The Source for Cyber Insurance News, Insights and Data
Small businesses often struggle to secure comprehensive cyber insurance due to limited coverage options and stringent underwriting criteria, leaving many vulnerable to cyber threats. With that in mind, Corvus Insurance has announced several enhancements to its underwriting capabilities and cyber services. These updates aim to expand the company’s reach and better serve its policyholders. For … Read more
The Travelers Companies has officially sealed the deal on acquiring Corvus Insurance Holdings, Inc., a cyber liability insurance managing general underwriter known for its cutting-edge proprietary technology. Alan Schnitzer, Chairman and CEO of Travelers, expressed satisfaction with the partnership forged with Corvus over the past year. The completion of the acquisition marks the official integration … Read more
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
“The National Institute of Standards and Technology will work with Microsoft, Google and the insurance industry companies Travelers and Coalition to create a new framework designed to help guide the creation of more secure technology products and to audit the security of technology products, the administration said in the fact sheet.” Coalition and Resilience also … Read more