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Founded Year

2017

Stage

Acquired | Acquired

Total Raised

$161M

Valuation

$0000 

About Corvus Insurance

Corvus Insurance is a company that specializes in the insurance industry, with a particular focus on cyber insurance solutions. The company offers insurance products that help manage cyber risks, including data-driven risk prevention tools and consultations with their Risk Advisory team. Their primary market is businesses seeking to mitigate their cyber risk exposure. It was founded in 2017 and is based in Boston, Massachusetts. In November 2023, Corvus Insurance was acquired by The Travelers Companies.

Headquarters Location

100 Summer Street Suite 1175

Boston, Massachusetts, 02110,

United States

857-259-3995

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Corvus Insurance's Product Videos

ESPs containing Corvus Insurance

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

The insurtech managing general agents — cyber market comprises insurtech managing general agents (MGAs) that provide cyber insurance. Also included in this market are insurtech managing general underwriters (MGUs) and other insurtech entities that operate under a delegated authority arrangement from one or more carriers. In addition to insurance policies, these companies offer cyber security servi…

Corvus Insurance named as Highflier among 11 other companies, including Resilience, BOXX Insurance, and Elpha Secure.

Corvus Insurance's Products & Differentiators

    Smart Cyber Insurance

    Data-informed coverage built for evolving threats. We combine our underwriting expertise with technology for personalized quotes, optimal pricing, and broad coverage.

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Research containing Corvus Insurance

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Corvus Insurance in 5 CB Insights research briefs, most recently on Feb 9, 2024.

Expert Collections containing Corvus Insurance

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Corvus Insurance is included in 7 Expert Collections, including Insurtech.

I

Insurtech

4,196 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

A

Artificial Intelligence

11,383 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

C

Cybersecurity

8,428 items

These companies protect organizations from digital threats.

F

Fintech

8,122 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

F

Fintech 100

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

S

Supply Chain & Logistics Tech

343 items

Latest Corvus Insurance News

Markets/Coverages: Corvus Expands Tech E&O; K2 OCONUS Workers Comp for Government Contractors; Xceedance’s MGA Agility Suite

Feb 8, 2024

February 8, 2024 Corvus Insurance introduced a newly expanded Tech E&O product with an enhanced appetite backed by Travelers. Smart Tech E+O from Corvus provides creative risk solutions for technology businesses across the spectrum of size and complexity, including primary and excess policies. “With an increased appetite, Corvus’s expert underwriting team can leverage the full extent of their skills and experience to reliably find solutions for not only the SME segment, but for larger and more complex clientele as well,” said Mike Karbassi, chief underwriting officer at Corvus. Policyholders will get the added protection of Corvus Signal, the risk prevention solution that includes on-call risk advisors and tailored threat alerts. K2 OCONUS Defense Base Act Program With Nationwide A new Defense Base Act (DBA) insurance program has been launched by K2 OCONUS, a division of K2 Insurance Services, with Nationwide’s excess & surplus/specialty business serving as the underwriter. The program will provide workers’ compensation coverage for U.S. government contractors working overseas, especially in high-risk areas. The program is now live and open to U.S. government contractors working abroad in any industry, including construction, engineering, logistics, security, and humanitarian aid. The Defense Base Act (DBA) is an extension of the Longshore and Harbor Workers’ Compensation Act (LHWCA). This act provides disability compensation and medical benefits to employees and death benefits to eligible survivors of employees of U.S. government contractors who perform work overseas. Xceedance Launches MGA Agility Suite Xceedance has started its MGA Agility Suite under the leadership of Michael Parcelli as senior vice president and head of the MGA business. Designed to revolutionize the way program administrators, managing general agents (MGAs), and managing general underwriters (MGUs) operate, the suite provides comprehensive digital solutions to enhance market presence, underwriting processes, and operational efficiencies. Key features of the MGA Agility Suite include: Platform Integration: Quick market entry and scalability while fostering continuous innovation and minimizing ownership costs. Technology Integration: Digitized and strengthened end-to-end processes, bolstering core operations for sustainable growth. Licensed MGA Shell: A nationally licensed MGA for admitted and non-admitted markets to enable a cost-effective market entry point supported by fully integrated policy and claims management platforms. Data Integration: Transformation of data into actionable insights with high-quality data migration, enrichment, and governance. Operations Services: Comprehensive strategic support across the insurance lifecycle, including underwriting, policy administration, claims management, and more. As a trusted partner, Xceedance offers holistic support in technology adoption, analytics, claims management, and policy administration.

Corvus Insurance Frequently Asked Questions (FAQ)

  • When was Corvus Insurance founded?

    Corvus Insurance was founded in 2017.

  • Where is Corvus Insurance's headquarters?

    Corvus Insurance's headquarters is located at 100 Summer Street, Boston.

  • What is Corvus Insurance's latest funding round?

    Corvus Insurance's latest funding round is Acquired.

  • How much did Corvus Insurance raise?

    Corvus Insurance raised a total of $161M.

  • Who are the investors of Corvus Insurance?

    Investors of Corvus Insurance include The Travelers Companies, SiriusPoint, FinTLV, Aquiline Capital Partners, .406 Ventures and 7 more.

  • Who are Corvus Insurance's competitors?

    Competitors of Corvus Insurance include Cowbell Cyber and 7 more.

  • What products does Corvus Insurance offer?

    Corvus Insurance's products include Smart Cyber Insurance and 2 more.

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Compare Corvus Insurance to Competitors

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Coalition

Coalition operates in the cyber insurance and cybersecurity sectors. The company offers comprehensive insurance coverage and cybersecurity tools designed to help businesses manage and mitigate digital risks. Coalition primarily serves businesses worldwide that are seeking resilience against cyber attacks. It was founded in 2017 and is based in San Francisco, California.

C
Cowbell Cyber

Cowbell Cyber is a cyber risk insurance provider for small and medium-sized enterprises (SMEs). The company delivers cyber insurance policies customized to the needs and identified risk exposures of each organization and uses risk signals, artificial intelligence (AI), and technology to provide solutions to agents and brokers. It was founded in 2019 and is based in Pleasanton, California.

Eye Security Logo
Eye Security

Eye Security operates as a cyber security company. It monitors and mitigates threats from users office network and their cloud environment and provides financial protection for businesses in the event of a cyber-attack or data breach. It offers solutions for small and medium size enterprises (SMEs). The company was founded in 2020 and is based in Den Haag, Netherlands.

R
Resilience

Resilience operates as a cyber risk company. It utilizes artificial intelligence (AI) to leverage data for migration and transfer risk. It accesses global data sources to pinpoint vulnerabilities and reduces risk. Its ecosystem provides companies with information to illuminate cyber threats, implement rapid protection, and drive cyber resiliency. It was founded in 2016 and is based in San Francisco, California.

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Counterpart

Counterpart offers management and professional liability insurance products and services. It offers services such as human resource advisory, risk assessment, claims management, brokers platform, and more. The company was founded in 2019 and is based in Covina, California.

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CyberCube

CyberCube delivers cyber risk analytics for the insurance industry. The platform helps insurance organizations quantify the cyber risk to facilitate placing insurance, underwriting cyber risk, and managing cyber risk aggregation. The company was founded in 2015 and is based in San Francisco, California.

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