Leading UK-based cyber risk management provider, KYND, has announced its expansion into the US insurance market. Building on its success in partnering with global specialist insurers in the UK, KYND aims to bring its innovative cyber risk management technology and services to insurance carriers, brokers, and policyholders across the United States.
KYND’s expansion comes at a crucial time when cyber threats are becoming increasingly sophisticated and damaging. With the rise of ransomware attacks, data breaches, and other cyber risks, businesses of all sizes face significant challenges in managing their cyber risk. KYND’s comprehensive suite of products and services, recognized by clients and industry experts as a powerful and transformative cyber risk management solution, offers risk assessment, monitoring, and mitigation capabilities to enable proactive control over cyber risk.
To support its expansion into the US market, KYND has established a team of experts based in Austin, Texas, one of the leading tech hubs in the country. This strategic move allows KYND to better serve its existing customers in the US and Canada, including prominent independent brokerage players like Hylant and BFL Canada. Furthermore, KYND has formed key partnerships with Alliant, one of the largest insurance brokers in the US, and their JPAs members, enhancing cyber insurance applications and renewals for public entities in the US.
Andy Thomas, CEO and Founder of KYND, expressed excitement about the company’s growth and its mission to simplify the understanding and management of complex cyber risks for businesses worldwide. With next-generation technology and actionable insights, KYND aims to help clients gain firm control over the ever-evolving and pervasive threat of cyber risk.
As KYND expands its presence in the US insurance market, it is poised to make a significant impact in addressing cyber risk challenges and helping businesses effectively manage their cyber security.