Corvus Insurance vs Applied Epic
Side-by-side comparison of AI visibility scores, market position, and capabilities
AI-powered cyber and tech E&O insurance with data-driven underwriting; Boston-based; distributes via brokers with proprietary risk advisory reports for healthcare and financial services.
About
Corvus Insurance is a Boston-based insurtech company that provides cyber liability, tech E&O, and miscellaneous professional liability insurance through an AI-powered underwriting platform. Corvus uses machine learning to analyze thousands of data signals about a company's digital footprint, supply chain dependencies, and security posture to generate dynamic risk assessments that inform pricing and policy terms. The company distributes exclusively through wholesale and retail brokers, providing them with a proprietary risk advisory report alongside each quote that helps brokers add value to their client conversations. Corvus serves a wide range of industries and business sizes, with particular strength in healthcare, financial services, and technology. Founded in 2017, Corvus raised over $100M from investors including Insight Partners, .406 Ventures, and General Catalyst. In 2023, Corvus was acquired by Travelers, one of the largest U.S. commercial insurers, accelerating its distribution and balance sheet capacity.
Applied Systems agency management platform for 40,000+ independent insurance agencies with policy, accounting, and carrier integration workflows; competing with Vertafore AMS360 for insurance agency software.
About
Applied Epic is the flagship agency management system (AMS) from Applied Systems — a Chicago-based insurance technology company providing end-to-end management software for independent insurance agencies and brokerages. Applied Epic centralizes the complete agency workflow: client and policy management, certificate of insurance generation, accounting and commission tracking, renewal workflows, marketing submissions to carriers, and agency analytics — replacing the legacy paper-based and disconnected software systems that have historically characterized independent insurance agency operations. Applied Systems serves 40,000+ insurance agencies and brokerages across the US, Canada, UK, and Ireland.
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