Last Updated on: 21st November 2023, 09:23 pm
Andy Thomas, KYND’s CEO and Founder, commented: “We are delighted to work together with UIBL and share their vision on how the corporate world should refine the way it manages digital risk to stay ahead of the curve. Through the joint efforts of KYND and UIB, businesses can now become more resilient to cyber risk by implementing a proactive risk management approach powered by instant, clear exposure visibility, and successfully secure the right cyber insurance tailored to their needs to drive a competitive advantage as well as ensure sustainability and growth in an era of digital transformation.”
Dimaggio Rigby, UIB’s Head of Cyber, Media and Tech Risks, added: “Gone are the days when cyber risks were simply considered to be an IT problem. Today, the rise of advanced digital threats means that this is now firmly a business issue – and more importantly – requires organisations to be proactive in identifying and understanding their risks, just as cybercriminals would. Our partnership with KYND epitomises our forward-thinking approach to complex cyber risks and arms our team and clients with the timely and actionable risk intelligence that is critical to keeping pace with today’s tumultuous cyber threat landscape and the volatile market dynamics.” Cyber, Media and Tech Risks is part of Corporate and Capital Risks, which sits within the UIB Specialty Lines Division.
Shaun Barrington, UIB’s CEO, added: “We have always believed in countering threats before they become an issue for our clients. Cyber is one of these growing risks and we are delighted to be partnering with KYND to strengthen our offering in this field.”