Monday, June 24, 2024

KYND announces expansion into the US insurance market to tackle cyber risk head-on

KYND, a leading UK-based provider of cutting-edge cyber risk management technology and services, is proud to announce its expansion into the US insurance market. With this expansion, following success partnering with global specialist insurers across the UK, KYND will bring its innovative and unique approach to cyber risk management to insurance carriers, brokers, and policyholders across the United States.

KYND’s expansion into the US insurance market comes at a time when cyber threats are increasingly sophisticated and damaging. The proliferation of ransomware attacks, data breaches, and other cyber threats has made cyber risk management a critical issue for businesses of all sizes. KYND’s suite of products and services has been repeatedly recognised by clients and industry experts as the most innovative, powerful cyber risk management solution leading transformative, positive changes across the global cyber insurance market. It includes risk assessment, monitoring, and mitigation, and offers a comprehensive and proactive approach to taking control over cyber risk.

KYND’s US-based team of experts has been established in the heart of one of the top US tech hubs, Austin, Texas, enabling KYND to better serve the needs of its existing customers in the US and Canada – including leading independent brokerage players Hylant and BFL Canada. In addition, KYND has created strategic partnerships with Alliant, one of the US’ largest insurance brokers and their JPAs members, helping boost successful cyber insurance applications and renewals for US public entity institutions.

Andy Thomas, KYND’s CEO and Founder, said: “We’ve had a phenomenal couple of years with our valued clients and partners in the UK, and the company is now ready to take the next step on the journey to accomplishing our unswerving mission of making complex cyber risks easy to understand and manage for every business in the world. At KYND, we’re incredibly excited to bring our expertise and capability to North America – to continue delivering meaningful, actionable insights to clients globally through our next-generation technology, helping them gain firm control over such a complex, dynamic, and ubiquitous threat as cyber risk.”

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