Corvus Insurance announces multi-year cyber insurance partnership with Travelers
Commercial insurance MGA Corvus Insurance is partnering with Travelers to expand across Europe.
As part of the deal, Travelers will back Corvus’ Smart Cyber Insurance offering, which will initially target small- and medium-size enterprises and middle market businesses with annual revenues up to EUR 1 billion, subject to regulatory approval. The new offering will focus primarily on Germany and Austria. Corvus will continue to expand its international business, opening additional offices across the continent.
“Corvus is uniquely positioned in today’s European market. We’re thrilled to partner with Travelers to bring our transparent, data-driven, and expert approach to underwriting and risk mitigation to a new audience of brokers and policyholders.” – Madhu Tadikonda, CEO of Corvus Insurance.