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.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com