Privacy Policy: Cowbell respects and protects the privacy of its customers, partners, vendors, and employees. It collects, uses, and discloses personal information only for legitimate business purposes and in accordance with its privacy policy. It also implements appropriate security measures to safeguard personal information from unauthorized access, use, or disclosure. You can read Cowbell’s privacy policy at https://www.cowbell.insure/privacy-policy/.

Terms of Service: Cowbell provides its products and services subject to its terms of service. These terms govern the relationship between Cowbell and its customers, partners, vendors, and employees. They also outline the rights and responsibilities of each party, as well as the limitations and exclusions of liability. You can read Cowbell’s terms of service at https://www.cowbell.insure/terms-of-service/.

Licenses: Cowbell is licensed as an insurance company in 50 states and the District of Columbia. It is also licensed as a surplus lines insurer in some states where it operates. You can find a list of Cowbell’s licenses at https://www.cowbell.insure/licenses/.

Complaints: Cowbell strives to provide excellent products and services to its customers, partners, vendors, and employees.

What are Cowbell Speciality Insurance Company’s Renewals and Cancellations?

Cowbell Speciality Insurance Company offers flexible and convenient options for renewing or canceling your cyber insurance policy. Here are some of the details that you should know about Cowbell’s renewals and cancellations:

Renewals: Cowbell will send you a renewal notice at least 30 days before your policy expires. The renewal notice will include your renewal premium, coverage limits, deductibles, coverages, endorsements, exclusions, and any other changes to your policy.

You can choose to accept or decline the renewal offer. Furthermore you can do this by contacting your agent or broker or by logging into your online account. If you do not respond to the renewal notice by the expiration date, your policy will automatically renew with the same terms and conditions as your current policy.

Cancellations: You can cancel your policy at any time by contacting your agent or broker or by logging into your online account. You will receive a refund of any unused premium that you have paid, minus any applicable fees or charges. However, if you cancel your policy before it expires, you may be subject to a short-rate penalty or cancellation fee. This penalty or fee is calculated based on the percentage of time that your policy was in force and the amount of premium that you paid.

What are Cowbell Speciality Insurance Company’s Employment and Career Opportunities ?

Cowbell Speciality Insurance Company is a growing and dynamic company that is always looking for talented and passionate people to join its team. Additionally, Cowbell offers a variety of employment and career opportunities. Moreover especially in areas such as cyber risk assessment, underwriting, claims management, customer service, sales, marketing, engineering, data science, and more.

Cowbell values diversity, inclusion, innovation, collaboration, and excellence in its culture and work environment. It also offers competitive compensation, benefits, perks, and recognition for its employees. Some of the benefits and perks that Cowbell offers are:

 

 

If you are interested in working for Cowbell Speciality Insurance Company. You can visit their website at https://www.cowbell.insure/careers/ to view their current job openings and internship opportunities. You can also submit your resume and cover letter online or by email at careers@cowbell.insure.

 

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