Envelop Risk has launched Envelop Underwriting, which will encompass all existing underwriting activities in Bermuda and Lloyd’s. In addition the firm has appointed Dom Peters as CEO.
Peters will report to co-founder and group CEO Jonathan Spry. He will oversee the management and governance functions of Envelop’s underwriting activities.
He will also further develop Envelop’s growth strategy and assist with underwriting product development.
Peters brings more than 27 years of industry experience to Envelop, joining from Dale Underwriting Partners (Syndicate 1729), where he was active underwriter since 2021. Prior to that, he was chief underwriting officer of MS Amlin’s global reinsurance business unit.
Spry states: “Envelop Underwriting unifies all our underwriting operations under one strategic framework, which will enhance our underwriting focus and help accelerate Envelop’s growth into new markets.”
Peters adds: “Aligning the underwriting activities of Envelop under a single unit creates huge potential for the business and its significance as a supporter of the fast-developing global cyber market.
“I am excited to lead this new division and look forward to working closely with Jonathan and the talented underwriting teams to realise that potential.”