Nephila was founded in 1998 by Frank Majors and Greg Hagood. We were the first to focus on the convergence of catastrophe reinsurance and weather risk transfer markets with capital markets.

Today, our robust platform includes:

• One of the largest catastrophe insurance-linked securities managers in the world
• The first provider of alternative capital to the reinsurance market
• The first climate risk strategy
• The first Lloyd’s syndicate to be wholly backed by ILS capital
• Capacity rights to the only direct insurance origination entity Velocity Risk Underwriters