Cyber insurer Cowbell has launched a new professional indemnity and cyber offering for technology companies.

Aimed at companies with up to £1bn in annual turnover, and providing limits of up to £5m, Prime One Tech features a GenAI-powered tool that streamlines underwriting workflows.

Coverage includes PI, cyber crime, loss of data or documents, breach of contract, intellectual property infringement, subcontractors, cyber first and third party, media liability, mitigation costs and unpaid invoices.

Claud Bilbao, RVP, underwriting and distribution at Cowbell UK, said: “The UK has a robust technology sector that faces an increasingly complex array of both cyber threats and operational challenges. These companies – whether software, hardware, communication or technology service businesses – need more than just general PI insurance. They need tailored, innovative solutions that keep pace with the industry’s rapid evolution. With Prime One Tech, we’re delivering exactly that: a comprehensive, adaptive solution covering risks like data breaches, software failures, cyber loss and liability, empowering technology companies to thrive with confidence.”

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