PRESS RELEASE: KYND introduces next level Exposure Management for insurers to tackle cyber accumulation risk
PRESS RELEASE: KYND to unveil new Broker Programme to propel cyber insurance sales to the next level at BIBA 2023
KYND Limited, a leading provider of pioneering cyber risk management solutions, today announced it will present a brand-new version of their industry-leading, comprehensive broker suite at the 45th BIBA Conference taking place on the 10th-11th of May in Manchester. The new-and-enhanced offering aims to rise to the persistent challenges that the broker community is navigating in today’s shifting cyber insurance market and growing threat landscape, as well as help their insureds maintain a strengthened cyber posture ‘in-life’ of an insurance policy.
Following the success of its initial rollout in May 2020 and since growing rapidly and globally, the KYND Broker Programme is the industry’s first specialist initiative specifically designed to guide and assist its broker members and their clients through each stage of the cyber insurance sales process. It combines KYND’s unrivalled industry knowledge, actionable risk insight, and a seamless 360-degree sales support with the help of the comprehensive KYND Broker Portal, all of which enables cyber insurance specialists to provide tangible evidence of their clients’ risk exposure and better articulate the value of their cyber insurance.
This enhanced offering includes KYND READY, the industry breakthrough innovation in the InsurTech arena changing the entrenched approach to managing complex cyber risk for the cyber insurance market participants. Comprising award-winning risk management technology and expert cyber advisory, KYND READY empowers organisations to effectively reduce their cyber risk profile pre-submission ensuring favourable risk transfer and enabling them to strengthen their cyber deference throughout the entire policy cycle to facilitate a smooth and efficient renewal process in the future.
The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance intermediary organisation representing the interests of insurance brokers, intermediaries, and their customers. Acting as the powerful and authoritative voice of the sector and advising on key insurance issues, the BIBA Conference is the UK’s largest insurance event, showcasing the most influential and inspiring business speakers and latest developments leading the way in the insurance space.
Andy Thomas, KYND’s CEO and Founder, said: “The rapidly evolving digital threat landscape, risk of systemic attacks, and increased regulatory scrutiny mean the market has to rise to the challenge of navigating these difficulties. This is why we’re especially excited to be back at the BIBA conference this year to showcase our enhanced end-to-end suite of cyber risk management solutions that are designed to do just that. Whether it’s for insurers, brokers, or insureds themselves, our overarching goal at KYND is to help our clients see, understand and manage complex cyber risk in an easy and simple way. We’re looking forward to meeting new and existing partners at the conference and demonstrating to them just how easily KYND can help them stay on the leading edge of risk management, empower them with the right threat intelligence, and ultimately improve their bottom line.”
Emma Chapman, BIBA Head of Conference said: “Most of us will encounter professional or personal difficulties this year. Rarely are our paths straightforward and our conference imagery this year represents the peaks and troughs in our journeys. However, by facing these challenges head on and sharing our experiences, the insurance community can continue to thrive. The BIBA Conference will once again be the place where important topics and questions are discussed, and I can’t wait to see you all there.”
Conference attendees are invited to visit booth #B76 to meet the KYND representatives and learn more about how KYND’s industry-leading cyber risk management services and tools can benefit every party of the cyber insurance value chain. Attendees who would like to schedule a meeting during the conference can get in touch with the KYND team via firstname.lastname@example.org.
KYND is on a mission to make complex cyber risks easy to understand and
manage. KYND’s pioneering technology makes assessing, understanding, and managing cyber risks easier and quicker than ever before and is used by insurers, brokers, and their clients. Recognising one size doesn’t fit all, KYND has designed made-to-measure InsurTech products that works for any size business, from any industry, anywhere in the world.
KYND’s unparalleled cyber-risk management tools not only enable accelerated sales of cyber policies, speeds up renewal and helps control client risk but also supports better underwriting decisions by removing complexity, providing instant insight into cyber risk profile while reducing insured’s risk exposure with continuous monitoring and alerts.
For more information about KYND, visit: https://www.kynd.io/
For press enquiries, contact: email@example.com
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● Follow KYND on Twitter @KYNDcyber
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