Envelop Risk hits $1 billion gross written premiums

Envelop Risk , a cyber reinsurance and analytics specialist, announced reaching $1 billion in gross written premiums since its launch in 2018, alongside a compound annual growth rate of 40%. The company recently finalized a three-year capacity agreement with MS Reinsurance, which also became a client of Envelop’s Solutions Business under a multi-year analytics services agreement.

The company now supports 30 partners underwriting cyber risks in multiple regions. Its Solutions Business, launched in 2024, provides analytics to improve cyber performance for cedants.

Envelop plans to expand globally.