Cloudflare Augments Cyber Insurance Risk Modeling with Cloudflare Security Insights

Through the integration resulting from partnership with Cloudfare, Cowbell policyholders can opt into real-time risk insights.

(Image source: Cloudfare homepage.)

Cowbell (London), a provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced a new integration with Cloudflare (San Francisco), which describes itself as a security, performance, and reliability company helping to build a better Internet. With this integration, Cowbell has added security insights from Cloudflare to its risk rating model for cyber insurance. Cowbell is the first cyber insurance provider to incorporate Cloudflare security data into its cyber risk modeling, bringing unprecedented benefits to policyholders using Cloudflare, according to a joint statement from the companies.

Rajeev Gupta, Co-Founder and CPO, Cowbell.

Cloudflare reports that millions of websites use its technology to provide security against Distributed Denial-of-Service (DDoS) attacks, malicious bots, and other nefarious intrusions. With this integration, Cowbell policyholders can optimize their insurance premium and coverage and become eligible for a premium credit, the companies say. Cowbell policyholders who utilize Cloudflare can now gain access to real-time risk insights as a complimentary value-add to their cyber insurance policy, and deepen their visibility into how they compare to their industry peers, according to the statement on the partnership.

“Cloudflare provides security to millions of websites, and we are proud to provide a cyber insurance experience that rewards Cloudflare customers for being vigilant about protecting their web-facing properties from DDoS attacks and bot attacks,” comments Rajeev Gupta, co-founder and CPO, Cowbell. “This is Cowbell’s latest advancement in our mission to provide a smarter, more innovative, and more effective cyber insurance experience.”

Serving SME Customers

Deeksha Lamba, Director of Strategic Partnerships, Cloudflare.

“We are thrilled to launch this integration with Cowbell, helping to close the insurability gap for our customers,” comments Deeksha Lamba, Director of Strategic Partnerships, Cloudflare. “Flexible cyber insurance is critical in today’s evolving threat landscape, and integrating with Cowbell will help us serve our SME customers in new and better ways.”

Policyholders and cyber insurance applicants can activate the Cowbell connector to Cloudflare from the Cowbell platform, the joint statement notes. Security configuration data is accessed on a read-only basis following all security requirements from publicly available APIs.

Cowbell’s integration with Cloudflare follows the successful addition of Cowbell’s connectors for Google Workspace and Google Cloud, adding to the portfolio of connectors available to policyholders. Cowbell characterizes the integration as demonstrating its continued commitment to helping policyholders mitigate risk throughout the policy lifecycle, and providing coverage uniquely aligned to each customer’s technology deployments.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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