Following on from its $6 million Q2 Series A investment, top global insurtech firm delivers AI-driven quantification to cyber risk
London, UK – 28th October 2020 – Today, Dataiku, one of the world’s leading Enterprise AI and machine learning platforms, has announced its partnership with global specialty cyber underwriting specialist Envelop Risk. Envelop Risk is working with Dataiku to model and mitigate cyber and other forms of complex, unprotected risk for insurers.
Envelop Risk specialises in applying machine learning to complex corporate risks. In May, the firm announced a Series A investment of $6 million, led by AI-specialist investor Alpha Intelligence Capital. Since launch, Envelop Risk has underwritten well over $100 million in premium, placing it among the top insurtech firms globally by this metric. The firm operates as a lead market in cyber reinsurance, in partnership with MS Amlin.
Envelop Risk’s founding team and directors combine decades of leadership experience in both insurance and deep tech enterprises such as aerospace and defense. The firm reconceived how machine learning, human expertise, and underwriting can be integrated, using Dataiku’s…
