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15 September 2022

Envelop Capital Markets launches in Bermuda

Envelop Risk has launched a Bermuda-based Envelop Capital Markets practice, which will underwrite transactions from Envelop’s own Class 3A Reinsurer, Augmented Re, and will also structure and underwrite transactions on behalf of ILS funds.

It will be led by underwriter and insurance-linked securities (ILS) specialist, David Ross, who said: “At Envelop Capital Markets we match cyber risk with capital and expect ILS investors to be a growing part of this capital base. I look forward to developing Envelop Capital Markets into the primary global risk transfer hub for cyber risk.”

Ross will work closely with Envelop Risk CUO Ari Chatterjee in Bermuda, and Envelop’s cyber risk and portfolio analytics teams in the UK.

Jonathan Spry, Envelop’s co-founder and chief executive officer, added, “We all know capacity is at a premium throughout the value chain; we seek to unlock growth by aligning capital deployment needs with investment opportunities that expand the business of our insurance and MGA clients.”




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15 September 2021   Cyber reinsurance MGA to boost underwriting in London and Bermuda

More on this story

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15 September 2021   Cyber reinsurance MGA to boost underwriting in London and Bermuda