Announced
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United States
smart commercial insurance
Insurance Brokers
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Acquisition
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Private
Domestic
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Completed
Synopsis
The Travelers Companies, a provider of property casualty insurance, completed the acquisition of Corvus Insurance, a cyber insurance managing general underwriter, for $435m. “We have forged a strong strategic partnership with the talented team at Corvus over the past year, and we are pleased to officially welcome them to the Travelers family. With a proven platform and deep cyber underwriting and risk management expertise, Corvus brings to Travelers important cyber capabilities,” Alan Schnitzer, Travelers Chairman and CEO.
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