Boston-based cyber insurance company Corvus has announced the acquisition of UK-based cyber underwriting platform Tarian Underwriting Limited from Beat Capital Partners.
Following the acquisition, Tarian will become Corvus Underwriting Limited. Corvus claims it is the first insurtech company to acquire a London underwriting platform. Tarian’s global presence will help Corvus expand its international footprint, and Corvus will gain access to Lloyd’s cyber insurance capacity. Financial terms have not been disclosed.
This is the second acquisition announced by Corvus. In August, the company acquired Wingman Insurance, which specializes in tech and cyber insurance. Corvus said at the time that the deal would help it enter the admitted coverage market and continue its growth.
Read More: Securityweek
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