Software Engineering Manager, Corvus Insurance
AI-driven commercial insurance platform
Job no longer available
AI-driven commercial insurance platform
201-500 employees
Job no longer available
201-500 employees
Company mission
Corvus Insurance's mission is to make the world a safer place by helping its policyholders to predict and prevent adverse events, as well as supplying the coverage that helps them withstand events when they do happen.
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Company mission
Corvus Insurance's mission is to make the world a safer place by helping its policyholders to predict and prevent adverse events, as well as supplying the coverage that helps them withstand events when they do happen.
44% employee growth in 12 months
Our take
Initially started as a Smart Cargo Insurance provider, Corvus pivoted to cyber insurance in mid-2018. Its platform leverages artificial intelligence to more accurately identify and eliminate risks, reducing insurance claims.
As software has become widespread, so has the risk of being exploited by cybercriminals. The global cyber insurance market could be worth more than $7 billion, including $5.3 billion in the U.S alone. The global market is expected to reach more than $20 billion by 2025.
Corvus kicked off 2022 with its acquisition of Tarian Underwriting Limited, a leading cyber underwriting platform, and the hiring of new executive team members to continue expanding its global presence.
Corvus' founder and CEO says that going forward, the focus will be on scaling and increasing the firm's share of the market, taking advantage of advances in generative AI to improve its underwriting performance. Moves like this will put Corvus in a good position to continue its streak of rapid growth in recent years and should strengthen its competitive edge in the crowded and turbulent cyber insurance market.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 12 weeks paid parental leave
- Unlimited PTO
- Company equity
- Company Holidays
- 401k plan
- Pre-tax commuter benefits
- Flexible working hours and locations
- Health, Dental & Vision Insurance
Funding (last 2 of 5 rounds)
May 2021
$15m
SERIES C
Mar 2021
$100m
SERIES C
Total funding: $160.8m
This company has top investors
Leadership
Phil Edmundson
(CEO)Worked as an Executive at Willis Towers Watson for 3 years before spending 37 as an Arthur J. Gallagher Area Chairman and taking a Master's in Public Policy at Harvard. Founded Corvus Insurance in December 2016, alongside being a Managing Partner of Edmus Ventures.