Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), and Skyward Specialty Insurance Group Inc., a leader in the specialty property and casualty market, announced a partnership agreement that expands Cowbell’s coverage and capacity of its Prime 250 Cyber Liability and Prime Tech, an insurance program that safeguards businesses generating revenue of up to $500 million against cyber and technology errors and omissions (E&O) risks.
The alliance leverages Skyward Specialty’s expertise in bringing inventive insurance offerings to underserved markets that address growing risks unique to those businesses. Additionally, the partnership provides Cowbell access to Skyward Specialty’s key industry partners to strengthen its capacity to deliver comprehensive coverage to meet evolving market needs.
The partnership will help expand Cowbell’s omnichannel distribution network, which comprises more than 23,000 appointed agents and 3,500 agencies across all retail, wholesale and embedded channels. The collaboration expands Cowbell’s reach to a broader range of businesses and provides technology companies with E&O coverage. Consequently, Cowbell’s portfolio now will serve a significant portion of underserved small and medium-sized enterprises seeking financial security against cyberattacks.
Cowbell’s appointed broker partners will have access to primary and excess cyber coverage for accounts up to $500 million in revenue. Agency partners seeking excess cyber and tech E&O coverage for their clients can contact their territory sales manager or reach Cowbell at firstname.lastname@example.org. For more information or to get appointed, visit Cowbell.insure.