SiriusPoint

Cyber insurtech Corvus cuts 53 roles as headcount falls by 14%

Boston-based cyber MGA Corvus has let go of 53 staff - equal to 14 percent of its employee base - in a round of layoffs that has mostly affected business development roles in what is the latest example of an insurtech looking to lengthen its runway amid tight funding conditions.

SiriusPoint CFO Junius resigns to join Cowbell ahead of potential IPO

SiriusPoint CFO David Junius has resigned from the company to take the top financial post at cyber insurtech Cowbell, a move that sources have indicated is intended to help the company to gear up for a potential IPO in the next two years, The Insurer can reveal.

Corvus secures another $100mn premium capacity from SiriusPoint

SiriusPoint and R&Q Accredited have struck a deal with Corvus that gives the MGA an additional $100mn in premium capacity for its middle market cyber program, on top of the original multi-year capacity and investment deal announced last year, The Insurer can reveal.