KYND Limited, a frontrunner in cyber risk management, is pleased to announce its recognition in the inaugural CNBC World’s Top InsurTech Companies 2024 list. This prestigious accolade, presented by CNBC along with independent research firm Statista, highlights KYND’s significant growth and leadership in transforming the insurance market with state-of-the-art cyber risk intelligence, supporting informed and swift decision-making in the cyber insurance arena.
Based on a thorough analysis and evaluation of comprehensive and segment-specific KPIs for over 1,000 global InsurTech firms, CNBC and Statista have showcased the top 150 performers across six market segments. KYND was honoured in the Underwriting and Risk Analysis category, which includes companies employing advanced data analytics, machine learning, and other technologies to streamline underwriting, improve risk assessment, and enhance decision-making processes.
Amid the rising tide of global corporate cyber attacks, KYND steadfastly supports insurers at every phase of the cyber insurance lifecycle. KYND’s proprietary technology identifies “red risks” for insured and prospective organisations, signifying externally visible critical cyber vulnerabilities closely associated with losses and claims. Since its founding, KYND has been at the forefront of revolutionising cyber risk management for its global insurance clients, enabling them to pinpoint critical risks within their portfolios. This commitment and innovative methodology have led to the identification of an unprecedented 28 million high-risk threats. By leveraging this extensive insight and cyber risk intelligence, KYND sets a new benchmark in the industry, helping insurers accurately assess risk profiles, make better-informed and profitable underwriting decisions, and support their insureds in maintaining resilience throughout their coverage.
“It’s an honour to be recognised on CNBC’s inaugural World’s Top Insurtech Companies list for our innovative use of technology to help insurers globally underwrite and manage such dynamic risk as cyber,” said Andy Thomas, CEO of KYND. “This is a true testament to the team and innovation behind KYND’s cyber risk intelligence, working in close collaboration with leading insurance players globally, as we continue to expand our suite of powerful solutions targeted at our mission to make complex cyber risk easy to see, understand and manage – all while delivering unmatched value to our clients.”
For more information about KYND, visit: https://www.kynd.io/
