
Zurich Insurance Group
Mythenquai 2, Zürich, ZH, 8002, Switzerland
Overview
The Zurich Insurance Group is a multi-line insurance provider that delivers a wide range of general insurance and life insurance products and services for individuals, small businesses, and mid-sized and large companies, including multinational corporations. It has a global network of subsidiaries and offices in more than 170 countries.
- Total investments
- 3
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Financial Services
- Insurance
- Productivity Tools
Investment portfolio
- Ominimo
Led · Series A · Apr 2025
Founded in 2024 by Dusan Komar, Dennis Weinbender and Laslo Horvath, Ominimo builds and distributes motor insurance products combining insurance expertise, data science and software development. The company uses highly segmented, data-driven pricing and proprietary insurance technology to improve pricing accuracy, automate operations and simplify the customer experience. It works with established insurance, distribution and claims partners while progressing toward obtaining its own insurance licence. Ominimo reported rapid growth in annualised gross written premium run-rate: approximately €26.3 million in 2024, €157.8 million in 2025, and currently about €306.8 million. The company is profitable, employs about 130 people—around two-thirds in data science or software development—and plans to grow headcount to roughly 150 by year-end. It launched in Hungary in 2024 and expanded into Poland, the Netherlands and Sweden, and is preparing to enter Belgium, Romania, Spain, Italy, France and the United States, targeting U.S. operations in 2027.
- Cowbell
Led · Series C · Jul 2024
Cowbell provides Adaptive Cyber Insurance tailored to small and medium-sized enterprises, using continuous underwriting to adapt coverage to evolving threats. Its platform uses an AI-based approach in risk selection and pricing, powered by "Cowbell Factors," to compress the insurance process from submission to issue in less than five minutes. Led by CEO and Founder Jack Kudale, the company emphasizes advanced warning of cyber risk exposures for SMEs. Cowbell plans to use new funding to scale operations, extend its presence in key international markets, bolster cyber resilience services, introduce new products, and strengthen strategic partnerships. The company has offices in Canada, India, and the U.K. and has raised $202M to date. Cowbell offers adaptive cyber insurance for small and medium-sized enterprises, providing coverage adaptable to today’s and tomorrow’s threats and advanced warning of cyber risk exposures. Its AI-based approach to risk selection and pricing powers a continuous underwriting platform, Cowbell Factors, which compresses the insurance process from submission to issue in a few 5 minutes. The company is backed by over 20 global (re)insurance partners and serves SMEs in 50 U.S. states, the District of Columbia, and the United Kingdom. Founded in 2019 and based in the San Francisco Bay Area with headquarters in Pleasanton, CA, Cowbell has employees across the U.S., Canada, India, and the U.K. The company raised $25M in equity from Prosperity7 Ventures and intends to use the funds to expand across the U.S. and U.K. Led by founder and CEO Jack Kudale, Cowbell focuses on compressing underwriting timelines and scaling its coverage for SMEs. Cowbell Cyber is a full-stack, Pleasanton-based insurance company that provides AI-based cyber insurance and bundled cybersecurity services to SMEs across the U.S. Its core product ingests massive datasets—monitoring about 71% of U.S. companies (roughly 23 million businesses) across some 1,000 data points—feeding an algorithmic evaluation platform called Cowbell Factors to assess continuous, individualized risk profiles. Those assessments determine premiums and provide customers with guidance to improve security posture; Cowbell also collaborates with about 45 cybersecurity vendors and sells through a channel network of roughly 14,000 brokers. The company operates its own reinsurance arm, Cowbell Re, and bundles security services at no cost as part of its product. Cowbell says it will not pursue consumer or large-enterprise markets and does not intend to license or white‑label its technology. Financially, the company did not disclose valuation, customer count, or revenues but reports a premium run rate that grew 40x this year to $200 million and projects policyholders to expand three-fold to 35,000–40,000 in the next 12 months. Cowbell Cyber offers individualized cyber insurance for businesses with up to $1 billion in revenue using an AI-based continuous underwriting platform called Cowbell Factors. Its platform compresses the insurance process from submission to issue to less than five minutes. The company operates Cowbell Insurance Agency, which is licensed in all 50 U.S. states and the District of Columbia, and has a distribution network of more than 4,500 agents and brokers. Led by Founder and CEO Jack Kudale, Cowbell is focused on expanding product capabilities and risk-engineering services. The company plans to use new capital to accelerate product development, grow risk engineering, and increase sales, marketing, and national footprint. Cowbell Cyber is a Pleasanton, Calif.-based startup that builds AI-powered cyber insurance and continuous risk-assessment tools for small to mid-sized enterprises. Its core product is a continuous risk assessment, underwriting and cyber liability insurance platform that uses an inside-out approach and automated, real-time insights to identify and mitigate insurable cyber risks. The company’s flagship continuous risk-ratings factor, Cowbell Factor™, enables customized protection and recommendations to match evolving customer needs. Cowbell plans to launch its Cowbell Prime™ policy initially in California for businesses up to $250M via a retail broker distribution channel in Q1 2020. It secured $3.3M in seed funding to accelerate go-to-market and product development. The executive team is led by founder and CEO Jack Kudale, with co-founders Rajeev Gupta (CPO), Trent Cooksley (COO) and Prab Reddy (VP Engineering).
- Digital Insurance Group
Led · Equity · Jun 2018
Digital Insurance Group (DIG) is an Amsterdam-based insurtech created in 2017 through the merger of Knip and Komparu. Led by CEO and co-founder Ingo Weber, DIG provides a data-driven insurance platform that enables insurers, banks and other companies to offer fully integrated insurance solutions to their customers. DIG is active in multiple countries across Europe and Latin America. The company has signed a multi-year partnership with Zurich Insurance under which DIG will use its technology stack to support Zurich in developing mobile solutions optimized using deep customer data analytics. DIG raised $15m in funding in a round co-led by Zurich Insurance and Finch Capital. The company intends to use the funds to serve its banking, insurance and broker clients in Europe and, since 2018, also outside Europe.