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Smart Cyber Insurance® & Cyber Excess

Fueled by data science, AI technology, and industry expertise, we provide the coverage your clients need. 

 

Appetite

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

  • Limits up to $5M

  • Auto-quoting available for most small business accounts

  • API-based quoting through Distribution Partnerships


Industry Classes

  • Healthcare

  • Retail

  • Financial Institutions

  • Education

  • Professional Services

  • Life Sciences

  • Manufacturing

  • Construction

 

GROW WITH CORVUS

Technology and insurance expertise.

Our approach to cyber

[SMART CYBER INSURANCE DIAGRAM] Tackling modern threats with technology and insurance expertise

Experienced underwriters

For our technology to shine, we know it needs to be paired with the best minds in cyber risk. Underwriting expertise and relationships never go out of style.

A modern approach to a modern risk

From the moment a policy is bound, we partner with your clients to strengthen their security controls through our risk mitigation tools and advisory services.

(Really) Data-driven

Our data science, threat intel and cybersecurity teams ingest millions of data points into models that define our policies, risk mitigation, and alerting.

Cyber Excess

We consider Excess insurance policies for accounts with up to $1 billion in annual revenue, offering limits up to $5 million. Our follow-form Excess policy includes the same detailed IT security recommendations we deliver with our primary Smart Cyber offering.

[SMART CYBER INSURANCE ICON] Cyber Excess

The protection your clients need.

Data-informed coverage built for evolving threats. We combine our underwriting expertise with technology for personalized quotes, optimal pricing, and broad coverage.

Third-Party Coverages

First-Party Coverages

Additional Coverage         

  • Bricking Coverage

  • Invoice Manipulation

  • Forensic Accounting Coverage

  • Bodily Injury

  • Criminal Reward Coverage

  • Preventative Shutdown

Common Questions - Smart Cyber Insurance® & Cyber Excess

Corvus's Cyber policy covers losses resulting from a security breach or cyber crime event, including: first-party losses, or losses suffered by your company (for example, income loss or digital asset loss) and third-party losses (amounts which your company is legally obligated to pay to others).
Corvus considers several factors when calculating premiums, including the applicant's score on our non-invasive IT security scan, the applicant's revenue and nature of business, the quality of the applicant's cybersecurity controls, and the limit requested.
Premiums can range depending on the type and size of the business insured. Annual premiums start at around $2,000.

Common incidents that trigger claims include:

  • Ransomware attacks: hackers lock up files or devices and demand a ransom payment in exchange for release

  • Data breaches: confidential data is stolen or otherwise exposed

  • Wire fraud: an employee is tricked into sending money to a scammer

  • System failure: shutdowns due to system outages that may or may not be malicious in nature

A Corvus policy includes risk mitigation services such as continuous scanning capabilities and real-time alerting in the event a new critical vulnerability is detected. Insureds also have access to discounted rates with third-party vendors to assist them when needed and can use their scan findings to implement increased security controls.
Contact your commercial insurance broker and ask them about cyber liability coverage. Corvus's offerings are available via select appointed agencies around the country.

Broker Resources