Reinsurance and analytics specialist Envelop Risk has launched Envelop Underwriting and appointed Dom Peters (pictured) as its chief executive officer. The new entity will house all of Envelop Risk’s existing underwriting activities – Envelop Risk Bermuda and Envelop at Lloyd’s, including the Envelop Risk SPA 1925. Peters joins from Dale Underwriting Partners (Syndicate 1729) where he was active underwriter.

Jonathan Spry, CEO of Envelop Risk, said “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.

“I am delighted to welcome Dom to lead the new division, whose proven expertise and senior international experience will further strengthen our ability to support the sustainable growth of the cyber insurance market globally.”

Peters added: “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.”