KYND introduces next level Exposure Management for insurers to tackle cyber accumulation risk

0
112

KYND Limited, a leader in cyber risk management, is excited to announce an innovative new Exposure Management solution. Powered by KYND’s market-leading risk intelligence and combining best-in-class aggregation risk insights with bespoke, granular cyber disaster scenarios, it enables insurers to more accurately evaluate and manage the accumulation and catastrophe exposure across their portfolios to drive better informed, profitable underwriting decisions.

As systemic risk becomes a central concern for insurers, the sector has been grappling with the challenge of limited capacity struggling to align with the burgeoning demand for cyber insurance. This pressure compounds insurers’ accumulation risk, especially given the existing modelling challenges experienced by market participants. To attract more capacity to the market and open up new opportunities, insurance carriers need more accurate insights and alternative modelling techniques to better understand potential losses, assess the accumulation of risk, and evaluate their capital exposure.

KYND’s newly launched Exposure Management has been designed with insurers in mind to successfully meet the needs…

Read More…