Cyber Company, Cowbell, and Swiss Renew Partnership to Offer First-Ever Cyber Insurance Program Intended for Cloud Workloads
Cowbell Cyber, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced a new partnership with Swiss Re to bring expertly designed cyber insurance coverages to enterprises with up to $750 million in revenue who are building their digital footprint on Amazon Web Services (AWS).
Cloud adoption continues on its rapid adoption trajectory, fueled by the new reality of remote and hybrid work. As enterprises digitize their operations, embracing a cloud-first approach has become the new norm for any business that desires a competitive advantage at speed. With worldwide spending on public cloud services forecasted to grow more than 20% and reach $494.7 billion, Cowbell and Swiss Re have combined their respective cyber risk expertise – insurance provision by Cowbell and risk monitoring technology developed by Swiss Re – to bring tailored coverages to organizations running in cloud environments.
“The world is digitizing fast and cyber insurance needs to keep up. The partnership between Cowbell and Swiss Re is focused on bringing peace of mind to enterprises who are actively establishing their footprint in the cloud,” said Jack Kudale, founder and CEO at Cowbell. “Our partnership brings together a wealth of cyber risk expertise and enables us to make sure policyholders are well protected with accurate insurance coverages that are specifically tailored to cloud environments.”
