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Corvus Insurance

AI-driven cyber insurance MGA underwriting customized commercial coverage backed by Travelers

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Overview

Corvus Insurance is a cyber and technology errors and omissions MGA distributing commercial coverage through wholesale and retail brokers across North America, the UK, and Germany. Founded in 2017 and headquartered in Boston, Massachusetts, Corvus was acquired by Travelers Companies in January 2024 for USD 435M and now operates as Corvus by Travelers, writing policies on Travelers Excess and Surplus Lines paper rated AM Best A++.

The company underwrites commercial cyber insurance and tech E&O using proprietary threat intelligence and data science. Its underwriting workflow combines automated quote generation (under one minute for qualifying accounts) with broker-assisted placement for more complex risks. Policyholders gain access to the Cyber Risk Dashboard, a cloud-based platform that delivers continuous security monitoring, threat alerts, and on-demand risk advisory services.

Distribution runs through appointed wholesale and retail brokers. Since the Travelers acquisition, Corvus has expanded its underwriting appetite to include smaller businesses with annual revenue below USD 30M and introduced a click-and-bind renewal option for select accounts. The company maintains offices in Boston (MA), Hartford (CT), and internationally in the UK and Germany.

Products & Services

Smart Cyber Insurance

Commercial cyber liability insurance for businesses of multiple sizes, underwritten on Travelers E&S paper.

Key Features

  • Customized cyber liability coverage with collaborative underwriting
  • Automated quotes in under one minute or broker quotes in under two hours
  • Monthly security scans and threat alert monitoring via Cyber Risk Dashboard
  • 24/7 incident response and claims support
  • Unlimited on-demand risk advisory consultations per policy

Target Users: Small to mid-market and enterprise businesses; broker distribution

Distribution: Wholesale and retail brokers

Smart Tech E&O

Technology errors and omissions insurance for technology companies and service providers.

Key Features

  • Professional liability for technology products and services
  • Combined cyber and E&O coverage options

Target Users: Technology companies, software developers, IT service providers

Distribution: Wholesale and retail brokers

Cyber Risk Dashboard

Policyholder platform providing continuous security monitoring and risk management tools.

Key Features

  • Real-time threat monitoring using AI-driven data analysis
  • Monthly security scans and threat alerts
  • Policy management tools and trusted vendor marketplace access
  • On-demand risk advisory consultations

Target Users: Active Corvus cyber insurance policyholders

Distribution: Included with all Corvus cyber policies