Phil Edmundson ’80 is a serial entrepreneur who founded Corvus Insurance Holdings in 2017, a company that leverages new data and artificial technology to better manage cyber risk and reduce cybercrime. Utilizing novel data sources with a customer-friendly digital data platform called the CrowBar™, Corvus predicts and prevents claims, improves underwriting, and provides data analytics and business intelligence to brokers and policyholders.
Phil is the Managing Partner of Edmus Ventures, where he invests in InsurTech companies, including Verifly, Wellthie, Openly, Agentero, Cover Wallet, reThought, Shepherd and others, and served on the board of Cover Wallet prior to its sale to Aon. He serves on the Board of Trustees of the Boston Symphony Orchestra and the Cornell Laboratory of Ornithology. He also is the Vice Chair of the Trustees of Reservations, a conservation organization.
Phil graduated from Amherst College with a degree in Psychology/Neuroscience, where he was elected to Sigma Xi, the national scientific honor society. He holds a Master of Business Administration degree with honors from Babson College and a Masters of Public Policy degree from the Kennedy School at Harvard University.
Prior to Corvus, Phil co-founded and served as Chairman & CEO of the brokerage firm William Gallagher Associates, eventually acquired by Arthur J Gallagher. In addition, Phil has been an active leader in the Worldwide Broker Network, a Director of the Council of Insurance Agents and Brokers (CIAB), and Chair of the Alliance for Business Leadership. In 2006, Phil advocated successfully for the campaign for Massachusetts Healthcare Reform (the model for Obamacare) while serving as Chairman of Affordable Care Today, a coalition of business, consumer, provider, and labor organizations.
Q3. What impact do you hope to have through your career?
A. To improve societal outcomes using insurance as a force for good.