Corvus, Skyward Specialty to Offer Cyber Coverage for Cargo Risks April 16, 2021
Corvus Insurance, a provider of commercial insurance products powered by AI-driven risk data, and Skyward Specialty Insurance Group, a specialty property and casualty market, have partnered partnership to expand Corvus’ Smart Cargo + Cyber offering. The announcement comes after Corvus’s $100 million Series C fundraising round which brought the company to a $750 million valuation.
Corvus Smart Cargo + Cyber insurance is a data-driven ocean cargo policy with a cargo cyber liability endorsement designed to cover risks (such as business interruption) that occur when a cyber-attack halts or diverts goods in transit. The Skyward Specialty/Corvus partnership expands Corvus’ to new industries and allows it to analyze larger risks with Skyward Specialty’s underwriting, risk analytics and technology.
Houston’s Skyward Specialty Names Burkhart President of Specialty Lines January 26, 2021
Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has appointed John Burkhart president of specialty lines with oversight of Executive and Professional Liability, Healthcare Professional Liability, Surety, E&S and the A&H businesses.
Burkhart brings 28 years of experience and has held progressively broader management roles at QBE North America and Chubb.
At QBE North America, Burkhart oversaw Management Liability, Professional Liability, Financial Institutions, Healthcare and Transactional Liability.
Previously at Chubb, his responsibilities included regional leadership in the Specialty Underwriting Center and serving as the UK and Ireland Specialty Underwriting leader, as well as Global FI product management. T
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Westaim Announces the Acquisition by Skyward Specialty Insurance Group of Aegis Surety and Sale of XPro Business, Both With K2 Insurance Services
January 20, 2021 GMT
TORONTO (BUSINESS WIRE) Jan 20, 2021
The Westaim Corporation (“Westaim”) (TSXV: WED) today announced Skyward Specialty Insurance Group, Inc. (“Skyward Specialty”), a leader in the specialty Property and Casualty market and a subsidiary of Westaim, acquired Aegis Surety and the simultaneous sale of XPro (solutions for the Pest Control industry). K2 Insurance Services is both the seller of Aegis Surety and the buyer of XPro.
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Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”), a leader in the specialty property and casualty market, announced today that professional liability insurance executive Brenda Craig has been named Senior Vice President with responsibility to lead its new Healthcare Professional Liability business.
Craig brings over 20 years of healthcare and life sciences professional liability experience and has held progressively broader management roles, most recently as President of Healthcare at One Beacon Insurance. Prior to her 12 years at One Beacon, Craig spent five years at James River Insurance where she was Vice President of Healthcare.
“I have been very impressed by the progress Skyward Specialty has made in such a short amount of time and the leadership team’s commitment to building a pre-eminent specialty insurance company. I am excited to join this exceptional gro