KYND Limited, a leader in cyber risk management, is thrilled to announce its recognition in the inaugural CNBC World’s Top InsurTech Companies 2024 list. This honour, bestowed by CNBC and independent research firm Statista, signifies another major achievement for KYND, underlining its swift growth and expanding influence in shaping the future of the insurance market with next-generation cyber risk intelligence, which facilitates informed and prompt decision-making within the cyber insurance ecosystem.
Following an in-depth analysis and assessment of overarching and segment-specific KPIs for more than 1,000 global InsurTech companies, CNBC and Statista have highlighted the top 150 performers across six distinct market segments, with KYND being recognised in the Underwriting and Risk Analysis category. This category encompasses companies utilising advanced data analytics, machine learning, and other technologies to streamline underwriting, enhance risk assessment, and improve decision-making.
In response to the global surge in corporate cyber attacks, KYND provides robust support to insurers at every stage of the cyber insurance lifecycle. KYND’s proprietary technology identifies “red risks” facing insured and prospective organisations, referring to externally visible critical cyber vulnerabilities that are highly correlated with losses and claims. Since its inception, KYND has been at the forefront of revolutionising cyber risk management for its global insurance clients, pinpointing critical risks within their portfolio organisations. This dedication and cutting-edge approach have led to the identification of an unprecedented 28 million high-risk threats. By leveraging this immense level of insight and cyber risk intelligence, KYND sets a new industry standard, enabling insurers to overcome challenges in accurate risk profile assessment, make better-informed and profitable underwriting decisions, and continue supporting their insureds in maintaining resilience throughout their policy duration.
“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/
