https://www.enveloprisk.com | United Kingdom | 2016 | $136M
Envelop Risk is a United Kingdom-based global specialty cyber insurance analytics and underwriting firm. The company has developed an AI-based simulation model that helps insurance and reinsurance firms better understand and quantify cyber risk. Envelop Risk’s proprietary technology combines various data sources and analytical approaches to provide unique insights into cyber exposures. The key individuals involved in the development and leadership of Envelop Risk include co-founder and CEO Jonathan Spry, Chief Underwriting Officer Ari Chatterjee, and board member Dr. Ray O. Johnson, a former Lockheed Martin executive. Envelop Risk has received funding, including a Series A investment led by AI-specialist investor Alpha Intelligence Capital.