Verisk and KYND expand collaboration to strengthen cyber resilience

Verisk, a global data analytics and technology provider to the global insurance industry, has expanded its strategic collaboration with KYND, a provider of cyber risk management services, to bring enhanced cyber risk intelligence to the insurance market.

According to research from KYND, 80% of the UK’s top 50 retailers are exposed to at least one critical cyber vulnerability, with over a third facing simultaneous risks across all five major categories: ransomware, outdated software, vulnerable services, email security flaws, and certificate issues.

Andy Thomas, CEO and Founder of KYND, said, “This research reveals that cyber threats are escalating across consumer-facing industries, especially ahead of the holiday season. Retailers hold vast customer data and operate complex supply chains, making them prime targets.

“Our mission is simple: make complex cyber risks easy to see, understand and underwrite. We look forward to supporting insurers alongside Verisk with this collaboration.”

As part of this expanded collaboration, KYND’s cyber risk insights are now integrated into Verisk’s Rulebook platform, supporting pricing, underwriting and distribution services for all major classes of business.

Through the combination of KYND’s cyber intelligence and Verisk’s global insurance expertise, it will provide insurers and brokers with seamless access to actionable intelligence, enabling more informed underwriting and risk management decisions.

The collaboration reflects both companies’ shared commitments to enhancing the tools and insights available to the market, ensuring it can keep pace with the ever evolving nature of cyber threats.

“This deeper collaboration marks a step change in how cyber risk can be understood and managed across the insurance value chain,” said Tim Rayner, CEO, Verisk Specialty Business Solutions. “With KYND’s intelligence embedded into Rulebook, we’re empowering our clients to make faster, better-informed decisions to modernise commercial underwriting and strengthen resilience through data-driven insights. This is just the first of many ways our collaboration with KYND will deliver added value to Verisk’s clients, helping them stay ahead in an evolving cyber risk landscape.”