KYND Makes the InsurTech100 For 2024

KYND Limited, a leader in cyber risk management, today announced its inclusion in Fintech Global’s prestigious list of the top 100 InsurTech for 2024, an annual roundup of the world’s foremost innovators in the InsurTech space. This marks the fourth consecutive year KYND has earned a spot on the annual list, solidifying its position as a leader in delivering actionable, accurate cyber risk intelligence to the insurance industry and supporting insurers in underwriting and managing cyber with confidence in a dynamic threat landscape.

Founded in 2018 with a mission to help organisations see, understand and manage the cyber risks that matter to them, KYND has become a trusted cyber risk management for the insurance industry. Harnessing its market-leading portfolio risk intelligence, KYND arms insurers with targeted, accurate and actionable insights to identify and assess cyber risk risk across their portfolios and make better-informed, profitable underwriting decisions. By focusing on the most critical vulnerabilities that are actively targeted by attackers, KYND also instantly notifies insureds about potential exposures, along with clear remediation advice, enabling them to promptly mitigate issues.

This year, KYND has launched its new Exposure Management solution. Powered by the company’s market-leading risk intelligence and combining best-in-class aggregation risk insights with bespoke, granular cyber disaster scenarios, it enables insurers to more accurately evaluate and manage accumulation and catastrophe exposure across their portfolios. A recent widespread IT disruption underscored the ramifications for the global economy of a Single-Point-of-Failure (SPoF) technology outage. KYND’s insights have always been crucial for a better understanding of risk concentrations and loss potential, and this incident only highlighted the need for the multidimensional, factual exposure visibility required for a sustainable cyber insurance market.

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.”