KYND Limited, a leader in cyber risk management, proudly announces its recognition in the inaugural CNBC World’s Top InsurTech Companies 2024 list. This prestigious accolade, awarded by CNBC in collaboration with the independent research firm Statista, signifies another significant achievement for KYND, highlighting its rapid growth and leadership in transforming the insurance market with next-generation cyber risk intelligence, facilitating informed and prompt decision-making within the cyber insurance ecosystem.
Based on a detailed analysis and evaluation of overarching and segment-specific KPIs for over 1,000 global InsurTech companies, CNBC and Statista have highlighted the top 150 performers across six different market segments. KYND was recognised in the Underwriting and Risk Analysis category, which features companies utilising advanced data analytics, machine learning, and other technologies to streamline underwriting, improve risk assessment, and enhance decision-making processes.
Amid the global surge in corporate cyber attacks, KYND robustly supports insurers at every stage of the cyber insurance lifecycle. KYND’s proprietary technology identifies “red risks” facing insured and prospective organisations, signifying externally visible critical cyber vulnerabilities closely correlated to losses and claims. Since its founding, KYND has been at the forefront of revolutionising cyber risk management for its global insurance clients, enabling them to pinpoint critical risks within their portfolios. This dedication and innovative approach have led to the identification of an unprecedented 28 million high-risk threats. By leveraging this extensive insight and cyber risk intelligence, KYND sets a new standard in the industry, helping insurers accurately assess risk profiles, make better-informed and profitable underwriting decisions, and support their insureds in maintaining resilience throughout their coverage.
“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/
