• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us
  • Sponsor An Email
  • Post A Job
  • Merger & Acquisition Services

Agency Checklists

Massachusetts Insurance News & More

You are here: Home / Insurance News | Massachusetts / Insurtech | Innovation / With Wingman Insurance Acquisition, Corvus Insurance’s Accelerated Growth Strategy Takes Flight

With Wingman Insurance Acquisition, Corvus Insurance’s Accelerated Growth Strategy Takes Flight

August 10, 2021 by AC Editor

Boston-based smart commercial insurance provider Corvus Insurance has made its first agency acquisition. The company announced that it has acquired Wingman Insurance, a tech platform for admitted Cyber and Tech E&O coverage available in all 50 states and D.C.

Insurtechs in Boston

“The addition of Wingman into the Corvus fold represents a key milestone in the growth of our company,” said Phil Edmundson, founder and CEO of Corvus Insurance. “By expanding our footprint in the small and midsize business market and creating the ability to white label our solutions as we further explore multiple product lines, this addition creates new opportunities for Corvus as we launch an acquisition strategy and continue organic growth.”

Based in Cambridge, Maryland, Wingman Insurance was founded by former insurance agent G. Philip Feldman, who saw there was a need for a tech platform focused on providing Cyber and Tech E&O options that were easy for agents and brokers to sell. According to the terms of the transaction, Wingman Insurance will continue to operate as a separate independent brand.

“Corvus and Wingman share a like-minded philosophy around the need to create technology and software that empower brokers with intuitive tools that reduce administrative work and provide insight to better understand and inform their clients on complex risks,” said G. Philip Feldman, founder and CEO of Wingman Insurance.

“We’re excited to join the Corvus team as we together transform an industry through technology, data science and simplicity while continuing our commitment and passion for personal service.”

The addition builds on the momentum Corvus has created during 2021, spurred in part by the $115 million Series C funding the company secured earlier this year. In addition to accelerating its growth and geographic footprint through strategic acquisitions, the company also plans to double its employee headcount over the coming year.

Print Friendly, PDF & Email

Filed Under: Insurtech | Innovation, Latest News Tagged With: Agency Checklists, Corvus Insurance, insurance news massachusetts, massachusetts insurance news, New England Insurance News

Primary Sidebar

Sponsored

Sponsored

Latest Agency Sales

Patriot Growth Adds Two Employee Benefit Agencies in Massachusetts

Cross Insurance Acquires Two More Massachusetts Insurance Agencies & Opens A New Office in Newburyport

Q1-2022 Sees A Decline in U.S. Mergers & Acquisitions Activity

Insurance Agency Mergers & Acquisitions in Mass. | Q1-2022

Insurance Agency Mergers & Acquisitions in Mass. | Q1-2022

More Agency Sales

Career News

Two New Appointments At Preferred Mutual

Agency Checklists, MA Insurance News, Mass. Insurance News, MA Life Insurance Companies, Boston Mutual

Boston Mutual Life Insurance Company Appoints David Martin as Vice President and Chief Information Officer

Satellite Agency Network

SAN Group Announces Recipients of 2022 SAN Awards

Alera Group Expands Northeast Regional Leadership Team

A.I.M. Mutual Elects Daniel A. Landers President & Chief Executive Officer

A.I.M. Mutual Elects Daniel A. Landers President & Chief Executive Officer

In Memoriam

In Memoriam: Daniel Rizzo, 1937-2022

In Memoriam: Bruce MacDonald 1935-2022

In Memoriam: Bruce MacDonald 1935-2022

In Memoriam: William "Bill" Carter, Jr. 1932-2022

In Memoriam: William “Bill” Carter, Jr. 1932-2022

CAR News

17 Bullet Points on The New Insurance Labor Rate Report

2nd Look 2022: The Massachusetts Private Passenger Auto Insurance Marketplace

2nd Look 2022: The Commercial Auto Insurance Marketplace in Massachusetts

1st Look 2022: The Commercial Auto Insurance Marketplace in Massachusetts

View More CAR News

Massachusetts Law Updates

Front view of the Quincy Mass. Masonic Temple with Roman Columns

Confused Voicemail Leads to E&O and Coverage Suits

SJC Construed For 1st Time Meaning of “Doing Business As” In Relation to CGL Coverage.

5 Points On New Ruling: Unreasonable Storage Reduces ACV Payment

A short opinion with a disproportionate impact on first-party property damage total loss claims.

Agency Checklist article on COVID-19 Closings in Massachusetts

First State High-Court COVID-19 Decision On Business Interruption Claims

Dismissed by Superior Court, the restaurants took their appeal directly to the SJC.

Vermont Mutual Asks High Court to Reverse Decision $215,000 Attorney Fee Award Payable As Damages under Bodily Injury Coverage

An unusual case involving a breach of warranty claim under Chapter 93A and whether mandatory attorney fee awards apply.

More Mass. Law Updates

DOI News

The 2022 MA Home Insurance Report Part II | MA FAIR Plan Review

The 2022 MA Home Insurance Report | Part I

Mass. Business Entity License Renewals on Hold

DOI Fines Producer $1,250 For Prior Failures To Report After License Lapses

View More DOI News

Insurance Fraud

Quinn Group Ins. Owner’s Trial to Begin on Federal Benefit and Social Security Fraud Today

First Guilty Plea in No-Fault PIP Auto Insurance Fraud Scheme

GM Financial Will Pay Over $1.8 Million For GAP Coverage Refunds and Loan Violations

Insurance Agency To Pay $100,000 Fine And $515,000 In Restitution Under Consent Decree

More Insurance Fraud News

Footer

Agency Checklists

About us
Contact us

14 Summer Street
Suite 102
Malden, MA 02148
617-598-3800

Advertise on Agency Checklists

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

SEARCH OUR SITE

Explore Our Archives

Copyright © 2022 · Agency Checklists · All rights reserved.

 

Loading Comments...