Zurich expands Cowbell collaboration
Cowbell announced an expansion of its product portfolio to include a multi-line insurance offering from Zurich North America within the US. The companies will work together to offer Zurich Select Plus through the E&S distribution channel for small to medium-sized private businesses. Zurich Select Plus is a co-branded modular suite of four coverages: Directors & Officers, Employment Practices Liability, Crime, and Fiduciary insurance.
With this launch, Cowbell now offers cyber, technology errors and omissions, and management liability coverage through both a fully integrated API and a “proprietary” agentic email automation platform.
The launch of Zurich Select Plus follows Cowbell’s announcement, nearly a year ago, that it had secured a $60 million Series C investment led by Zurich Insurance Group.
“In cyber insurance, we’ve earned a reputation for underwriting discipline, broad distribution, and a user-friendly experience. Cyber remains one of the most complex risks facing businesses today. By leveraging our first-of-its-kind, vertically integrated, AI-powered platform and proprietary risk modeling, we’ve simplified the process, enabling faster, more streamlined transactions for our broker partners. Now, we’ve aligned with Zurich to bring innovation to additional lines of coverage, further advancing our mission to provide comprehensive, tech-forward insurance to the global SME and middle-market segment.” – Jack Kudale, Founder and CEO of Cowbell.
“At the one-year mark of Zurich’s investment in Cowbell, we are pleased to offer our industry-leading Zurich Select Plus product for D&O, EPL, Fiduciary, and Crime coverages. Through Cowbell’s digital platform, the Zurich Cowbell collaboration and relationship can provide bindable quotes within seconds of receiving the required underwriting information. This growing alliance is just one of many ways Zurich is a transformative risk advisor and manager for businesses, including small and medium-sized enterprises.” – Kristof Terryn, CEO of Zurich North America.
