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3 September 2025News

Envelop Risk boosts cyber team with senior underwriting hires in Bermuda and London

London-based cyber MGA Envelop Risk has strengthened its bench with a trio of senior underwriting appointments across its Bermuda and London platforms.

The MGA has added Michael Murdoch-Smith (pictured left) as senior vice president, underwriter, and JayLynn Hines (pictured middle) as vice president, underwriter – both at its Bermuda office. Sarah Kennerley (pictured right) joins as vice president, underwriter in London.

Murdoch-Smith will report directly to Dominic Peters, CEO of Envelop Underwriting, while Hines in turn will report to Murdoch-Smith. Kennerley will report to Chris Baddeley, senior vice president and head of cyber (London) Active underwriter for SPA 1925.

Murdoch-Smith brings an impressive track record with more than 20 years of insurance industry experience. He will be responsible for delivery of the cyber strategy for Envelop in their Bermuda platform. He joins from Park Indemnity where he was head of cyber underwriting, building out their global cyber programme. Prior to this, Murdoch-Smith spent 15 years at Allied World.

Hines brings 10 years’ worth of experience to Envelop Risk and will be responsible for supporting the delivery of the cyber strategy in Bermuda. Hines joins Envelop Risk from Ariel Re BDA where she was assistant vice president, underwriter – cyber, leading underwriting across the cyber treaty portfolio. Before joining Ariel Re BDA, she worked for Chubb Canada as assistant underwriter.

With 9 years’ cyber underwriting experience, Kennerley will be responsible for supporting the delivery of the cyber strategy for Envelop in their London platform. Kennerley joins from Axis Capital where she was previously open market cyber co lead, and has held various other underwriting and broking roles in London.

Peters said: “We are delighted to welcome Michael, JayLynn and Sarah to Envelop Risk in our Bermuda and London platforms. Together, they bring an exceptional depth of experience and expertise that will further enhance our ability to deliver top-tier solutions for our clients and capital partners globally. Their arrival marks an exciting new chapter for Envelop Risk.”

Murdoch-Smith added: "I am thrilled to be joining the talented Envelop Risk team at a pivotal time in the cyber risk landscape. As threats evolve and complexity grows, I’m passionate about delivering forward-thinking solutions that truly serve our clients’ needs. I look forward to building strong, trusted relationships with our clients and service partners, and collaborating with our experienced underwriters, cyber threat intelligence experts and data scientists."

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