Corvus, Travelers expand cyber underwriting partnership

AI-driven cyber managing general underwriter  Corvus has expanded its cyber underwriting partnership with global specialty insurer Travelers.

Beginning October 1, 2023, Travelers will serve as a capacity provider for Corvus products in the US.

In 2022, the two companies entered into a similar arrangement in the continental European market, where Travelers backs the Corvus Smart Cyber Insurance offering.

With a focus on tailored coverage, service and proactive risk management, the collaboration aims to “empower businesses to navigate the digital landscape with confidence.”

Corvus CEO Madhu Tadikonda (pictured) said: “Travelers has an unmatched reputation, extensive knowledge of the cyber insurance market and an intimate understanding of the complexities surrounding the evolving cyber landscape. Combining our expertise and shared approach to data-driven underwriting and risk mitigation will enable us to offer customers an even stronger suite of products and services.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.