Cyber Underwriter Corvus Insurance has introduced a newly expanded Tech E+O product that features an enhanced appetite backed by Travelers.
Corvus explained that Smart Tech E+O provides creative risk solutions for technology businesses across a range of sizes and complexity, including primary and excess policies.
The firm added that its expert team of underwriters specialising in Tech E+O “work hand in hand” with brokers to place coverage for a range of technology and professional services risks with up to $2 billion in annual revenue.
Mike Karbassi, Chief Underwriting Officer at Corvus, commented, “With an increased appetite, Corvus’s expert underwriting team can leverage the full extent of their skills and experience to reliably find solutions for not only the SME segment, but for larger and more complex clientele as well.
“Additionally, every Smart Tech E+O policyholder gets added value throughout the policy term thanks to Corvus Signal™ risk prevention services and the peace of mind of a fully in-house claims team with decades of collective experience handling cyber.”
Ryan Apgar, EVP at RT Specialty, added, “Brokers servicing a broad and complex range of tech and professional services clients can lose efficiency and confidence in navigating the inconsistency of appetite across carriers – especially amidst the constantly fluctuating and volatile Tech / Cyber Risk marketplace.
“With the expanded Tech E+O product from Corvus, we know that we’re getting a consistent and reliable underwriting partner, with the ability to find creative solutions for a wide range of accounts, and a consistent appetite to help our policyholders navigate more complex risks.”
