11th September 2018 – Author: Charlie Wood
Global re/insurer MS Amlin is partnering with the recently-launched cyber insurance analytics firm Envelop Risk on solutions for the reinsurance market.
Under the terms of the partnership, Envelop Risk and MS Amlin will underwrite a cyber reinsurance portfolio with MS Amlin AG as capacity provider.
Led by Envelop Risk Chief Underwriting Officer Ari Chatterjee, Envelop will be responsible for the sourcing, underwriting, product development and marketing of any potential cyber reinsurance deals, while MS Amlin will assist with risk management and advising on the reported claims.
“We are delighted to be partnering with MS Amlin, to address the material and growing reinsurance of cyber related risks, embracing the complexity which has to date prevented an efficient risk transfer market developing, said Envelop Risk Chief Executive Officer, Jonathan Spry
“We believe MS Amlin’s global capability and expertise to be an ideal fit for our approach, underpinned by Envelop’s proprietary AI analytics.”
The portfolio will cover both proportional and non-proportional structures, and target multiple geographies. Underwriting capacity…
