16 July 2019

View from the Nest: Continuing Rapid Growth in Q2 2019

Product launches, new corvids, and updates to our tech are just a few things that have us singing after a busy second quarter.

As the Corvus team kicks off summer 2019, we’re looking forward to more than just sunny weather and trips to the beach. Product launches, new corvids, and updates to our tech are just a few things that have us singing after a busy second quarter. Thank you so much to our broker partners that have worked with Corvus to make Q2 our biggest quarter yet! 

Get To Know Corvids:

Crows are cooperative breeders. This means that they stay close to where they were born, often helping to raise and defend the area’s young chicks. 

New Nests and A Growing Flock

Back in Q1, we announced the launch of our Dallas and L.A offices. The momentum in growing our Smart Cyber Insurance business continued in Q2 as Corvus founded new nests in Chicago and Atlanta, with Vice Presidents of Cyber Underwriting Amanda Stantzos and Joel Fehrman heading up those locations.

Meanwhile, VP of Cyber Underwriting Peter Hedberg joined the team to bolster our presence in New York City, and we continued hiring in Boston and L.A. as well. It’s been an exciting period of growth for the team, and it will continue this quarter!

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Our Flock has expanded by leaps and bounds in 2019!

Smart Commercial Insurance Updates

The Data Science team at Corvus has made great strides toward enhancing our Dynamic Loss Prevention reports. During the last few months, our proprietary database of breach incidents has identified several new cyber risk indicators that will be integrated into the reports this coming quarter.

Speaking of Dynamic Loss Prevention, this past quarter we released some new tools and materials for brokers to help understand the DLP reports. Click here to check out our post that answers the basic question: “what is the DLP?” (and be sure to check out the video while you’re there). Then we invite you to go deeper on understanding the Corvus Scan and how we map cyber risks to insurance coverages.

Additionally, we announced some news that got Cargo brokers excited in Q2: We’ve taken flight (or rather, to the sea) with the shipment of hemp/CBD products and all aspects of the wine industry – wineries, distributors, and wholesalers. If you’re interested in learning more about what we are underwriting within these product categories, email us at flock@corvusinsurance.com

Smart Content

 

Thanks for reading!

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.

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