Cowbell expands partnership with Palomar

Cowbell Cyber Inc. said Thursday it has expanded its partnership with La Jolla, California-based Palomar Excess & Surplus Insurance Co., increasing its total available capacity to $200 million.

The agreement with Palomar expands reinsurance capacity for Cowbell’s cyber program for businesses with up to $250 million in revenue, known as Cowbell Prime 250.

Nine reinsurers, including Cowbell Re, now provide capacity to the Pleasanton, California-based cyber insurer.