ENGLEWOOD CLIFFS, N.J., Jan. 19, 2022 /PRNewswire/ — iBynd and Cowbell® Cyber, Inc. (Cowbell) have teamed as much as develop the distribution of cyber insurance coverage protection to small and medium sized companies (SMBs). iBynd’s embedded proprietary know-how makes it easy and quick for patrons of Cowbell’s affiliated brokers, know-how companions, and Managed Safety Companies Suppliers to straight fee, quote, and bind Cowbell’s insurance coverage choices digitally in real-time. Moreover, iBynd will start to ship Cowbell’s “A” rated cyber insurance coverage to SMBs by means of iBynd’s personal distribution community, rising the corporate’s current cyber insurance coverage choices.
iBynd’s resolution is embedded in companion web sites utilizing the companion’s branding, together with emblem, colours and font.
“Cyber assaults trigger important monetary injury to small and medium sized companies,” mentioned Phil Friedman, CEO of iBynd and up to date nominee to the 2022 Insurance coverage Innovators Prime 100. “To efficiently recuperate from cyber legal intrusions, SMBs want the safety that standalone cyber insurance coverage affords. We’re thrilled to deploy our know-how to develop Cowbell’s distribution. Plus, the addition of Cowbell to our ‘A’ rated insurance coverage service lineup enhances our capability to serve SMB markets by offering increased cyber insurance coverage limits and extra tailor-made choices.”
iBynd’s platform permits prospects to fee, quote and bind a coverage in below 5 minutes, whereas different options can take days or perhaps weeks. iBynd’s resolution is embedded in companion web sites utilizing the companion’s branding, together with emblem, colours, and font. The mixing requires solely a line or two of code to completely embed the answer, giving small enterprise prospects the power to purchase a cyber insurance coverage coverage with out leaving the companion’s web site.
“Cowbell and iBynd are well-aligned on quick, correct pricing and cyber insurance coverage safety for SMBs,” mentioned Erin Dyer, Director of Various Distribution at Cowbell. “Automated underwriting, consumer pleasant interfaces, and real-time APIs are a part of each firm cultures. By leveraging our mixed strengths, we make it simpler and quicker than ever for SMBs to guard themselves from ever-increasing and financially devastating assaults of cyber criminals.”
iBynd expands product choices to its personal prospects by including Cowbell’s increased limits standalone cyber insurance coverage protection. Customary insurance policies like basic legal responsibility and know-how errors and omissions typically exclude cyber breaches or present insufficient protection. With increased limits, cyber-focused protection, and claims groups specializing in cyber losses, standalone cyber insurance coverage insurance policies provided by means of iBynd present the safety SMBs want to reply and recuperate from a cyber breach.
Based in 2019, iBynd is a digital insurance coverage firm. With a powerful technical spine, advertising and marketing expertise and proprietary distribution options, the corporate offers cyber legal responsibility insurance coverage merchandise to small business companies, in addition to private cyber insurance coverage insurance policies. iBynd makes it straightforward and quick to fee, quote and bind on-line in real-time, delivering “A” rated insurance coverage and peace of thoughts to purchasers and prospects. The corporate was created by passionate insurance coverage professionals, engineers, and advertising and marketing executives with one aim in thoughts: to mix insurance coverage and know-how with a purpose to ship a dynamic product that really protects its prospects within the occasion of an information breach or cyber assault. To study extra, go to: www.ibynd.com.
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