Envelop Risk secures $130mn investment for expansion in new lines
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Envelop Risk secures $130mn investment for expansion in new lines

Cyber MGA Envelop Risk has secured $130mn in Series B investment to finance an expansion in machine learning underwriting and grow into markets beyond cyber (re)insurance.

Envelop Risk will use the proceeds to expand operations in cyber reinsurance, investing heavily in predictive analytics for assessing cyber risks for commercial entities.

The

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