Smart Cyber + Cyber Excess

Smart Cyber Insurance policies begin with information gathered through the proprietary Corvus Scan. This intelligence enables our team to deliver optimal pricing and coverage options within minutes. Each policy includes a Dynamic Loss Prevention™ report with detailed IT security recommendations, access to our Risk & Response Services for proactive risk management, and ongoing vulnerability alerting.

[DIAGRAM] Corvus Smart Cyber Insurance + Cyber Excess

Appetite

Primary risks earning up to $1B in gross annual revenue

Excess risks earning up to $1B in gross annual revenue

Limits up to $5M

See Industry Classes

Resources

Smart Cyber Form

Smart Cyber Brochure

Coverage Details

Comparison Sheet

Claims Handling

Risk + Response Services

Smart Cyber Insurance Features


Smart Coverage

Our proprietary underwriting process leverages new sources of data analyzed with machine learning to quote coverage for most accounts within minutes, while also providing our experienced underwriting team with tools and insights to work on complex risks.

Online Broker Platform

Corvus's broker platform, the CrowBar, optimizes quoting with the shortest application in the industry, enabling brokers to request and receive quotes within minutes for most accounts. The CrowBar provides brokers with instant access to extensive resources, including a risk management portal for cyber education and training.

Risk Mitigation

Policyholders receive a Dynamic Loss Prevention report quarterly that highlights prioritized IT vulnerabilities and get access to a digital vCISO experience for further cybersecurity insight. Ongoing cyber threat monitoring and risk alerts ensure that brokers and policyholders are informed of emerging risks.

Incident Response

A digital claims experience improves access and visibility to the claims process. Our dedicated breach response and cyber claims teams work with you throughout the life cycle of the claim and can assist with the engagement of vetted and trusted partners such as breach counsel and forensics firms to ensure success.

Cyber Excess



We consider Excess policies for accounts with up to $2 billion in annual revenue, offering limits up to $10 million. Our follow-form Excess policy includes the same detailed IT security recommendations we deliver with our primary Smart Cyber offering.

Embedded Cyber Solutions



We partner with insurers, program managers, captive managers and other risk sharing pools to embed our industry-leading Smart Cyber Reinsurance product in their core offering. If your growing business is in search of new differentiators to attract agents, win sales, and provide a more complete offering, click to learn more.

Comprehensive + Flexible Coverage



The art of underwriting complex risk should never lose its human touch. While much of our underwriting process is automated through risk models built by our Data Science team, we understand that certain cases require expert review. Our Underwriting Team has decades of experience in Cyber, Cargo, and Tech E&O, so no matter the size or distinctiveness of the business, you can be sure the quote you’re getting has been developed with care.

Third-Party Coverages:

  • Network Security and Privacy Liability

  • Regulatory Investigations, Fines, and Penalties

  • Media Liability

  • PCI DSS Assessment Expenses

  • Breach Management Expenses

First-Party Coverages:

  • Business Interruption

  • Contingent Business Interruption

  • Digital Asset Destruction, Data Retrieval, and System Restoration

  • System Failure

  • Cyber Extortion and Ransomware

  • Breach Response & Remediation Expenses

  • Social Engineering & Cyber Crime

  • Reputational Loss

Endorsements:

  • Bricking Coverage

  • Invoice Manipulation

  • Forensic Accounting Coverage

  • Bodily Injury

  • Criminal Reward Coverage

  • Preventative Shutdown

Industry Classes


We cover most risk classes, including:

  • Industry Classes

  • Healthcare

  • Retail

  • Financial Institutions

  • Education

  • Professional Services

  • Life Sciences

  • Manufacturing

  • Construction

  • and more

Exempt classes include: Casinos/gambling risk, colleges/universities, cannabis-related risks, pornographic/adult content related sites, social media/networking (websites relying on user-generated content, blogs, chat rooms and online networking forums), payment processors

Risk + Response Services and Claims



Risk mitigation services. Breach response experts. Real-time access to claim information. Welcome to smarter insurance.

[DIAGRAM] Corvus Risk and Response Services

Data drives Corvus – and that includes the claims experience. With our Policyholder Dashboard, brokers and policyholders get instant access to claims information and ongoing cyber risk recommendations.

When a Smart Cyber Insurance claim occurs, the Corvus claims team works directly with the policyholder as well as with our risk-taking partners to manage the claim. We’ll introduce trusted vendors to meet the needs of the situation, including privacy counsel, forensics researchers and notification.

After the dust has settled, our Data Science team gathers Corvus Scan data on the impacted IT system from one week and one month before the claim. The Corvus team advises the policyholder on how to improve IT security, providing specific recommendations directly related to the claim.

And before a claim ever occurs, we offer policyholders a number of opportunities to improve their cybersecurity, with free features such as our digital vCISO experience and phone consultation with Corvus experts, plus reduced-cost offerings from partners. Learn more about our standard services and enhanced services for larger accounts.

Start Quoting

Want to get quoting with Corvus? Drop us a line and we will set you up on our platform, the CrowBar®, for automated quoting.

If you’re already a user of the CrowBar, click here to log in.

If you’d like to notify Corvus of a claim, please email claims@corvusinsurance.com.

If you have any other questions about our products, coverage, and appetite, let us know and our underwriting team will respond within one business day.