Corvus Insurance, an AI-powered cyber specialty insurer, has announced it has expanded its relationship with Travelers, a personal, business and specialty insurer.
Through this partnership Travelers will serve as a capacity provider for Corvus products in the United States, starting October 1, 2023.
In 2022, the two companies announced a similar arrangement in the continental European market, where Travelers backs the Corvus Smart Cyber Insurance offering.
The offering is to provide brokers and policyholders with localised and unmatched cyber insurance tools, along with the combined cyber underwriting expertise of both Corvus and Travelers.
This collaboration aims to empower businesses to navigate the digital landscape with confidence, focusing on tailored coverage, service and proactive risk management.
Corvus CEO Madhu Tadikonda, commented: “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.”
