Designed for firms with up to £1 billion in annual turnover, the product offers coverage limits of up to £5 million. This marks Cowbell’s first expansion beyond standalone cyber insurance in the UK, reflecting the company’s commitment to supporting the evolving risk landscape of the technology sector.

Prime One Tech combines Cowbell’s flagship Prime One cyber insurance program with specialized PI coverage tailored for tech companies, including those in software, hardware, communications, and technology services. The offering is further enhanced by Cowbell Co-Pilot, a generative AI-powered underwriting tool that streamlines workflows and reduces contract review time by up to 40%.

Coverage highlights include protection against professional indemnity claims, cyber crime, data or document loss, breach of contract, intellectual property infringement, subcontractor liability, first- and third-party cyber incidents, media liability, mitigation costs, and unpaid invoices. This comprehensive coverage aims to address the full spectrum of risks technology businesses face in an increasingly complex threat environment.

“The UK has a robust technology sector that faces an increasingly complex array of both cyber threats and operational challenges,” said Claud Bilbao, Regional Vice President, Underwriting & Distribution at Cowbell UK. “These companies need more than just general PI insurance. They require tailored, innovative solutions that evolve with the industry. Prime One Tech offers exactly that — a comprehensive, adaptive solution that empowers UK tech firms to thrive with confidence.”

With Prime One Tech, Cowbell continues to build on its mission of delivering data-driven, AI-powered insurance products that meet the rapidly changing needs of modern businesses.