The Travelers Companies has this week completed its previously announced acquisition of Corvus Insurance Holdings Inc.

The cyber insurance managing general underwriter supports customers with a proprietary suite of integrated sales, underwriting, service and support capabilities, through which it identifies vulnerabilities throughout the policy period.

“We have forged a strong strategic partnership with the talented team at Corvus over the past year and we are pleased to officially welcome them to the Travelers family,” said Alan Schnitzer, chairman and chief executive officer of Travelers. “With a proven platform and deep cyber underwriting and risk management expertise, Corvus brings to Travelers important cyber capabilities.”

Travelers funded the acquisition using internal resources.

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