Corvus Insurance has announced the launch of its enhanced Tech E+O product, now offering broader coverage options with support from Travelers.
The expansion is designed to cater to the needs of technology businesses, ranging from small and medium-sized enterprises (SMEs) to larger organizations.
Corvus’ dedicated underwriters for Tech E+O collaborate closely with brokers to secure coverage for technology and professional services risks for companies with annual revenues up to $2 billion. The insurer’s in-house claims team and Corvus Signal risk prevention service, offers on-call risk advisors and customized threat alerts.
Mike Karbassi, chief underwriting officer at Corvus, emphasized the underwriting team’s capability to address the needs of a wider client base with this expanded product.
“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,” Karbassi said.
In other recent developments, last month also saw Travelers finalize its acquisition of Corvus for $435 million.
What are your thoughts on this story? Please feel free to share your comments below.
