Corvus Insurance is adding to its executive team with veteran executives from Beazley, Hiscox and Zurich.
The Boston-based InsurTech startup’s hires come as experienced 20 percent growth already in 2020, jumping from 52 to 63 employees so far this year. Launched in 2017, Corvus has raised $46 million in venture financing to date. It is a managing general agent that offers smart commercial insurance policies that rely on AI-driven risk data. Focus areas include complex cyber risk.
Corvus hired on Lauren Winchester as vice president of Smart Breach Response, Peter Hannapel as vice president of Cyber Underwriting and Maggie DePaul as senior underwriter. Each brings a wide range of expertise.
Winchester’s background is in Breach Response services, and she will lead the company’s breach response efforts. In her previous role at Beazley, she helped policyholders of all sizes and across industries respond to potential data breaches, Corvus said.
Hannapel, to be based at the company’s Atlanta office, will expand Corvus’ underwriting capacity in the Atlanta area, according to the company. Previously, Hannapel underwrote tech and cyber insurance with Hiscox for nearly eight years and led the Southeast Tech and Cyber team for the last three years.
DePaul is based in New York and joins Corvus with a focus on Retail Brokers in the Northeast. Previously, she was an underwriter at Zurich on the Cyber/E&O team handling both national and middle market accounts.
Corvus is backed by Telstra Ventures, Obvious Ventures, Bain Capital Ventures, Hudson Structured Capital Management and .406 Ventures.
Source: Corvus Insurance