Corvus News
The Latest Launches: Click for Cyber Insurance
Corvus Insurance and Zywave recently announced updates and launches aimed at speeding cyber insurance renewals and quotes. Another InsurTech, Mulberri, announced an embedded cyber insurance option ...
Global Ransomware Attacks Reach Record High in 2023, Says Corvus
Despite law enforcement actions, fourth-quarter 2023 ransomware incidents still surpassed 2022 by nearly 70 percent, and the number of active ransomware groups grew by 34 percent. Corvus Insurance ...
Travelers to Buy Cyber MGU Corvus for $435 Million
The Travelers Companies said it has agreed to buy cyber managing general underwriter Corvus Insurance Holdings Inc. for about $435 million for its middle-market excess ...
Tadikonda Replacing Edmundson as CEO of Cyber MGA Corvus
Boston-based InsurTech Corvus Insurance said Madhu Tadikonda will take over immediately as chief executive officer, replacing founding CEO Phil Edmundson. Edmundson will assume the new role of ...
Cyber Insurance Gap Growing: Survey Report
According to a survey report released yesterday, not only are most North American businesses still not buying cyber insurance, but those that are don't buy enough limit to cover last year's median ...
Cyber Insurers Working to Keep Up With Criminals
It's no question the cyber crime landscape is constantly evolving, keeping large and small businesses on their toes. But another industry is rapidly changing, and if businesses don't keep up, they ...
Corvus Insurance Acquiring Lloyd’s Cyber Specialist Tarian Underwriting
InsurTech Corvus Insurance announced today that it has acquired Tarian Underwriting Limited from Beat Capital Partners Ltd. for an undisclosed amount. Formed in 2016, Tarian is a specialist ...
More Entry Points, More Risk: The Tech Industry’s Underwriting Challenge
The challenges faced by underwriters have grown immensely in recent years. For underwriters working specifically within the technology sector on errors and omissions (Tech E&O) coverage, the ...