PRESS RELEASE: Contour Underwriting selects KYND for new cyber insurance offering

Contour Underwriting has selected cyber risk analytics provider KYND following a competitive process, as it launches its cyber insurance proposition globally.

The partnership brings cyber risk intelligence into Contour’s underwriting process from the outset, giving its new cyber team a live view of each organization’s exposure when assessing a submission and continuing to track changes in risk once cover is in place.

The insight will also support Contour’s relationships with brokers and their clients, enabling the assessment of individual businesses using KYND’s proprietary live risk intelligence and taking advantage of the platform’s data accuracy and speed to help provide meaningful insight into emerging and complex risks beyond the point of underwriting.

Matt Waller, Underwriting Director, Cyber at Contour, said: "We have ambitious plans for our global cyber proposition and technology is a key component of our strategy. We are pleased to partner with KYND as our cyber risk analytics provider."

Melanie Hayes, KYND’s Co-founder, said: “SMEs present a significant opportunity for the cyber insurance market, but have traditionally been difficult to assess. To serve this market effectively, the industry must make cyber risk clearer and easier to address.

“What makes this partnership particularly exciting is the opportunity to work with Contour’s team from day one. We’re delighted they have chosen KYND and look forward to supporting the team as they build their cyber business in the UK and internationally.”