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// 04 March, 2025

The data flywheel: Why “no data, no deal” is changing cyber insurance

By Cytora & Jonathan Spry, CEO at Envelop Risk

// Blog

Jonathan Spry, Envelop’s CEO, recently sat down with Juan de Castro, COO of Cytora, for an episode of Making Risk Flow. This was an insightful discussion on how AI and advanced analytics are transforming cyber insurance. They explore Envelop Risk’s “data flywheel” strategy, emphasising the power of data-driven decision-making in risk assessment. Jonathan shares how AI-driven underwriting has evolved over the past eight years, shifting from industry scepticism to widespread adoption.

They also discuss “augmented underwriting,” where AI enhances—rather than replaces—human expertise, especially in speciality insurance. The conversation extends to emerging risks, such as quantum computing’s impact on cybersecurity and how AI reshapes risk management across industries.

Listen to the full podcast episode below: