Cowbell Cyber Brings Essential Cyber Insurance Coverages to Manufacturing and Construction
Cybercriminals cast a wide attack net to infiltrate every class of business and have recently ramped up their targets on businesses like construction and manufacturing – growing industries increasingly becoming more technology dependent. These vital industries have unique needs that encompass the physical and virtual world and according to the
"Every business is at risk of a cyber incident but the exposures and subsequent damages can vary drastically in type and scope by sector. Businesses in every industry are rapidly building awareness about the unique cyber threats they face," said
Unique endorsements available with Cowbell Prime 250 include:
- Contractual Damages Endorsement for the manufacturing industry: Provides financial protection when the manufacturer faces a cyber event that triggers third party liability caused by the inability to fulfill a contractual requirement, the compromise of customer information or contractual damages that an unfulfilled contract might trigger for the customer.
- Missed Bid Endorsement for the construction industry: Provides construction with additional financial coverage for missed income when a cyber incident triggers a business interruption that prevents the construction company from bidding for or responding to an RFP.
Cowbell Breach Fund with additional separate limit endorsement: Provides separate limit for the coverage of expenses common to many cyber events such as forensic services or notification to individuals and entities impacted by the incident. The limit for this fund can be extended through a Separate Limit Endorsement for classes of business carrying a large population of customers.
Using Cowbell, agents and brokers can now rapidly and with ease deliver cyber insurance offerings that are highly relevant to their clients. Starting with three preset industry-specific packages - Basic, Popular, Elite - they can, in a few clicks, customize policies or add endorsements unique to specific industries.
Agencies interested in distributing Cowbell Prime programs can contact Cowbell at agencies@cowbellcyber.ai or sign-up at https://cowbell.insure/for-agencies/.
About Cowbell Cyber
Cowbell Cyber is dedicated to providing standalone, admitted, individualized and easy-to-understand cyber insurance for small and mid-size businesses. 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 in less than 5 minutes.
Media Contact
Cowbell@LuminaPR.com
408-963-6418
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SOURCE Cowbell Cyber
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