Smart Tech E&O

Our data-enabled Smart Tech E&O insurance policy offers broad first-party and third-party coverage for technology services, technology products, and professional services. It includes Smart Cyber Insurance coverage with a Dynamic Loss Prevention™ report that provides detailed IT security recommendations, access to our Risk & Response services for proactive risk management, and ongoing security vulnerability alerts.

[DIAGRAM] Corvus Smart Tech E&O

Appetite

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

Limits up to $10M

See Industry Classes

Resources

Smart Tech E&O Form

Smart Tech E&O Brochure

Comparison Sheet

Claims Handling

Risk + Response Services

Get Appointed

Smart Tech E&O Features


Smart Coverage

Our proprietary underwriting process leverages data insight, AI, and machine learning to quote coverage for most accounts within minutes, while 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 access to a customized vCISO report for operational cybersecurity insight. Ongoing cyber threat monitoring, proactive risk management strategies, 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.

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 policy coverage, 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

  • Technology and Professional Services E&O

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


Most technology-based services companies are eligible, including:

  • Technology services companies

  • Technology products

  • Professional services companies

  • and more

Exempt classes include: Social networking websites, chat-rooms/blogs/message boards, user-generated content websites (i.e YouTube), online dating websites, gambling, adult content, video game developers, aviation software, microchip manufacturers, cryptocurrency/Bitcoin

Risk + Response Services and Claims



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

[DIAGRAM] Corvus Risk + Response Services

Data drives Corvus – and that includes the technology errors and omissions claims experience. With our Policyholder Dashboard, brokers and policyholders get instant access to claims information.

When a Smart Cyber Insurance claim occurs, the Corvus claims team works closely with the policyholder as well as with our risk-taking partner Crum & Forster Insurance. Crum & Forster has more than 500 claim professionals nationwide, with specialized expertise in Cyber and Technology E&O Claims are initiated through a breach coach, who is available 24/7.

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