Cowbell launches Prime One in the US
Cowbell has launched Cowbell Prime One in the US, a non-admitted cyber product targeting mid-market companies with revenues between $250 million and $1 billion.
The product offers up to $10 million in limits and introduces affirmative coverage for AI-related incidents and quantum computing risks. It is designed for organizations with complex digital operations, covering exposures across cloud systems, third-party vendors, financial transactions, and sensitive data environments. Core coverages include cybercrime, business interruption, system failure, data restoration, and third-party liability, alongside protections for biometric data exposure, wrongful collection, and cyber-enabled property loss.
Prime One also includes coverage for potential encryption vulnerabilities tied to quantum computing, as well as risks stemming from unauthorized access to AI systems. Coverage is written on a non-admitted basis by specialty insurance provider, Chaucer .
The product also includes access to Cowbell’s risk assessment and cybersecurity training services, with additional incentives tied to its managed detection and response offering.
“Cyber risk is no longer confined to traditional attack vectors. With Prime One, we are addressing the realities of modern risk, where AI-driven incidents, evolving fraud tactics, and the future impact of quantum computing require a fundamentally different approach to coverage. This product reflects our commitment to staying ahead of emerging threats and providing clarity when our policyholders need it most.” – Trent Cooksley, co-founder and COO at Cowbell.
“Prime One represents a significant step forward in how we serve the mid-market segment. We are bringing together sophisticated coverage, underwriting discipline, and distribution tailored to risks typically managed by national retailers. This allows us to meet the needs of larger organizations that require both flexibility and depth in their cyber insurance programs.” – Simon Hughes, CMO at Cowbell.
