Cyber-reinsurance specialist Envelop Risk has expanded its Bermuda operations with the appointment of Jacquelynn Morley, a seasoned underwriter with nearly two decades of industry experience.

Ms Morley joins the data-driven analytics firm from Allianz Risk Transfer, where she spent nine years as a senior underwriter in the insurance-linked securities fronting space. She previously held a senior underwriting role at Platinum Underwriters Bermuda, working in the North American property catastrophe market.

Her new role strengthens Envelop’s presence in Bermuda, described by the company as a “key strategic hub”, as it continues to grow its global cyber-reinsurance portfolio.

“We are delighted to welcome Jacquelynn to Envelop,” said Dominic Peters, chief executive of Envelop Underwriting. “Her broad experience across both reinsurance and the ILS space will be invaluable as we continue to build our global-leading cyber proposition and invest further in our presence in Bermuda.”

Ms Morley said: “The opportunity to be part of a truly innovative ecosystem, helping to develop next-generation risk solutions and build strategic partnerships, is one I’m incredibly excited about.”