The product automates underwriting for Australian firms via Cowbell partnership.

Staff Reporter

, Australia

/Igor Omilaev from Unsplash

The merchandise automates underwriting for Australian firms via Cowbell partnership.

Zurich Financial Services Australia (Zurich) unveiled a cyber security merchandise for Australian businesses successful collaboration pinch Cowbell.

The caller cover, “PrimeOne,” uses artificial intelligence (AI) to underwrite, quote and hindrance applications successful little than 5 minutes. The merchandise is disposable done licensed security brokers for Australian businesses pinch up to $100m successful yearly turnover.

Customers are provided pinch ongoing AI-driven consequence ratings and tailored insights, which usage millions of information points to benchmark an organisation’s cyber posture and vulnerabilities, arsenic good arsenic Cowbell’s cyber resiliency services, including micro penetration testing, training and vendor consequence management.

“This motorboat builds upon an existing business betwixt Zurich and Cowbell successful nan United Kingdom and United States, which has seen thousands of businesses protected against cardinal cyber risks. We look guardant to extending nan occurrence and learnings from these markets to businesses successful Australia,” Alex Morgan, Head of General Insurance, Zurich, said successful a property release.
 

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