The platform offers a comprehensive range of support for insurers and reinsurers seeking to enhance their cyber performance.

Envelop Risk Solutions provides tailored services to clients across various stages of their cyber journey, from those building a cyber program from the ground up to international reinsurers aiming to expand their operations. The scope of support extends from technical assistance to advisory services across the entire capital management spectrum, encompassing cyber underwriting and strategy, modeling, capital metrics, market analytics, product development, threat intelligence, reinsurance operations automation, and global cyber risk forecasting.

Paul Guthrie, Co-founder of Envelop Risk, will be leading the Envelop Risk Solutions business area on an interim basis. Prior to joining Envelop Risk, Guthrie held leadership positions in artificial intelligence and technology integration projects for global investment banks, asset managers, aerospace & defense firms, and even NASA.

“Envelop was founded to enable sustainable industry growth through the intelligent application of advanced analytics technology to best practices in capital management and underwriting,” said Jonathan Spry, Envelop co-founder and CEO.

He added: “Cyber remains a growing and potentially very profitable area but it requires specialisation to accept risks safely. We offer our capital partners the most detailed and rigorous assessment of their cyber portfolios in the industry. With a view to increasing the resiliency of the global cyber market, it’s a pleasure to open our tool kit to help our industry partners, large and small, hit their strategic targets.”