Corvus Insurance, a cyber speciality insurer, has improved its policy renewal process by introducing an application-free, click-and-bind option for eligible accounts.
This update will significantly reduce brokers’ time spent on cyber renewals by eliminating repetitive application questions and offering clarity through personalised year-over-year coverage comparisons.
Mike Karbassi, Chief Underwriting Officer at Corvus Insurance, expresses his enthusiasm for this advancement, stating, “We’re excited to enhance the experience for brokers by streamlining a renewal process that can traditionally be slow and tedious.”
“This is another example of how we’re providing innovative solutions that enable brokers to focus on helping customers and growing their business,” Karbassi adds.
Overall, Corvus’ latest enhancements to its policy renewal process sets a new standard in efficiency and convenience for cyber insurance.
This advancement not only streamlines operations but also underscores Corvus’ commitment to facilitating broker success in serving its clients and expanding its businesses.