Last Updated on: 22nd November 2023, 07:11 pm
Leading UK-based cyber risk management provider, KYND, has announced its expansion into the US insurance market. Building on its success in partnering with global specialist insurers in the UK, KYND aims to bring its innovative cyber risk management technology and services to insurance carriers, brokers, and policyholders across the United States.
The expansion comes at a crucial time as cyber threats become increasingly sophisticated and damaging. With the rise of ransomware attacks, data breaches, and other cyber threats, effective cyber risk management has become a top priority for businesses of all sizes. KYND’s suite of products and services has gained recognition from clients and industry experts for its innovative and powerful approach to cyber risk management. The comprehensive offering includes risk assessment, monitoring, and mitigation, providing a proactive solution to tackling cyber risk.
To better serve its existing US and Canadian customers, including leading independent brokers Hylant and BFL Canada, KYND has established a team of experts in Austin, Texas, one of the top tech hubs in the US. Additionally, strategic partnerships with Alliant, one of the largest insurance brokers in the US, and their JPAs members have been formed to enhance cyber insurance applications and renewals for US public entities.
Andy Thomas, CEO and Founder of KYND, expressed excitement about the expansion, stating the company’s mission to simplify the understanding and management of complex cyber risks for businesses worldwide. KYND aims to deliver actionable insights to clients globally through its next-generation technology, enabling businesses to effectively control the ever-present and evolving threat of cyber risk.