Last Updated on: 11th October 2024, 09:01 am
KYND Limited, a leader in cyber risk management solutions, has been included in Fintech Global’s prestigious list of the Top 100 InsurTech companies for 2024. This marks the fourth consecutive year that KYND has been recognised for its innovation and expertise in cyber risk management. The company’s continued success highlights its role in providing crucial cyber risk intelligence to insurers, enabling them to better manage risks in today’s dynamic threat environment.
Since its launch in 2018, KYND has been dedicated to helping organisations identify and manage key cyber risks. Using its market-leading portfolio risk intelligence, KYND empowers insurers with detailed, actionable insights, allowing them to assess and mitigate cyber risks within their portfolios. This approach helps insurers make better underwriting decisions and boosts profitability. Additionally, KYND alerts insureds to critical vulnerabilities targeted by attackers, providing them with clear, actionable advice for reducing risk.
In 2024, KYND launched its new Exposure Management solution, which integrates its renowned risk intelligence with advanced aggregation risk insights and customisable cyber disaster scenarios. This solution enables insurers to accurately assess and manage accumulation and catastrophe risks across their portfolios. A recent global IT failure underscored the need for better understanding of Single-Point-of-Failure (SPoF) risks, highlighting KYND’s essential role in delivering the data-driven insights insurers need.
KYND’s CEO and Founder, Andy Thomas, said: “Being recognised for the fourth consecutive year is a reflection of KYND’s pursuit of innovation aided by its ability to evolve alongside the shifting needs of our partners. As cybercrime grows more sophisticated, the pressure on the insurance sector to adapt and evolve is immense.
“At KYND, we are committed to providing our partners with the best end-to-end cyber suite to confidently navigate this complex landscape and unlock new growth opportunities. This not only drives success for our partners, but also ensures the corporate world remains resilient in an ever-changing risk environment.”
Richard Sachar, CEO of Fintech Global, added: “The InsurTech100 is a vital resource for industry leaders looking to stay ahead of the curve. The companies that have worked their way onto the list are driving real innovation and providing the tools insurers need to navigate the complexities of digital transformation.”
Since its inclusion in last year’s InsurTech100, KYND has expanded its offerings and launched its services in the United States. For more information about KYND’s cyber risk solutions, visit here.
