Summary:Corvus Insurance

🏢 Corvus Insurance is a cyber insurance managing general underwriter headquartered in Boston and wholly owned by The Travelers Companies, Inc. since January 2024, when Travelers completed an approximately $435 million acquisition. Founded in 2017 by Philip Edmundson, the company raised $162 million in venture capital through May 2021 and reached a reported $750 million valuation at its Series C round led by Insight Partners. Corvus writes Smart Cyber Insurance and Smart Tech E&O on Travelers Excess and Surplus Lines paper, distributes through wholesale brokers, and differentiates with its Corvus Signal risk prevention platform and a proprietary underwriting engine scanning 20,000 data points per quote.