Zurich expands Cowbell collaboration with new wholesale products

By Michael Loney

June 26 - (The Insurer) - Cyber insurtech Cowbell has expanded its product portfolio to include a comprehensive multiline excess and surplus lines insurance offering from Zurich North America within the U.S.

Cowbell already has a partnership with Zurich for cyber and technology errors and omissions, and the Swiss insurer closed a $60 million Series C investment in the insurtech in July last year.

Under the expanded collaboration, Cowbell will offer Zurich Select Plus through the E&S distribution channel for small to medium-sized private businesses.

Zurich Select Plus is a co-branded modular suite of four coverages: directors' and officers' liability, employment practices liability, crime and fiduciary insurance.

With this launch, Cowbell now offers cyber, technology E&O and management liability coverage through both a fully integrated API and a proprietary agentic email automation platform.

Cowbell said the move mirrors its recent diversification in the UK, where it introduced professional indemnity insurance tailored for technology providers.

“Now, we've aligned with Zurich to bring innovation to additional lines of coverage, further advancing our mission to provide comprehensive, tech-forward insurance to the global SME and middle-market segment,” said Jack Kudale, founder and CEO of Cowbell.

The launch of Zurich Select Plus follows Cowbell's announcement, nearly a year ago, that it had secured a $60 million Series C investment led by Zurich Insurance Group.

Kristof Terryn, CEO of Zurich North America, said: "At the one-year mark of Zurich's investment in Cowbell, we are pleased to offer our industry-leading Zurich Select Plus product for D&O, EPL, fiduciary and crime coverages.

“Through Cowbell's digital platform, the Zurich Cowbell collaboration and relationship can provide bindable quotes within seconds of receiving the required underwriting information.”