Corvus plucks top Zurich cyber leader to expand into global market
Cyber managing general underwriter Corvus Insurance, a provider of smart commercial insurance products powered by AI-driven risk data, has tapped a top Zurich cyber underwriting leader to help drive its expansion globally.
Oliver Delvos (pictured) will be joining the organisation as its first head of international later this summer. He will lead Corvus’s office in Frankfurt, Germany, slated to open later in 2022.
In this new role, Delvos, who currently leads global cyber underwriting at Zurich Insurance Group, will develop and implement Corvus’s long-term operational and organisational strategy for territories outside of the US, with an initial focus on Continental Europe.
He will be tasked with building a global team of underwriters and other key personnel while developing risk capital structures for programmes to support growth of Corvus’s international portfolio.
The new team will have an initial focus on excess cyber placements across Continental Europe, expanding Corvus’s cyber capabilities and technology in order to support policyholders across the globe from cyber threats.
At Zurich, Delvos developed the global cyber proposition with cyber risk engineering in over 20 Zurich offices worldwide. Prior to Zurich, he led AIG’s cyber underwriting team in Germany, Austria, and Switzerland.
The new hire is a key part of Corvus' expansion into the global market. Corvus kicked off 2022 with its acquisition of Tarian Underwriting, a cyber underwriting platform that underwrites on behalf of a consortium of Lloyd’s syndicates with an international footprint covering the UK, US, Middle East, Canada, and Australia.
“We’re thrilled to add Oliver to the Corvus leadership team later this year as we continue to expand our global presence,” said Phil Edmundson, chief executive officer at Corvus. “With his vast experience in European and Asian markets — as well as his experience in data and privacy risk — he’s well-positioned to lead Corvus’s international team and develop a winning global strategy.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
