Today the Corvus team is thrilled to announce Smart Tech E+O® Insurance, our data-enabled Tech E&O product with primary limits up to $5M.
This product has all the features you expect from a Tech E&O/Cyber Insurance policy, with broad form coverage for technology services, technology products, and professional services. It includes Corvus’s Smart Cyber Insurance® coverage with blanket Contingent Business Interruption and system failure, as well as up to $2M in cybercrime and social engineering coverage.
Crucially, Smart Tech E+O® also empowers brokers and policyholders to predict and prevent cyber insurance risks and claims through ongoing IT security scanning and scoring. We call this Dynamic Loss Prevention®.
If you’ve worked with Corvus before, you know that Dynamic Loss Prevention is at the heart of our Smart Cyber Insurance® policies. It drives our transparent underwriting and ongoing assessments of an organization’s cyber risk exposures. We’re excited to be bringing the value of the DLP to new policyholders in the technology and professional services industries.
Like our namesake birds, we’re tool builders at Corvus. We build our products with the express goal of sharing data and knowledge with brokers, so they are empowered to guide their clients to understand and improve their IT security.
Dynamic Loss Prevention Reports, delivered upon binding and quarterly during the policy year, offer access to the results of Corvus’s data science in an approachable, easy-to-digest way. The DLP Report contains detailed risk scoring and analysis of your client’s security vulnerabilities, along with explanations written in plain English that make sure you and your clients understand what’s behind the underwriting, and what they can do right now to improve their security.
We’re so excited to be able to serve more policyholders than ever with our new products, and there is much more to come. Send us your submissions today!
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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