Cyber underwriter Envelop Risk launches

Envelop Risk, a data analytics-led underwriting platform for
cyber (re)insurance products, has launched today under the
leadership of Jonathan Spry.
The start-up uses an MGA-type model but will also partner with
cyber security firms to create products which fill gaps in
currently available cyber coverage.
Envelop Risk, which has closed an initial seed funding round,
said it has a proprietary, artificial intelligence-based simulation
model that allows it to better evaluate cyber exposure and make