The industry's first AI-powered cyber insurance provider for small and medium businesses (SMEs), Cowbell Cyber announced a partnership with Trend Micro to expand cyber insurance access. Trend Micro's MSP partners and clients would have exclusive access to an all-digital, expedited application procedure for Prime 100 cyber insurance plans due to the partnership.
Cowbell's ability to enable closed-loop risk management for policyholders will be enhanced as a result of the partnership, as the two companies will be able to provide their mutual customers with actionable, real-time insights to reduce risk exposures, proactively address vulnerabilities, and ultimately pass on savings from their cyber insurance policy premiums.
"The number of cyberattacks is at an all-time high, and companies are coming to terms with the fact that size doesn't matter to an attacker, Partnering with a cybersecurity leader like Trend Micro allows us to offer our joint customers the insights and actionable steps they need to improve their protection against cyberattacks, thus potentially improving their risk profile."
Stephen Years, Director of Technology Partners and Ecosystem
Cowbell will also continue to collaborate with Trend Micro to develop deeper technology connections, resulting in insurance premium credits for Trend Micro customers in the future.
"Managed Service Providers (MSPs) are the gateway to many small to medium enterprises and this partnership empowers them to better serve their customers by taking the complexity often associated with cyber insurance out of the equation" said Lamon Gorman, Director of MSPs at Trend Micro. "The all-digital approach that Cowbell offers is a game-changer."
Cowbell has announced a partnership with iBynd to extend cyber insurance distribution, continuing the company's ambition to deliver cyber insurance to everyone. Customers of Cowbell's linked brokers, technology partners, and Managed Security Services Providers will be able to rate, quote, and bind Cowbell's insurance solutions digitally in real-time, thanks to iBynd's embedded patented technology. Additionally, iBynd's distribution network iBynd will offer Cowbell's cyber insurance to SMEs.