Corvus Continues Rapid Acceleration with New Clients and 380% Gross Written Premium Growth.
Position | [IN THE NEWS] |
* Corvus Insurance, a leading provider of smart commercial insurance products powered by Al-driven risk data, has had a surge of growth with sharply increased revenues. On the heels of this accelerated growth, Corvus has made notable senior hires in order to properly scale to meet market demands. The appointment of Sam Kramer as VP of Reinsurance, Jocelyn Getson as VP of Enterprise, and Dana Paige as the VP of Risk Capital, are the latest in a series of prominent hires this year.
Additional CORVUS highlights include:
* Corvus raised $33 million in Series B financing in January 2020
* An increase in headcount of 2.5x
* Recently named as a finalist for Insurtech Initiative of the Year by Business Insurance
Corvus "makes insurance smarter" by applying findings from new data sources analyzed with AI techniques like machine learning. The CrowBar, Corvus' digital platform, delivers novel insights and a quote experience purpose-built for brokers and policyholders while leveraging innovations such as the Corvus Scan, dynamic vulnerability alerts, and prebreach services. The CrowBar also helps brokers and insureds with benchmarking, ransomware cost calculations, and other risk management services to better defend policyholders' IT infrastructure.
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