Envelop Risk launches for cyber focus with Jonathan Spry as CEO
Artemis, April 19 2018
Envelop Risk launches for cyber focus with Jonathan Spry as CEO
A new firm named Envelop Risk has launched to focus on cyber risk underwriting and analytics provision with experienced reinsurance capital markets executive Jonathan Spry at the helm, suggesting that the company may well look to cyber insurance-linked securities (ILS) in future.
Envelop Risk aims to provide cyber underwriting services to insurance and reinsurance firms, utilising its own proprietary artificial intelligence-based simulation model to give it a unique insight into cyber risks and exposures.