KYND Limited, a prominent player in the cyber risk management sector, has once again been recognised in Fintech Global’s Top 100 InsurTech list for 2024. This prestigious annual ranking celebrates the world’s most innovative InsurTech firms, with KYND earning a place for the fourth year in a row. This achievement highlights KYND’s leading role in providing actionable cyber risk intelligence, empowering insurers to make confident decisions in an increasingly volatile risk landscape.
Founded in 2018, KYND has rapidly become a trusted partner in the insurance industry, offering its cutting-edge portfolio risk intelligence to help insurers pinpoint and assess cyber risks. This allows for better decision-making and more profitable underwriting. Focusing on the vulnerabilities most targeted by cybercriminals, KYND enables insureds to take swift action on potential exposures, providing clear and practical advice for mitigating risks.
Earlier this year, KYND introduced its innovative Exposure Management solution. Built on KYND’s renowned risk intelligence, this tool offers advanced aggregation risk insights combined with tailored cyber disaster scenarios. It provides insurers with enhanced capabilities to evaluate accumulation and catastrophe exposures across their portfolios. A recent global IT disruption highlighted the critical need for KYND’s approach, as it shed light on the economic impact of a Single-Point-of-Failure (SPoF) event, further emphasising the need for clear, factual risk concentration insights.
Andy Thomas, CEO and Founder of KYND, 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, remarked: “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 last year, KYND has focused on developing its next-generation solutions and expanded internationally, including its launch in the United States. To learn more about KYND’s offerings, visit here.
