Corvus will leverage Cloudflare’s threat and security signals in its underwriting and risk mitigation processes
BOSTON (December 09, 2021) — Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced a partnership with Cloudflare, Inc., the security, performance, and reliability company, to share in its threat and security signals to improve visibility into risk areas among current and prospective policyholders.
By partnering with Cloudflare, brokers and policyholders working with Corvus will benefit from enhanced risk assessment and underwriting capabilities that will be built using data provided by Cloudflare’s market-leading suite of products. The partnership was one of several new relationships announced by Cloudflare today with prominent cyber insurers and incident response providers.
“We are excited to work with Cloudflare to address our customers’ cybersecurity needs and help reduce their cyber risk. Collaborating with cybersecurity companies like Cloudflare will enable a more data-driven underwriting approach that the industry needs,” said Nate Walsh, Head of Strategic Partnerships at Corvus Insurance.
The Corvus Data Science team has previously found that Cloudflare’s tools are a positive deterrent against cyberattacks when studying the effect of various tools and solutions among the company’s policyholder base.
“We’re helping protect millions of organizations every day, and cyber insurers understand the benefit that brings to keeping a company protected online,” said Matthew Prince, co-founder and CEO of Cloudflare. “By working closely with some of the most prominent cyber insurers and incident response providers we are now helping businesses to comprehensively manage their risk online.”
Corvus Insurance, a wholly owned subsidiary of The Travelers Companies, Inc., is building a safer world through insurance products that help to reduce cyber risk for policyholders. Corvus Insurance's Smart Cyber Insurance® and Smart Tech E+O® products include broad coverage, in-house claims handling, and risk prevention services that help prevent cyberattacks through threat alerts for policyholders and the partnership of our in-house cybersecurity experts.
Corvus Insurance offers insurance products in the U.S., Middle East, Europe, Canada, and Australia. Corvus Insurance, Corvus London Markets, and Corvus Germany are the marketing names used to refer to Corvus Insurance Agency, LLC; Corvus Agency Limited; and Corvus Underwriting GmbH. All entities are subsidiaries of Corvus Insurance Holdings, Inc. For more information, visit corvusinsurance.com.
Contact:
Kerry Pillion
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