MS Amlin buys stake in Envelop Risk

  • Minority stake: MS Amlin's James Few will be taking a seat on the Envelop Risk board

    Minority stake: MS Amlin's James Few will be taking a seat on the Envelop Risk board


MS Amlin has acquired a strategic stake in Envelop Risk, a global specialist reinsurance managing general agency with a focus on artificial intelligence-driven cyber-risk modelling.

The investment sees MS Amlin take a minority strategic stake in the firm, further strengthening the strategic relationship between the two companies, both of which have offices in Bermuda.

In addition to the equity stake, MS Amlin also announces that James Few, its global managing director of reinsurance, has been appointed to the board of Envelop.

In 2018 MS Amlin and Envelop commenced their cyber reinsurance partnership covering non-proportional and proportional structures with MS Amlin acting as the capacity provider. Underwriting started in November 2018.

Mr Few said: “Envelop Risk is a pioneer in the cyber insurance and reinsurance market and it is a real honour to be serving on the board. The recent investment by MS Amlin demonstrates the commitment we have to the company and we are excited to see what this partnership can achieve.”

Jonathan Spry, chief executive officer of Envelop, said: “We welcome the investment and working relationship with MS Amlin, which will support the development and expansion of our business.

“The appointment of James to the board further aligns our strategic priorities with MS Amlin and his industry experience and insight will be invaluable. We are delighted to welcome him to the Envelop family.”

You must be registered or signed-in to post comment or to vote.

Published May 22, 2019 at 8:00 am (Updated May 22, 2019 at 8:51 am)

MS Amlin buys stake in Envelop Risk

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    Today's Obituaries

    eMoo Posts