Corvus Insights

(Re) Building a Ransomware Risk Score for the Future

(Re) Building a Ransomware Risk Score for the Future

  As ransomware rose to become the single biggest driver of cyber insurance claims in 2020, we felt that this aspect of cyber risk deserved more detailed reporting for brokers and policyholders. So we got to work. We ...

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Introducing the Ransomware Risk Score

Introducing the Ransomware Risk Score

A ransomware score has always been a part of our Dynamic Loss Prevention report to measure client cyber security. But in 2020, ransomware emerged as the number one driver claims in cyber insurance. As a result, our data ...

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A Final Look Back: Our Most-Read Blogs of 2020

A Final Look Back: Our Most-Read Blogs of 2020

The past year brought new challenges to businesses — and the insurance brokers who advise them about coverage too. Cyber risks soared as the Covid-19 pandemic charged through the U.S. Workforces shifted to remote work, ...

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The hard market for Ocean Cargo won’t be helped by vaccine roll-out

The hard market for Ocean Cargo won’t be helped by vaccine roll-out

The global roll-out of vaccines underway now is unprecedented in its speed, scale and complexity. And as we’ve seen in reports from around the country the past few weeks — of long lines, crashing registration systems, ...

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Reflections on a fully “fledged” mission for a new year

Reflections on a fully “fledged” mission for a new year

The new year is time for reflection -- and for businesses in high-growth mode, those reflections often come in the form of celebrating new employees and customers, gains in revenue, and products launched. And we’ll be ...

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Property Insurance meets Big Data

Property Insurance meets Big Data

Corvus uses new data sources and machine learning to better predict and prevent commercial insurance claims. We are a team of innovators, equally derived from the tech and insurance worlds on a mission to reimagine ...

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In the Binoculars: Lori Bailey, Chief Insurance Officer

We’re spreading our wings to welcome another new hire to Corvus, Lori Bailey! As our Chief Insurance Officer, she’ll be bringing her strategic vision and wealth of insurance knowledge to the team, having worked on both the carrier (Zurich & AIG) and broker side (Marsh). Most recently, she developed and implemented global underwriting strategies, governance and product development for all cyber risk exposures at Zurich.

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Attack Analysis: The Latest on Kaseya and PrintNightmare

After what has been a particularly busy week in the world of threat response, Corvus continues to monitor the REvil ransomware group’s attack that targeted Managed Service Providers (MSPs) who leverage the on-premise Kaseya VSA solution, as well as fallout from the zero-day discovery known as PrintNightmare (skip to end of this article if you just want to read about this more recent vulnerability). Corvus alerted policyholders to each of these attacks within hours of discovery, but as the situation unfolds we are learning more. 

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