PRESS RELEASE: KYND welcomes SRIS to its newly launched Broker Programme
Leading provider of pioneering cyber risk management resources, KYND, has announced that Special Risk Insurance Solutions has joined its exclusive specialist Broker Programme and is now one of the first members to have access to unparalleled and leading-edge cyber risk services.
In a recent survey, 92% of British businesses reported that the volume of cyber-attacks has increased in the last 12 months, with 97% stating that they had been the victim of a security breach within the same time frame. The ever-present threat of cyber-attacks has been greatly accelerated during 2020 as the COVID-19 pandemic meant that most of us were using the internet more than usual.
Despite this, many companies fail to recognise the importance of cyber insurance, leaving them open to attack.
KYND is delighted to confirm that SRIS has become one of the first members of its specialist KYND Broker Programme. The programme, which was launched in 2020, harnesses KYND’s pioneering cyber risk technology and insights to provide its members with access to the cyber tools, resources and outstanding 360-degree sales support necessary to effectively serve their clients by providing unparalleled cyber risk insights and support.
CEO of KYND, Andy Thomas, said, “With the threat of cyber-attacks increasing it’s never been more important for organisations to understand the value of cyber insurance coupled with preventative cyber risk management. We’re confident that the outstanding resources available within the KYND Broker Programme will be invaluable to Special Risk Insurance Solutions as they continue to strive to deliver the best insurance solutions to their customers. I am very proud to welcome them as a founding member of the KYND Broker Programme.”
Director of SRIS, David Garrad, said, “We pride ourselves on being ahead of the curve in recognising leading value propositions that will enable us to provide the best possible service to our clients. I firmly believe that our membership of KYND’s Broker Programme will help us to continue to provide outstanding advice and support now and in the future.”
Founded in March 2018 and headquartered in London, KYND is a new breed of cyber company. KYND makes complex cyber risks simple to understand and manage for every organisation, regardless of size, means or industry sector.
About Specialist Risk Group and Specialist Risk Insurance Solutions
SRG is an integrated group of insurance intermediaries arranging specialist insurance for corporates operating in the UK and internationally. The Group serves over 18,000 end policyholders across multiple lines of business and specialises in creating solutions to challenging risk transfer questions.
Specialist Risk Insurance Solutions is the Retail arm of Specialist Risk Group. SRIS arrange insurance programmes for clients operating in industries with complex insurance requirements.
SRG is owned by its management team and Pollen Street Capital, an independent alternative asset investment management company focused on the financial and business services sectors. For more information, please visit: www.specialistrisk.com
The Pollen Street Capital Group is an independent alternative asset investment management company focused on the financial and business services sectors, with significant experience in specialty finance. It was established in 2013 and now manages c £2.6bn gross AUM across private equity and credit strategies on behalf of investors including leading pension funds, asset managers, banks and family offices from around the world. Pollen Street Capital has a team of 70+ professionals with offices in London and New York.