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Cowbell Cyber Inc. said Wednesday it has entered a strategic partnership with La Jolla, California-based Palomar Excess & Surplus Insurance Co.
Jack Kudale, founder and CEO of the Pleasanton, California-based cyber insurer, said in a statement the partnership diversifies Cowbell’s programs in nonadmitted markets and further expands its capacity.
Cowbell Cyber said last month it had launched Cowbell Rx, an online marketplace for services related to cyber insurance.
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.