Cyber Insurance
Get More Than a Policy.
Every business that collects customer data is exposed to a cyber loss. The average data breach costs $204 per lost record — and the reputational damage can be even greater. Bancorp Insurance partners with Cowbell Cyber to deliver proactive, closed-loop cyber risk management.
Book a Free AppointmentWhy It Matters
No Business Is Too Small to Be a Target
Cybercriminals don’t only target large corporations. Small businesses are increasingly targeted because they often have weaker defenses. If your business collects any customer data, you are exposed.
 $204 Per Lost RecordThe average cost of a data breach is $204 per compromised record — more than half attributable to lost customers and the public relations costs to rebuild your business’s reputation. |  Ransomware Is RisingRansomware attacks, email scams, and social engineering fraud have surged. A single successful attack can lock you out of your systems, expose client data, and halt your business operations entirely. |  Employees Are the Weakest LinkMost breaches start with a phishing email or an employee clicking a malicious link. Cyber awareness training and proper coverage work together to reduce your risk and limit financial damage when incidents occur. |
Cowbell Prime™ What Cowbell Prime™ Cyber Coverage IncludesCowbell Prime™ is a standalone, admitted cyber insurance program designed for businesses with up to $250 million in revenue. It delivers financial protection across the full range of modern cyber incidents — from data breaches to ransomware to social engineering fraud.
| Closed-Loop Risk ManagementAssess — Cowbell Factors™ Cowbell Factors rate your organization’s cyber risk on a continuous basis using external data, firmographics, claims data, and dark web intelligence — so you always know where you stand. Improve — Cowbell Insights™ Based on your Factors, Cowbell Insights provide actionable guidance to remediate identified security weaknesses and improve your risk profile throughout the policy period. Insure — Policy Matched to Your Risk Cowbell’s proprietary Factors generate a cyber insurance policy that matches your specific vulnerabilities with the right coverages — not a one-size-fits-all policy. Respond — Incident Response Support Every Cowbell policy includes an incident response plan template. Cowbell’s risk engineering team is available to guide you through cybersecurity implementation at any time. | ||||||||||
What’s Included
Resources Bundled With Every Policy
Cowbell believes insurance should provide value from day one — not just when a claim occurs. Here’s what comes with your cyber policy.
 Risk Engineering TeamHave questions about implementing MFA, backups, or other cybersecurity measures? Cowbell’s risk engineering team guides you on how to improve your individual risk profile — included with every policy. An incident response plan template is also included. |  Cowbell Rx Partner NetworkCowbell Rx is the first-of-its-kind cybersecurity partner referral network. Access solutions ranging from backup services and penetration testing to full managed cybersecurity — helping you fill gaps in your security posture at discounted rates. | Employee Cyber Awareness TrainingTrained employees are your first line of defense. Through Cowbell’s partnership with Wizer, you can deploy cybersecurity awareness training for your entire company — plus up to 20 free seats of Wizer’s training program. |
Complete Your Business Coverage
Cyber Is One Piece of a Complete Business Program
Cyber coverage protects your data and systems. Make sure the rest of your business is covered too.
 General LiabilityCovers bodily injury and property damage claims arising from your business operations. The foundation of any commercial insurance program. Learn More → | Employment Practices LiabilityProtects businesses against employee claims of discrimination, harassment, and wrongful termination — often overlooked until it’s too late. Learn More → | All Business ProgramsSpecialty programs for contractors, wildland firefighters, water districts, RV parks, restoration contractors, and more. See Bancorp’s full commercial lineup. View All Programs → |
Frequently Asked Questions
Cyber Insurance Questions Answered
Common questions from Oregon business owners about cyber liability coverage.
Does my general liability policy cover a cyber attack? +
No. Standard general liability policies do not cover cyber incidents, data breaches, or ransomware attacks. Cyber coverage must be purchased as a standalone policy. Many business owners assume they are covered under their GL or BOP and discover the gap only after an incident occurs.
What businesses need cyber insurance? +
Any business that collects, stores, or transmits customer data is exposed to a cyber loss — regardless of size or industry. This includes retailers, contractors, medical offices, law firms, restaurants, and more. If you store names, addresses, payment information, or health data, you need cyber coverage.
What is ransomware and how does cyber insurance cover it? +
Ransomware is malicious software that encrypts your files and demands payment to restore access. Cyber insurance through Cowbell Prime™ covers ransomware attack response, ransom negotiation, data recovery costs, and business interruption losses while your systems are down.
What are Cowbell Factors™? +
Cowbell Factors™ are Cowbell Cyber’s proprietary risk rating system. They assess your organization’s unique cyber risk posture on a continuous basis using external data, firmographics, claims history, and dark web intelligence. Factors help generate a policy that matches your specific vulnerabilities with the right coverages — rather than applying a generic policy to your business.
How much does cyber insurance cost for a small business? +
Cyber insurance premiums vary based on revenue, industry, the type of data you store, your current security measures, and the coverage limits you select. Many small businesses are surprised to find that cyber coverage is more affordable than expected. Book a free appointment with a Bancorp agent to get a quote tailored to your business.
What is social engineering fraud and is it covered? +
Social engineering fraud involves criminals manipulating employees into transferring funds or sharing sensitive information. Common examples include fake invoice scams, CEO impersonation emails, and business email compromise (BEC). Cowbell Prime™ includes coverage for social engineering and fund transfer fraud.
What Our Clients Say
Real Reviews from Real Clients
Don’t just take our word for it. See what Oregon business owners say about working with Bancorp Insurance.
