The Source for Cyber Insurance News, Insights and Data
“’Corvus is the trusted, long-term cyber risk partner for our policyholders. We are constantly monitoring emerging threats and using the signals and data we have to recommend actionable measures to prevent cyber attacks,’ said Lauren Winchester, Global Head of Risk Advisory at Corvus Insurance. ‘This endorsement incentivizes meaningful engagement with Corvus, which in return allows … Read more
“…Corvus Signal™, the risk prevention solution that brings together brokers, policyholders, and Corvus security experts in partnership. Corvus Signal has been shown to reduce cyber breach frequency and cost by up to 20 percent.” The press release from the company quotes the director of IT at a mid-sized healthcare services company: “…Corvus takes a lot … Read more
The insurance pro will also oversee data science at the firm, which like its competitors must prove able to fuse insurance industry acumen with cutting-edge technology. “(I)n his new role as President of Corvus, (Prashanth) aims to build on the strong underwriting foundation and drive profitable growth. He will oversee sales, underwriting, actuarial, data science, … Read more
Peter Hedberg, Vice President of Cyber Underwriting at Corvus Insurance, worries the hackers may benefit more in the short term: “Chat GPT removes a lot of markers because the answers that this technology delivers seems so natural and so human, however this also allows for the attack vector to scale effectively. So, instead of spending … Read more
“Corvus believes it has become the first US cyber insurtech to acquire a London underwriting platform, creating global underwriting capabilities and a partnership with Lloyd’s cyber insurance capacity.”