Corvus Insurance, a commercial cyber insurance provider, has announced the acquisition of the cyber underwriting platform Tarian Underwriting Ltd. from Beat Capital Partners for an undisclosed amount.

The deal marks Corvus Insurance as the first cyber InsurTech company to acquire an underwriting platform in London. Tarian Underwriting will be rebranded as Corvus Underwriting Ltd. following the acquisition.

Founded in 2016, Tarian Underwriting is an underwriter of cyber and technology insurance risks. Tarian Underwriting creates tailored solutions and underwrites on behalf of a consortium of Lloyd’s syndicates. The company operates in the UK, US, Middle East, Canada, and Australia.

The acquisition will help Corvus Insurance expand its international footprint across Europe, Africa, and Australia while providing it with global underwriting capability and access to Lloyd’s cyber insurance capacity.