Mike Lloyd
About Mike Lloyd
Mike Lloyd is the Co-Founder and COO of Corvus Insurance Holdings, Inc., with a strong background in the insurance and venture capital sectors. He co-founded Poncho, an InsurTech startup, and holds an MBA from Harvard Business School and engineering degrees from MIT and Virginia Military Institute.
Work at Corvus Insurance
Mike Lloyd serves as the Co-Founder and Chief Operating Officer at Corvus Insurance Holdings, Inc. since 2017. In this role, he has contributed to the strategic direction and operational management of the company. His leadership has been instrumental in establishing Corvus as a significant player in the insurance sector. Under his guidance, the company has achieved substantial growth and recognition within the industry.
Previous Experience in InsurTech
Prior to his role at Corvus Insurance, Mike Lloyd co-founded Poncho, a personal lines agency InsurTech startup, where he served as Founder and CEO from 2015 to 2016. His experience at Poncho provided him with valuable insights into the insurance market and technology integration. Additionally, he worked as a Product Manager at Kyruus from 2012 to 2013, further enhancing his expertise in product development within the healthcare sector.
Education and Expertise
Mike Lloyd holds an MBA from Harvard Business School, where he studied Entrepreneurship. He also earned a Master of Science in Building Technology from the Massachusetts Institute of Technology (MIT) and a Bachelor of Science in Mechanical Engineering from the Virginia Military Institute. His educational background equips him with a strong foundation in both business management and engineering principles.
Background in Venture Capital
Mike Lloyd has a background in venture capital, having worked as a venture capitalist at FJ Labs from 2014 to 2015. This experience allowed him to gain insights into startup funding and investment strategies. His role at FJ Labs complemented his entrepreneurial endeavors and provided him with a broader perspective on the startup ecosystem.
Achievements in the Insurance Industry
During his tenure at Corvus Insurance, Mike Lloyd played a key role in the acquisition of the company by Travelers for $435 million. This significant transaction underscores his impact on the organization and highlights his ability to navigate complex business negotiations within the insurance industry.