Cowbell and Palomar Renew Treaty Agreement
Cowbell Cyber Blog
by Cowbell
22h ago
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced the successful completion of its reinsurance renewal with Palomar Holdings, Inc. (NASDAQ: PLMR) effective July 1st. This is the fourth renewal agreement between the two companies. Writing on both PLMR insurance entities (Palomar Specialty Insurance Company and Palomar Excess and Surplus Insurance Company) the new treaty renewed July 1st and covers a large portion of Cowbell’s US cyber portfolio and is a testament to the company’s underwriting discipline and diversified book of business ..read more
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Cowbell Goes to Congress
Cowbell Cyber Blog
by Cowbell
1w ago
The last week in June, Jack Kudale, Co-Founder and CEO of Cowbell and Matthieu Chan Tsin, Vice President of Cybersecurity Services spent two days in Washington DC with members of Congress to discuss the persistent and evolving threat of cyberattacks across various sectors in the U.S. On June 26th, Cowbell hosted an event, Strengthening America’s Roots: Cultivating Resilience from Agriculture Cybersecurity Challenges, with the goal of raising awareness about growing cyber risks to the food and agriculture sectors. Congressman Swalwell, who is a ranking member of the Cybersecurity and Infrastruc ..read more
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Heard on the Ground: IIAT
Cowbell Cyber Blog
by Cowbell
2w ago
As part of our “Heard on the Ground” series, our executives share insights into what they heard on the ground at key industry events. It’s not always possible to attend every conference and we want to make sure our partners and customers feel connected to the broader ecosystem and know what trends we’re watching. The Independent Insurance Agents of Texas (IIAT) had their annual conference last week, bringing together agents, underwriters, thought leaders, and service providers to network and learn about the most pressing trends in the industry. Everett Finn (Territory Sales Manager) and Jacob ..read more
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Cowbell Bolsters Global Distribution, Promoting Simon Hughes to SVP to Lead the Charge
Cowbell Cyber Blog
by Cowbell
1M ago
Simon Hughes has been appointed Senior Vice President of Global Distribution effective immediately. Simon has played a pivotal role in expanding our reach and building the robust foundation of our operational capabilities in the UK, aligned with a global vision. In his role, he has fostered a culture of excellence and accountability. This change accelerates our three-dimensional profitable growth strategy and directly supports our broker-first approach.  Simon joined Cowbell over a year ago with over fourteen years of property and casualty experience, with a focus on cyber, leading teams ..read more
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Heard on the Ground: RSA
Cowbell Cyber Blog
by Cowbell
2M ago
As part of our “Heard on the Ground” series, our executives share insights into what they heard on the ground at key industry events. It’s not always possible to attend every conference and we want to make sure our partners and customers feel connected to the broader ecosystem and know what trends we’re watching. The annual RSA Conference is one of the world’s largest cybersecurity gatherings, bringing together thousands of industry professionals, experts, and vendors. It serves as a pivotal platform for discussing emerging threats and exchanging information to help combat occurrences. The con ..read more
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Heard on the Ground: Insurance Innovators, USA
Cowbell Cyber Blog
by Cowbell
2M ago
As part of our “Heard on the Ground” series, our executives share insights into what they heard on the ground at key industry events. It’s not always possible to attend every conference and we want to make sure our partners and customers feel connected.  The Insurance Innovators U.S. Summit is always one of the best-attended conferences of the year. Bringing together a diverse array of industry professionals, from reinsurers and traditional carriers to new products, AI vendors, and insurance super connectors, the summit features enlightening panels offering insight into the evolving lands ..read more
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Aggregated Intelligence and Data Imputation Models in Risk Assessment
Cowbell Cyber Blog
by Rajeev Gupta
3M ago
Introduction Data is the lifeblood of risk assessment and analytics. Every data scientist dreams of having access to clean, reliable, unbiased, and labeled data in large volumes. Data is ubiquitous, yet elusive – it is scattered across various sources, often fragmented and incomplete. It’s no surprise that over 90% of the time spent on any AI project is dedicated to data preparation.  To do a thorough risk assessment, we must analyze risk signals embedded in various data sources, including both micro and macro data. In this blog, I explore the significance of both micro and macro data in ..read more
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Rising Stars: Cowbell makes two leadership promotions amid the company’s continued path to near-term profitability
Cowbell Cyber Blog
by Jack Kudale
3M ago
With 2024 well underway, I’m excited to share two executive promotions: Sahar Sabouni, Head of Employee Success, is now Cowbell’s Chief People Officer, and Dan Palardy, Lead Actuary, has been promoted to Chief Actuary. Cowbell is proud to have Sahar and Dan continue their leadership journey and grateful for their continued contributions to the company’s success. These promotions recognize their outstanding work and dedication to the organization. Sahar joined Cowbell in May 2021 and built the company’s People Operations, Talent Acquisition and Learning & Development infrastructure from the ..read more
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Backup Strategies: To 3-2-1 and Beyond
Cowbell Cyber Blog
by Cowbell
3M ago
Today, backup strategies are more important than ever. With ransomware and other cyberattacks increasing it is imperative to have a robust strategy in place. One of the most foundational ones has been the 3-2-1 backup rule. It has provided a great starting place for an organization to implement a backup strategy of its own.  So what is the 3-2-1 backup rule then? It recommends having three copies of your data (the original and at least two copies), stored on two different types of media (eg. disk, tape, etc), with one copy kept off-site. This rule provides a good guideline for data protec ..read more
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The Importance of Notifying Your Cyber Insurer First
Cowbell Cyber Blog
by Cowbell
4M ago
Cyber threats evolve at an unprecedented pace, with bad actors employing more sophisticated methods to exploit, and monetize, the vulnerabilities of victim organizations. From ransomware attacks to phishing scams, small and medium-sized enterprises (“SMEs”) are desirable targets because they typically lack the robust cybersecurity defenses that large corporations have. Worse, the assumption that “it won’t happen to us” leads many business owners to overlook necessary investments in cybersecurity and cyber insurance, which can lead to significant risk and exposure. Cowbell recently conducted a ..read more
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