Envelop Risk to transition SPA 1925 into full Lloyd’s syndicate in 2027

Envelop Risk, a cyber reinsurance and analytics specialist, has received in-principle approval from Lloyd’s to launch Envelop Syndicate 1925. Transitioning from Special Purpose Arrangement (SPA) 1925, the syndicate is set to begin underwriting on January 1, 2027. The launch builds on SPA 1925’s successful track record at Lloyd’s, driven by Envelop’s innovative use of data…

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Dynamic Reinsurance appoints Carmen Yudici bru as Global President

Dynamic Reinsurance, a firm specialising in tailored reinsurance risk transfer solutions, has announced the appointment of Carmen Yudici bru as Global President. In her new role, Yudici will work alongside Francisco Hernández, Global CEO of Dynamic Reinsurance, to drive the next phase of the firm’s growth by strengthening its global leadership structure and advancing its…

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Orbital Sentry secures new capital to bring continuous satellite monitoring for wildfire risk

Orbital Sentry, a deep-tech startup building persistent infrared imaging systems for geosynchronous orbit (GEO), has announced the close of a pre-seed funding round led by Ridgeline, with participation from Superorganism and Hustle Fund. With the newly secured capital, Orbital Sentry can move into its next phase of growth, specifically by helping to accelerate the development…

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PERILS decreases insured loss estimate for extratropical windstorm Nils to €695m

PERILS, a Zurich-based catastrophe insurance data provider, has disclosed a reduced loss estimate for extratropical windstorm Nils, also known as Ulrike, of EUR 695 million, which affected the Nouvelle-Aquitaine and Occitanie regions in southwest France from 11 to 13 February 2026. This is the third industry loss estimate for the extratropical windstorm, and compares to…

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Pinion announces key additions to executive leadership and accounting team

Pinion Insurance, a London-headquartered specialty insurance carrier formed earlier this year, has announced three key additions to its executive leadership team and accounting function. The new team members include Kathryn Edwards, who has been appointed Group Controller; Brock Werner, named US Treasurer and Financial Planning and Analysis; and James Green, the company’s new Finance Systems…

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AEGIS London partners with Augentic to launch ‘market first’ cross-class digital follow consortium

Lloyd’s syndicate AEGIS London, in collaboration with tech-enabled MGA Augentic, has launched a new cross-class digital follow consortium in the Lloyd’s market, enabling brokers to secure a follow line spanning Property, Casualty and Specialty risks through a single digital arrangement. This “market first” facility is reportedly designed to simplify placement and improve speed to market,…

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