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Insurtech Corvus Insurance Holdings Inc. said Wednesday it is partnering with Core Specialty Insurance Holdings Inc. to expand Corvus’ excess technology errors and omissions and cyber product, providing up to $5 million in coverage for companies with revenue of up to $500 million.
The program, which will be written on Cincinnati-based Core Specialty’s paper, includes tech E&O coverage as well as a suite of cyber coverages on an excess basis, Boston-based Corvus said in a statement.
It is supported by a panel of reinsurers as well as risks taken through Corvus’ captive, Corvus Reinsurance Co. Corvus will have full management of the policies.