Boston insurance-tech startup Corvus to double workforce with $100 million investment msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
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Company Begins 2021 with 250% Year-over-Year Growth, Technological Innovations, and Milestone New Hires
BOSTON, MA / ACCESSWIRE / January 21, 2021 / Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced that it exited 2020 at a $100M annual premium run rate, capping off a year that was marked by accelerated growth for the company. Corvus spent 2020 executing on a plan to reimagine commercial insurance, recognizing the market reality that traditional insurers are not meeting the dynamic needs of brokers and policyholders. Continual technological advancements throughout the year have placed Corvus in a leadership position across multiple commercial insurance products, dramatically increasing adoption and overall growth metrics.