Cyber risk specialist KYND and broker Consilium have announced a strategic partnership to deliver cyber risk assessments for prospective and existing clients. KYND says its offering will help Consilium’s clients to assess their organisational exposure, enabling them to promote cyber readiness, and drive sustainable revenue growth.

In a partnership intended to enhance its risk management capabilities as well as convey the growing significance of cyber risk to its clients, Consilium has strengthened its proposition with START Reports, KYND’s instant and non-intrusive vulnerability assessments. As part of the agreement, the specialist broking firm will also harness KYND’s recently launched KYND SIGNALS client reports.

Andy Thomas, CEO and founder of KYND, said: “We’re delighted to welcome Consilium as our newest valued broker partner. As cyber coverage becomes an integral part of every organisation’s overall cyber security strategy, we look forward to equipping Consilium’s broker teams with KYND’s powerful risk data, which will provide the insight needed to accurately assess an organisation’s exposure, assert the importance of cyber insurance, and help win more business.”

By offering a tailored, prioritised view of the risks considered by insurers in insurance decision-making, the firms say that the reports will serve the dual purpose of supporting Consilium’s clients in improving their cyber risk profile prior to submission and also ensuring an applicant’s suitability for coverage before presenting them to the insurance marketplace.

Tom Abbotts, associate partner, cyber tech & fintech at Consilium, added: “We are excited to be partnering with cyber risk management experts KYND whose actionable and intelligible risk intelligence will further bolster our bespoke insurance solutions and specialised guidance on risk management, enabling our customers to get a handle on cyber risk.”

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