KYND Limited, a leader in cyber risk management, has been named as one of the world’s top InsurTech innovators in Fintech Global’s 2024 list of the Top 100 InsurTech companies. This marks the fourth consecutive year KYND has received this honour, underscoring its role as a key provider of cyber risk intelligence for insurers, enabling them to make better-informed decisions in an ever-changing risk environment.
Since its founding in 2018, KYND has dedicated itself to helping organisations identify and manage the cyber risks that matter most to them. Using KYND’s cutting-edge portfolio risk intelligence, insurers are provided with actionable insights that allow them to assess and address cyber risks across their portfolios. This ensures insurers make more accurate underwriting decisions while increasing profitability. Additionally, KYND helps insureds mitigate risk by alerting them to the most critical vulnerabilities targeted by cybercriminals.
In 2024, KYND introduced its new Exposure Management solution. Powered by KYND’s industry-leading risk intelligence, this solution delivers advanced aggregation risk insights and tailored cyber disaster scenarios to help insurers more effectively assess and manage catastrophe and accumulation risks. A recent large-scale IT disruption served as a reminder of the global economic impact that a Single-Point-of-Failure (SPoF) technology outage can have, reinforcing the need for KYND’s robust, data-driven risk insights.
Andy Thomas, CEO and Founder of KYND, remarked: “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, commented: “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 being named in last year’s InsurTech100, KYND has continued to develop next-generation solutions, including launching its services in the United States. To find out more about KYND and its cyber risk management solutions, visit here.
