31 January 2019

What’s in a Name? The Story of “Corvus”

 Corvus is a class of birds – a genus, specifically – that includes species like crows, ravens, and rooks. 

We’re often asked about the significance of our name, Corvus Insurance. It’s a story we enjoy telling, because it helps explain our approach to building products and writing Smart Commercial Insurance™ policies.

Corvus is a class of birds – a genus, specifically – that includes species like crows, ravens, and rooks. As a group, these birds are known for their exceptional intelligence. Crows are said to be as smart as seven- to ten-year-old humans. They are great communicators and collaborators and have long, detailed memories.

Perhaps their most remarkable quality is their ability to create tools. Crows not only use twigs to extract insects from logs — they take it a step further by carving hooks at the end of the twigs to make them more effective. They’ve also been observed dropping crabs in busy roadways so that their prey is run over by cars, making for an easier snack. This kind of resourcefulness makes corvids fascinating creatures to study.

It’s these traits of corvids that inspire us at Corvus Insurance.

We, too, create tools, like our web-based platform CrowBar. We use all the materials available to us — in this case, not twigs, but rich streams of data — to uncover actionable information to share with brokers and their clients. By bringing a greater degree of intelligence to the entire commercial insurance process, we strive to deliver on the promise of our product name, Smart Commercial Insurance™.

That’s what makes us Corvids: resourcefully building tools to help empower insurance brokers with data and smart policies. We’re building our “nest” and growing our flock, and we are ready to soar with you.

Mike Karbassi

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 Graham

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 McElhiney

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

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 Edmundson

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.

Play Video