PRESS RELEASE: KYND introduces next level Exposure Management for insurers to tackle cyber accumulation risk
PRESS RELEASE: KYND wins ‘Cyber Security Product of the Year’ award for the second year running
CIR Magazine has unveiled the winners of its 14th Annual Risk Management Awards, recognising the most groundbreaking service providers in the realm of risk management worldwide.
KYND Limited, a leader in cyber risk management, is excited to announce that its KYND SIGNALS platform, acknowledged by global insurance players for delivering unrivalled insights into organisations’ cyber risk posture through its proprietary risk intelligence, has won the “Cyber Security Product of the Year” title in this year’s Risk Management Awards hosted by CIR Magazine. This accomplishment marks the second consecutive year that KYND has been bestowed with this prestigious accolade.
CIR Magazine, a prominent publication for risk management, insurance and business continuity professionals, hosts its annual CIR Risk Management Awards to celebrate and showcase excellence in the field of risk management; a win in this competition represents the pinnacle of achievement within the sector.
In the face of the ever-expanding digital threat landscape, the recognition underscores KYND’s innovation and leadership in enabling insurers and their clients to assert control over cyber risk. Harnessing its powerful combination of market-leading portfolio risk intelligence and expert cyber advisory, KYND SIGNALS arms insurers with targeted, actionable insights to identify and assess cyber risk risk across their portfolios and make better-informed underwriting and risk management decisions, with greater accuracy and speed. Furthermore, the award-winning initiative promotes early and continuous risk engagement for insureds by equipping insurers with clear, prioritised remediation advice that they can share with their clients with just a click of a button.
KYND’s CEO and Founder, Andy Thomas, commented: “We’re incredibly honoured to receive CIR’s “Cyber Product of the Year” award for the second consecutive year. With cyber risk being one of the most acute threats facing businesses today, it is now more important than ever to go beyond prevalent and entrenched risk scoring of an organisational exposure to help the insurance industry pave the way to profitability. From risk selection to portfolio management to risk management support for their insureds, overwhelmed with vast amounts of cyber data, insurers require targeted, real-time insight into an organisation’s risk profile that can filter out the noise and help prioritise the risk factors that correlate to claims and losses to drive sustainable market growth – and that’s precisely what KYND SIGNALS delivers.”
KYND is on a mission to make complex cyber risks easy to understand and manage. KYND’s next-generation 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 work 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/
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● Follow KYND on LinkedIn @KYNDCyber
● Follow KYND on Twitter @KYNDcyber
Since its launch in 1996, Continuity, Insurance & Risk has become essential reading for risk management, commercial insurance and business continuity professionals. CIR's portfolio comprises multi-channel campaigns through the magazine, website and podcasts, the Business Continuity Awards, the Risk Management Awards, the National Insurance Awards, the CIR Resilience Series, regular roundtables and annual Software Reports.
A market leader in the sector, the CIR brand has a strong reputation for independent, authoritative reporting and high quality analysis.
For more information about CIR, visit: https://www.cirmagazine.com/cir/index.php
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