Cowbell Cyber brings AI-powered, standalone, and admitted cyber insurance to MarshBerry’s members.
Woodmere, OH, May 19, 2021 – The MarshBerry Connect Platform is pleased to announce that Cowbell Cyber, the industry’s first AI-powered cyber insurance provider for small to medium enterprises (SMEs), has been added as a premier partner to MarshBerry’s Connect Network and Platform membership.
MarshBerry’s Connect Platform is a new category of independent distribution that helps insurance firms leverage scope, scale and resources to maximize growth through business intelligence, resource optimization and premier partner alignment.
“Cowbell Cyber allows our member firms to easily evaluate their cyber risk and then helps them select coverage features to match insurable security threats,” said David Soforenko, MarshBerry Executive Vice President Connect Platform. “We’re thrilled to offer Cowbell’s AI-powered cyber insurance, furthering our commitment to bring leading technology to our membership.”
Cowbell’s AI-powered, standalone and tailored programs protect businesses from cyber threats that cripple an infiltrated business. Cowbell Cyber’s closed-loop approach to cyber risk bundles cybersecurity awareness training, continuous risk assessment, and pre- and post-breach risk improvement services. Its cyber policies empower policyholders to be proactive about managing cyber risks.
“MarshBerry is a formidable building block in Cowbell Cyber’s mission to make cyber insurance accessible to all businesses regardless of industry and size,” said Brandon Murphy, VP of Sales at Cowbell Cyber. “By combining our programs with MarshBerry’s forward-looking approach to insurance, we can jointly serve clients with effective and relevant cyber coverage.”
Cited by Insurance Journal as the third largest aggregator in the U.S., the Connect Platform launched April 2019 as an exclusive offering to insurance agency and brokerage members of MarshBerry’s executive peer exchange – Connect Network.
For more information regarding MarshBerry Connect Platform, please email David Soforenko at David.Soforenko@MarshBerry.com or call 440.220.4101.
MarshBerry – Helping Clients Learn, Improve & Realize Value
Founded in 1981, MarshBerry serves the insurance brokerage industry, including insurance agents & brokers, specialty distributors, private equity firms, banks & credit unions and insurance carriers. MarshBerry’s industry-specific services help clients build, enhance and sustain value through: Market Intelligence & Benchmarking, Organic Growth Consulting, Connect – Executive Peer Exchange Network, Connect Platform – Enterprise Value Accelerator, Merger & Acquisition Advisory*, Debt & Equity Capital Raising, and Financial Consulting. Learn more at www.MarshBerry.com.
About Cowbell Cyber
Cowbell Cyber is dedicated to providing standalone, admitted individualized, and easy-to-understand cyber insurance for businesses with up to $1 billion in revenue. In its unique AI-based approach to risk selection and pricing, Cowbell’s continuous underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue to less than five minutes. Cowbell Insurance Agency is currently licensed in 50 U.S. states and the District of Columbia and provides SMEs with admitted cyber insurance on AM Best “A” rated paper with up to $15 Million in coverage. For more information, please
*Investment banking services offered through MarshBerry Capital, Inc., Member FINRA and SIPC, and an affiliate of Marsh, Berry & Co., Inc.