A tech startup team with insurance DNA. Our team has decades of experience in commercial insurance and decades more building and growing technology-enabled companies. We’re underwriters, data scientists, product builders and engineers united by a mission: to make the world a safer place by helping organizations mitigate or eliminate
the impact of adverse events. We’re inspired by the intelligent, tool-building corvid family of birds that gives us our name.
We’re excited to meet you. Welcome to the Flock.
The Corvus team has a set of values that guide our company culture. We strive to understand the root issues faced by our customers and team. We challenge the status quo by questioning existing practices, thinking differently, and trying new things. We communicate transparently and honestly. We empower everyone – at all levels of the business. We do the right thing, acting with integrity to foster trust. And we are proud of insurance — because taking pride in a force for good needs no apology.
Most of all, we have fun building the future of insurance.
The Corvus Insights Team sat down with Mike to explore the values and objectives behind his team’s success and understand his vision for the future.
After selling the commercial insurance brokerage he founded and ran for over 30 years, Phil Edmundson saw the market opportunity for better technology to reach commercial brokers, and founded Corvus Insurance
We open our first office in the Fort Point neighborhood of Boston
Corvus raises our first outside funding with a $4 million seed round led by BCV
Corvus launches our first product, Smart Cargo Insurance. Argo Insurance Group is the primary financial risk-taker
Corvus launches Smart Cyber Insurance, with Hudson Insurance Group as our primary risk-taking partner
Corvus raises a $10 million A round led by .406 Ventures and Hudson Structured Capital Management. Bain Capital Ventures returned for a follow-on investment from their seed round
With a growing flock, Corvus moves to new space in Downtown Crossing
Corvus launches our Excess offering, providing the added value of our DLP Reports to all Excess clients
Corvus announces the industry's first affirmative Cyber endorsement for Ocean Cargo
Corvus launches Smart Tech E&O, a data-enabled Tech E&O and Cyber Liability policy
Corvus announces $32m investment from new investors Telstra Ventures and Obvious Ventures, with participation from previous investors Bain Capital Ventures, .406 Ventures, and Hudson Structured Capital Management.
Based in Boston, Bain Capital is one of the world’s leading multi-asset alternative investment firms with offices on four continents.
Hudson Structured Capital Management is an investment manager that focuses on reinsurance and insurance-linked assets based in Stamford, Connecticut.
Getting its name from Ted Williams’ 1941 batting average, .406 ventures is a Boston-based investment firm specializing in early-stage technology companies.
Argo Group is an international underwriter of specialty insurance and reinsurance products in the property and casualty market.
Crum & Forster is a leading national property and casualty insurer, providing specialty insurance products through their admitted and surplus lines insurance companies.
Obvious Ventures brings experience, capital, and focus to startups combining profit and purpose for a better world.
Telstra Ventures’ mission is to invest in market leading, high growth companies in mobile cloud media and other industries.
Founder Phil Edmundson explains the story behind the name of our company and our theme, the corvid family of birds.
Graham and Phil share their views on cyber risk, InsurTech, and why .406 Ventures invested in Corvus.
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Additional offices in:
New York | Chicago | Los Angeles | Dallas | Atlanta
Mike Karbassi is Vice President and Head of Cyber Underwriting at Corvus. He specializes in Network Security, Privacy Liability, Technology E&O, Media Liability, and Miscellaneous Professional Liability. Karbassi has over a decade of experience in insurance and is a graduate of the Boston University Questrom School of Business.
Gerritt is the Chief Commercial Officer at Corvus. He has over 20 years of sales and marketing experience, primarily focused on technology and data solutions for the financial services industry.
James co-founded Corvus and is the company’s Chief Technology Officer. A 30+ year technology veteran, Jaimie most recently served as CTO of Iora Health and previously co-founded Gazelle.
Mike Lloyd is the Co-Founder and Chief Product Officer of Corvus Insurance. Previously, Mike co-founded Poncho, a personal lines agency InsurTech startup, and was a venture investor at FJ Labs. Mike has an MBA from Harvard Business School and engineering degrees from Virginia Military Institute and MIT.
Phil is the founder and CEO of Corvus. A 30+ year insurance veteran, Phil co-founded broker William Gallagher Associates (acquired by Arthur J Gallagher in 2015) and was an active leader in both the Worldwide Broker Network and Council of Insurance Agents and Brokers. Phil is the Managing Partner of Edmus Ventures where he invests in InsurTech companies including Verifly, Wellthie, Agentero, and Cover Wallet, and serves on the board of Cover Wallet.