Cyber risk underwriting firm set up in UK

Envelop Risk Analytics Ltd. has been set up in the United Kingdom to focus on cyber risk underwriting and analytics, Artemis.bm reports. Envelop Risk plans to provide cyber underwriting services to insurers and reinsurers using its own proprietary artificial intelligence-based simulation model. The company has appointed Jonathan Spry as its chief executive. It plans to offer "more-accurate policy and portfolio pricing with increased access to capital markets."

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