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Corvus Insurance uses AI-powered tools to provide smart commercial insurance through brokers, focusing on risk management. Its flagship Corvus Score, derived from the Corvus Scan, measures an organization’s IT security by assessing vulnerabilities to tailor pricing and coverage. The platform centralizes risk data and documents to streamline administration and support transparent broker-client interactions. The goal is to improve the efficiency and effectiveness of commercial insurance by enabling better risk prediction, prevention, and data-backed pricing for brokers and clients.
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Financial Services
Company Size
51-200
Company Stage
Acquired
Total Funding
$160.8M
Headquarters
Boston, Massachusetts
Founded
2017
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Total Funding
$160.8M
Meets
Industry Average
Funded Over
6 Rounds
Unlimited PTO
Hybrid Work Environment
Professional Development
Paid Parental Leave
401(k) Company Match
Health, Dental & Vision Insurance
Insurance moves: HDI, Assurity, Hiscox, C&F, fortegra, RLI, Alliant, Coverys, more. They include a new cyber head and a new regional VP. Eight US insurance organizations have announced senior appointments this week spanning cyber underwriting, stop loss, medical professional liability, employee benefits, claims and actuarial reserving - a broad cross-section that reflects where the industry is directing leadership capital as the second half of 2026 approaches. HDI Global names cyber head. HDI Global US has appointed Jill Salmon (pictured, left) as head of cyber underwriting. Salmon joins from Berkshire Hathaway Specialty Insurance, where she served as head of professional liability with responsibility for the cyber and E&O portfolio. She has also held positions at Lexington, Catlin and CNA across a career of more than 12 years in the specialty lines market. Marco Hensel, chief underwriting officer and senior vice president at HDI Global, said Salmon's "deep expertise in the cyber space, proven leadership, and strong market presence will further enhance our capabilities as we continue to focus on underwriting excellence and disciplined growth in the US market." Assurity names regional VP. Assurity has appointed Eugene Zollinger (pictured, center) as regional vice president for South Texas and Louisiana. Zollinger joins from Crump Life Insurance Services and brings worksite and individual voluntary insurance experience across a career that began in 2017. "Because I started in insurance opening up an independent agency from scratch, I'm passionate about the independent space. Assurity offers tremendous support and opportunities for independent brokers," he said. Hiscox USA appoints channel head. Hiscox USA has named Lori Bailey (pictured, right) as head of channel, traded and Corix, reporting to CEO Mary Boyd. Bailey joins from Axis, where she served as head of global cyber and technology, and previously held the role of chief insurance officer at Corvus Insurance. She brings nearly 30 years of industry experience spanning professional liability, specialty lines and cyber risk. "Lori brings deep industry knowledge to the role and proven success leading key risk areas including professional liability, cyber, and specialty lines," said Boyd. "Lori will be a strategic and trusted partner to our brokers and an inspiring leader for our teams, helping drive Corix's continued growth while building on the strong momentum already underway at Hiscox." Crum & Forster hires stop loss VP. Crum & Forster's Accident & Health Division has appointed Brett Feldman as vice president of C&F Stop Loss Underwriting within its Medical Business Unit. Feldman joins from Captive Resources, Inc., where he served as head of MSL underwriting and built out the company's Health Solutions Underwriting function. Earlier career stops include Berkley, Reunion Health Services and Liberty Mutual. In 2025 he was named to Captive International's Forty Under 40 list. The hire arrives as stop loss demand intensifies. Total health benefit costs per employee are expected to rise 6.5% on average in 2026 - the highest increase since 2010 - even after planned cost-reduction measures. Claims in excess of $1 million are now reported by 49% of plan sponsors surveyed, up from 23% in 2024, while stop loss premium increases for 2025 ran between 8.8% and 10%. RLI promotes claims leader. RLI Corp. has promoted Kevin Brownell to vice president of claim, assuming executive leadership of the company's casualty claim operations. Brownell joined RLI in 2018, was promoted to assistant vice president in 2023, and brings more than 25 years of insurance claims and legal experience. "Kevin is a respected leader with deep claims expertise, sound judgment and a strong commitment to service excellence," said RLI Corp. COO Jen Klobnak. "His contributions have helped strengthen our Casualty claim operations, enhancing technical excellence and customer service." Coverys elects new board member. Coverys has elected Michael Boguski to its board of directors. Boguski retired in December 2023 as president of the Specialty P&C Division at ProAssurance and brings nearly 40 years of industry experience, including serving as CEO of Eastern Insurance Holdings and overseeing approximately $800 million in insurance transactions across public offerings, private equity financings and M&A activity. "Michael brings a wealth of insurance industry leadership experience and a distinguished track record in strategic planning, mergers and acquisitions, capital management, and public company governance," said Coverys president and CEO Joseph Murphy. "With more than 25 years of board experience and deep expertise across the commercial casualty market, he will provide valuable insight as Coverys continues to execute its long-term strategy." Sunstar names national growth leader. Sunstar Insurance Group has appointed Brad Hearst as executive vice president of national growth and sales strategy. Hearst will lead producer development, sales strategy and practice group alignment across the firm's nine-state operation, which employs more than 900 people and places over $2 billion in premiums annually. Sunstar is backed by Reverence Capital Partners, which acquired a majority stake in 2024. Fortegra appoints reserving chief. Fortegra Group has named Anthony Katz as senior vice president of reserving. Katz holds FCAS, FSA and MAAA designations and brings more than 30 years of experience across reserving, pricing and actuarial transformation at firms including ToaRe, Everest Re, Arch Insurance, Ernst & Young and ACE. "Anthony brings more than 30 years of actuarial expertise and a genuine commitment to building the capabilities our distribution partners depend on," said CEO Rick Kahlbaugh. "His background across reserving, actuarial transformation, and international markets will be instrumental as we continue to support our distribution partners." Alliant adds employee benefits SVP. Alliant Insurance Services has hired Brandon Ward as senior vice president within its Employee Benefits Group. Ward brings experience advising technology companies, venture-backed businesses and growth-stage organisations on human capital management, total rewards consulting and workforce strategy through periods of rapid growth and M&A. Further detail on his prior employer was not provided at the time of publication.
With two decades of industry experience, Feldman is joining Boost from Corvus Insurance, where she most recently served as Risk Capital VP.
Mike Lloyd, the co-founder and former COO of cyber insurance startup. Corvus Insurance, <i class="fa fa-info-circle company-popover" data-content="h3Corvus Insurance/h3. div
Corvus Insurance, a wholly owned subsidiary of The Travelers Companies, Inc., has released its Q2 2024 Cyber Threat Report, Ransomware Season Arrives Early. Featuring data collected from ransomware leak sites, the report identified 1,248 ransomware victims in Q2, the second most the company has recorded in a single quarter.During the quarter, new ransomware groups, including PLAY, Medusa, RansomHub, INC Ransom, BlackSuit and some additional lesser-known factions, led a series of attacks that eclipsed the first quarter of this year by 16% and the second quarter of 2023 by 8%. These new threat actors emerged following the takedown of LockBit and BlackCat by international law enforcement.Ransomware Demands and Payouts on the RiseBased on Corvus data, the Q2 report found that the average ransomware demand reached $1,571,667. That represents a quarterly increase of 102% and the highest figure Corvus has reported since the second quarter of 2022. The average ransom payment also reached a new high of $626,415.According to the research, a company’s backup strategies can impact payouts. Businesses without robust backups are more than twice as likely to surrender to ransom demands during an attack
Fintech companies in Boston and the wider fintech industry in the city is undergoing a period of transformative rapid growth and innovation. As a hub for cutting-edge financial technology, Boston is home to a ecosystem of fintech startups and established companies that are reshaping the way digital financial services are delivered.By harnessing the power of advanced technologies, fintech companies in Boston are not only enhancing the accessibility and efficiency of financial services but also setting new standards for customer experience. In this dynamic environment, Boston’s fintech companies are playing a crucial role in driving the future of finance, both locally and globally.Leading fintech companies in Boston range from providers of global payments, small business lenders, digital banks as well as digital voice solutionsFlywire: Flywire are a global payments enablement and software company who combine their proprietary global payments network, next-gen payments platform and vertical-specific software to deliver complex payments for their clients and customers. Flywire recently acquired Invoiced, a SaaS platform that enables B2B finance teams and the “Office of the CFO” to automate the critical order-to-cash process.Forward: Forward Financing are fintech company based in Boston who provide fast and flexible working capital to small businesses in the US that have been underserved by traditional financing options. Forward offers revenue-based financing and deliver an upfront sum of working capital in exchange for a set amount of the business’s future revenue.Stride: Stride are a Boston based outcomes-oriented fintech who offer flexible funding products such as Income Share Agreements and Deferred Tuition Agreements that supplement student loans. Stride and its founder have been recognized by Forbes, Harvard and MIT for their fintech innovations and social impact
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
Financial Services
Company Size
51-200
Company Stage
Acquired
Total Funding
$160.8M
Headquarters
Boston, Massachusetts
Founded
2017
Find jobs on Simplify and start your career today