Corvus acquired Tarian Underwriting Limited, a London-based cyber platform that underwrites on behalf of a consortium of Lloyd’s syndicates. With Tarian, Corvus will expand its international footprint in the UK, Middle East, Canada, and Australia.
The strategic acquisition combines Tarian's global cyber underwriting capabilities and access to Lloyd's capacity with Corvus' leading cyber risk technology. The team at Tarian, led by CEO Geoff Pryor-White, will join Corvus post closing. Tarian will be rebranded to Corvus Underwriting Limited.
This is Corvus' first acquisition since raising its $115m Series C round in the spring of 2021. MTech Capital has been an investor in Corvus since 2020.
“Corvus is now the world’s leading Cyber InsurTech. By bringing Tarian into the Corvus fold, we are expanding our international footprint into Europe, Africa, and Australia with an experienced and proven team of underwriters,” said Phil Edmundson, Founder and CEO of Corvus Insurance. “Tarian has expanded its capacity for 2022, which is a testament to its underwriting discipline and strategy. We are thrilled to continue this growth and to bring the entire Tarian team on board, as they share our mission to make the world a safer place.”