Cyber Re/Insurance MGA, Envelop Risk, Announces $130 Million Series B Financing

Envelop Risk, the UK-based cyber re/insurance managing general agent, announced a Series B investment of $130 million, led by SoftBank Vision Fund 2. The financing will facilitate Envelop Risk’s plans to expand its proprietary machine-learning and data-driven underwriting activity in …

from News – Insurance Journal https://ift.tt/3tDgAt7