MGA Nirvana partners with KYND to boost cyber underwriting
KYND, a London-based provider of cyber risk management solutions for the insurance industry, has formed a strategic partnership with Nirvana, a new UK-based specialty managing general agent (MGA) launched earlier this year with A+ rated Lloyd’s and companies market capacity.
Leveraging KYND’s advanced, actionable risk analysis and industry expertise, the collaboration aims to bolster the MGA’s assessment practices, help maintain the overall quality of their portfolio and mitigate potential losses.
Through the partnership, Nirvana’s underwriting team will benefit from access to KYND Signals Client Reports, offering an insurance focused view of an organisation’s cyber risk profile and highlighting critical risk indicators which are considered in the underwriting process. These actionable risk insights will enable underwriters to guide prospective insureds in fortifying their cyber posture.
Andy Thomas (pictured left), KYND’s CEO and founder, said: “We extend a warm welcome to Nirvana as the latest member of our valued client community. At KYND, our foundational mission has been to provide businesses with the tools and intelligence they need to confidently navigate the digital landscape.
"We’re delighted that Nirvana has chosen KYND as their partner to further enhance their cyber capabilities and look forward to arming Nirvana’s underwriters with actionable insights for more astute risk selection. This, in turn, will pave the way of a more resilient portfolio, sustainable growth and enhanced book value.”
Rob Jones (pictured right), Nirvana’s executive chairman and head of media, technology and cyber, commented: “In today’s complex and dynamic risk environment, we’re excited about the transformative potential this new partnership holds. Integrating KYND’s insight into our cyber arsenal will not only support the sustainable and profitable growth of our cyber portfolio, but will also become an integral component in aiding our customers to strengthen their digital defences and mitigate risks before they escalate into cyber incidents.”
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