Cyber mid-market and SME specialist Cowbell has expanded its Cowbell Connectors offering to include more than 30 integrations with security and cloud service providers.
Cowbell Connectors complement outside-in data, dark web and threat intelligence, historical claims, regulatory compliance, and other risk indicators, forming part of the company’s layered cyber risk modeling framework.
The integrations aim to enhance cyber risk assessment and underwriting by using inside-out data from a range of IT environments.
This includes cloud platforms such as AWS, Azure, and Google Cloud Platform; vulnerability scanners like Tenable, Qualys, and Rapid7 InsightVM; endpoint protection tools including CrowdStrike, SentinelOne, and Sophos; identity and access management systems such as Okta, Microsoft Entra, and Arnica; and compliance tools including Qualys Policy Compliance and Security Studio.
Rajeev Gupta (pictured above), co-founder and chief product officer at Cowbell, noted that the threat environment has worsened in 2025, with AI enabling more sophisticated attacks and geopolitical risk increasingly affecting cyber landscapes.
The expansion comes amid increasing cyber incidents in the US, where more than 6.85 billion records were reportedly breached last year. The average cost of a data breach was $9.36 million.
Globally, cyber insurance premiums have doubled over the past five years, reaching $14 billion in 2023, with projections estimating an increase to $29 billion by 2027. Intense competition among carriers has led to higher coverage limits and enhanced risk management services, resulting in more affordable and accessible policies for businesses.
Meanwhile, some policyholders experienced modest, single-digit rate increases in 2024, particularly those demonstrating improved cyber risk management practices.
In the first half of 2024, large cyber claims (exceeding €1 million) increased by 14%, with severity rising by 17%. Data and privacy breaches were significant contributors to this trend. Ransomware remained a leading cause of cyber insurance losses, accounting for 58% of the value of large claims during the same period.
Incidents of funds transfer fraud (FTF) also increased by 15% year-over-year, with the average loss exceeding $278,000.
The Cowbell platform currently includes the full range of integrations, with additional development planned. The company said that it intends to double its integration count in 2025, adding about 30 more connectors in areas such as cloud security, email and endpoint protection, third-party risk management, and SIEM (security information and event management).
Cowbell also said it is open to expanding its integrations based on user demand.
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