KYND Limited, a company specializing in cyber risk management, is excited to announce its recent recognition as one of the top InsurTech companies by CNBC in 2024. This prestigious accolade, awarded by CNBC and independent research firm Statista, highlights KYND’s rapid growth and significant impact on the insurance market through their innovative cyber risk intelligence solutions.
After a thorough evaluation of key performance indicators for over 1,000 global InsurTech companies, CNBC and Statista identified the top 150 performers across six market segments, with KYND being honored in the Underwriting and Risk Analysis category. This category includes companies leveraging advanced technologies such as data analytics and machine learning to streamline underwriting processes, improve risk assessment, and enhance decision-making capabilities.
In light of the increasing frequency of cyber attacks targeting businesses worldwide, KYND plays a crucial role in supporting insurers throughout the cyber insurance lifecycle. Their proprietary technology identifies “red risks,” which are critical cyber vulnerabilities that pose a high risk of losses and claims for insured and potential organizations. Since its establishment, KYND has been at the forefront of transforming cyber risk management for global insurance clients by pinpointing critical risks within their portfolios. This dedication has resulted in the identification of an impressive 28 million high-risk threats. By utilizing this extensive cyber risk intelligence, KYND is setting a new industry standard, enabling insurers to make more informed underwriting decisions, accurately assess risk profiles, and support their clients in maintaining resilience against cyber threats.
Andy Thomas, CEO of KYND, expressed his gratitude for being included in CNBC’s prestigious list of top InsurTech companies. He emphasized the company’s commitment to leveraging technology to assist insurers globally in managing dynamic cyber risks effectively. Thomas credited KYND’s innovative cyber risk intelligence, developed in collaboration with leading insurance industry players, for the company’s success in simplifying complex cyber risks and delivering exceptional value to clients.
For more information about KYND and their cutting-edge cyber risk management solutions, visit their website at https://www.kynd.io/.
Sam Allcock, a seasoned entrepreneur with extensive experience in SEO and digital marketing, is based in Cheshire and actively contributes local news and insights to various platforms, including coverage of noteworthy achievements by companies like KYND.