KYND, a leading UK-based provider of advanced cyber risk management technology and services, 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 approach to cyber risk management to insurance carriers, brokers, and policyholders throughout the United States.
The expansion into the US market comes at a critical time as cyber threats become increasingly sophisticated and damaging. With the rise of ransomware attacks, data breaches, and other cyber risks, effective cyber risk management has become paramount for businesses of all sizes. KYND’s suite of products and services has been widely recognized by clients and industry experts as the most innovative and powerful cyber risk management solution, leading to transformative changes in the global cyber insurance market. The offering includes comprehensive risk assessment, monitoring, and mitigation capabilities, providing a proactive approach to tackling cyber risk.
To support its expansion, KYND has established a team of experts in Austin, Texas, one of the top US tech hubs. This strategic move enables KYND to better serve its existing customers in the US and Canada, including prominent independent brokerage players like Hylant and BFL Canada. KYND has also formed strategic partnerships with Alliant, one of the largest insurance brokers in the US, and their JPAs members, enhancing cyber insurance applications and renewals for US public entity institutions.
Andy Thomas, CEO and Founder of KYND, expressed excitement about the company’s growth and its mission to make complex cyber risks easily understandable and manageable for businesses worldwide. He emphasized KYND’s dedication to delivering meaningful insights and actionable solutions to clients globally through their next-generation technology. By expanding into North America, KYND aims to help businesses gain firm control over the pervasive and ever-evolving threat of cyber risk.
