Envelop Risk, a data-driven cyber reinsurance and analytics specialist, has announced three new appointments: Michael Murdoch-Smith and JayLynn Hines, who will be based in Bermuda; and Sarah Kennerley, who will be based in London.
He is joining the company from Park Indemnity where he was head of cyber underwriting, building out their global cyber programme. Prior to this, Murdoch-Smith spent 15 years at Allied World.
Hines, who has a decade of industry experience, will be stepping into the role of vice president, underwriter. Reporting to Murdoch-Smith, the executive will be responsible for supporting the delivery of the cyber strategy in Bermuda.
She is joining Envelop from Ariel Re BDA where she was assistant vice president, underwriter – cyber, leading underwriting across the cyber treaty portfolio. Before joining Ariel Re BDA, Hines worked for Chubb Canada as assistant underwriter.
Kennerley was appointed vice president, underwriter, reporting to Chris Baddeley, senior vice president and head of cyber (London) Active underwriter for SPA 1925.
The executive brings nine years’ cyber underwriting experience to Envelop’s London platform, where she will support the implementation of their cyber strategy.
Kennerley joins from Axis Capital where she was previously open market cyber co lead, and has held various other underwriting and broking roles in London.
Dominic Peters, CEO of Envelop Underwriting, commented: “We are delighted to welcome Michael, JayLynn and Sarah to Envelop Risk in our Bermuda and London platforms.
“Together, they bring an exceptional depth of experience and expertise that will further enhance our ability to deliver top-tier solutions for our clients and capital partners globally. Their arrival marks an exciting new chapter for Envelop Risk.”
Murdoch-Smith said: “I am thrilled to be joining the talented Envelop Risk team at a pivotal time in the cyber risk landscape. As threats evolve and complexity grows, I’m passionate about delivering forward-thinking solutions that truly serve our clients’ needs.
“I look forward to building strong, trusted relationships with our clients and service partners, and collaborating with our experienced underwriters, cyber threat intelligence experts and data scientists.”
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