Corvus, Core Specialty partner on E&O product

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.