Insurtech Cowbell Introduces Professional Indemnity Offering for UK Tech Firms

Cowbell Launches Prime One Tech for UK Tech Companies

Cowbell, known for its cyber insurance solutions tailored to small and medium-sized enterprises (SMEs), has rolled out a new offering in the UK market called Prime One Tech. This product targets technology firms with annual revenues of up to £1 billion and provides coverage limits of up to £5 million.

What is Prime One Tech?

Prime One Tech combines Cowbell’s existing Prime One cyber insurance program with professional indemnity (PI) coverage specifically designed for tech companies. This integration aims to provide a more comprehensive insurance solution, recognizing the unique risks that technology firms face in today’s digital landscape.

Enhanced Underwriting with AI

A notable feature of Prime One Tech is the incorporation of Cowbell Co-Pilot, a Generative AI-powered tool designed to enhance underwriting workflows. By automating and streamlining processes, Cowbell Co-Pilot aims to expedite the underwriting experience, making it quicker and more efficient for tech companies looking to secure coverage.

Who Might Benefit?

This new offering should be particularly appealing to technology firms in the UK that require robust insurance solutions to protect against cyber threats and liability claims. With the growing emphasis on cybersecurity and regulatory compliance, having access to comprehensive coverage can be a crucial component for these businesses as they navigate a complex risk landscape.

Conclusion

Overall, Cowbell's Prime One Tech represents an effort to address the specific needs of UK tech companies while leveraging advanced technology to improve the insurance process. It will be interesting to see how well this offering is received in a rapidly evolving market.

Original Source: https://www.crowdfundinsider.com/2025/04/238844-insurtech-cowbell-introduces-professional-indemnity-offering-for-uk-tech-firms/