KYND Limited, a leader in cyber risk management, is delighted to announce its inclusion in the inaugural CNBC World’s Top InsurTech Companies 2024 list. This esteemed recognition, conferred by CNBC and the independent research firm Statista, represents another milestone for KYND, showcasing the company’s rapid growth and leadership in revolutionising the insurance market with cutting-edge cyber risk intelligence, which supports informed and prompt decision-making in the cyber insurance sector.
Following a comprehensive analysis and weighting of overarching and segment-specific KPIs for over 1,000 InsurTech companies globally, CNBC and Statista have identified the top 150 performers across six different market segments, with KYND being acknowledged in the Underwriting and Risk Analysis category. This category includes firms utilising advanced data analytics, machine learning, and other technologies to optimise underwriting, enhance risk assessment, and improve decision-making processes.
In light of the global rise in corporate cyber attacks, KYND provides unwavering support to insurers at every stage of the cyber insurance lifecycle. KYND’s proprietary technology detects “red risks” for insured and prospective organisations, highlighting externally visible critical cyber vulnerabilities that are strongly linked to losses and claims. Since its inception, KYND has been at the forefront of transforming cyber risk management for its global insurance clients, enabling them to identify critical risks within their portfolios. This dedication and innovative approach have resulted in the identification of an unprecedented 28 million high-risk threats. By leveraging this substantial insight and cyber risk intelligence, KYND sets a new industry standard, assisting insurers in accurately assessing risk profiles, making better-informed and profitable underwriting decisions, and supporting their insureds in maintaining resilience throughout their policy period.
“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/
