Boston based commercial insurer raised $32m in Series B funding led by Telstra Ventures.
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Corvus raises $32m to inject AI into insurance products
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“Commercial insurance is one of the last industries to fully embrace data science and digital tools as a means to improve user experience for all stakeholders while avoiding unnecessary risk,” said Bartram, who plans to join the company’s board of directors. “Massive opportunity exists to dominate the tech-enabled era of the commercial insurance industry, and we believe Corvus will play a role given their deep roots in the insurance industry and technology-led approach to product development.”
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