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Reprints
Cowbell Cyber Inc. said Wednesday it has formed Cowbell Re, a cyber insurance captive.
The Pleasanton, California-based cyber insurer, which focuses on small to medium enterprises, said in a statement the Vermont-domiciled captive will give the company more flexibility in addressing demand.
Cowbell Cyber Inc. said in October it had entered a strategic partnership with La Jolla, California-based Palomar Excess & Surplus Insurance Co.
Cowbell Cyber Inc., a program manager that uses artificial intelligence to offer cyber coverage for small-to-medium-sized companies, closed a $20 million funding round on Thursday.