Travelers To Aquire Cyber Insurer Corvus

Travelers Companies, Inc. (NYSE: TRV) plans to acquire Corvus Insurance Holdings, Inc. for roughly $435 million. Corvus, a cyber insurance managing general underwriter known for its proprietary technology, will provide Travelers with advanced cyber capabilities. They include underwriting algorithms, vulnerability scanning, and enhanced digital connectivity. Alan Schnitzer, Chairman and Chief Executive Officer of Travelers, emphasized … Read more

Corvus & SiriusPoint Team on Cyber Cover 

“The cyber program is part of a multiyear underwriting capacity partnership in which SiriusPoint has invested in Corvus to support existing and future commercial insurance coverages, according to the statement.” Corvus Insurance Holdings Inc. and Bermuda-based insurer and reinsurer SiriusPoint Ltd. on Wednesday said they have partnered to offer a cyber insurance program with up … Read more

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