Travelers completes Corvus buy

deal-completed

The purchase of cyber specialist managing general underwriter Corvus Insurance went through on 2 January, Travelers has confirmed.

The $435m (£351m) deal, funded through Travelers’ own resources, was first announced in November last year.

Founded in 2017, Corvus gained a foothold in the UK when it acquired Tarian Underwriting from Beat Capital Partners at the beginning of 2022.

RelatedTravelers snaps up cyber specialist for $435m 

Alan Schnitzer, CEO of Travelers, said: “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

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