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Cyber attacks loom larger than ever, and generative artificial intelligence (AI) is a major reason why. At the same time, AI makes improved risk assessment and protection against cyber threats possible. For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies.
A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?
For Brokers: Surface benchmarking insights tied to specific customers or prospects. Get millions of datapoints from the Commercial Policy Benchmark API to supplement and inform your benchmarking of your offering against competitors in Cyber, D&O, and many others.
Over the past year, Cowbell has firmly established itself as the leader in the cyber insurance market by continuously developing innovative solutions that meet the evolving demands of the industry. Agentic AI**: Orchestrator agents are poised to transform end-to-end processes in commercial insurance.
Our ultimate goal is to help insurers grow more profitably and help brokers increase premium in fast-changing coverage areas while also enabling insurance buyers to have better renewals. Cyber Risk Insights Conference London April 2, 2025 This acclaimed conference is back for the 12 th year with a single-day, multi-track event in London.
The Independent Insurance Agents of Texas (IIAT) had their annual conference last week, bringing together agents, underwriters, thought leaders, and service providers to network and learn about the most pressing trends in the industry. There’s no longer an understanding gap as to why a business might need cyber coverage.
This change accelerates our three-dimensional profitable growth strategy and directly supports our broker-first approach. Simon joined Cowbell over a year ago with over fourteen years of property and casualty experience, with a focus on cyber, leading teams in both the U.S. and London markets.
Whether it’s travel, aviation, marine, cyber, or any other specialized field, the ability to accurately assess and rate risk is paramount. By providing prompt rating information, insurers can demonstrate their agility and ensure that agents and policyholders receive accurate and up-to-date coverage that reflects the current risk landscape.
“Choosing the Right Coverage” Investors should work closely with insurance agents or brokers to understand the available coverage options and customize policies to fit their specific needs. When working with insurance brokers, it is essential to establish clear communication channels and maintain an open dialogue.
The frequency and sophistication of cyber attacks keep increasing, thus companies of all sizes are striving to strengthen their cybersecurity posture and optimize their insurance coverage. Here at Cowbell, we remain committed to helping policyholders, agents, and brokers gain a comprehensive view of riskinside and out.
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