Filhet-Allard, the leading independent French insurance brokerage, and KYND Limited, the leader in next-generation cyber risk management solutions, announced today their new partnership. This brings the power of KYND’s innovative technology to its exclusive 360° risk management solution tailored to the needs of businesses amid the growing threat landscape. The new partnership is geared towards enabling frictionless cyber insurance applications and renewals for Filhet-Allard’s extensive client portfolio through promoting insureds’ improved cyber resilience.
The announcement comes precisely when the increase of ransomware and supply chain attacks is reaching a new apex. The relentless threats have been affecting both public and private sectors for years, but the number of incidents have risen dramatically since the outbreak of the global pandemic; with Europe being subjected to 43% of global ransomware attacks, and the UK and France heading the list of the most targeted countries in the world by ransomware attackers. The number of supply chain incidents, in turn, quadrupled in 2021 compared with 2020. Considering the ongoing Russia-Ukraine geopolitical…
