Cowbell Launches AI System to Speed Specialty Insurance Underwriting

"Specialty lines are increasingly defined by bifurcation," Jack Kudale, founder and CEO of Cowbell, said in a statement. "The market remains highly risk-segmented, requiring more granular underwriting as pricing pressure intensifies and loss costs, litigation, and volatility remain elevated."

Cowbell reported that OMNI has contributed to 53% growth in new business since its introduction.

Beyond underwriting, the system is being applied to claims management, cybersecurity services, customer engagement, and product creation. Cowbell said OMNI has shortened product deployment timelines from roughly eight months to as little as six weeks, citing the launch of Prime One for the U.S. middle market as an example.

"Insurance doesn't need another chatbot," said Rajeev Gupta, co-founder and chief product officer at Cowbell. "OMNI goes further by orchestrating decisions across the entire specialty insurance lifecycle."

OMNI is being introduced across Cowbell's operations in North America, Europe, and Asia-Pacific in stages. The company said Bellwether, its AI performance measurement tool, tracks adoption, operational performance, and business outcomes to support responsible use of artificial intelligence.