From: RegTech Analyst
Cyber risk management products provider KYND will help insurer BGI.UK with overcoming the challenges its facing when selling cyber policies.
BGI.UK will get the help after becoming a member of the KYND Broker Programme. The programme will help it by enabling BGI.UK to tap into KYND’s cyber risk technology and insights to access to KYND’s cyber tools, resources, and 360-degree sales support.
The support is said to enable brokers to become cyber experts and provide the best information and advice to their clients, removing many of the obstacles faced when selling cyber insurance.
“We are delighted BGI.UK has joined the KYND Broker programme,” said Andy Thomas, CEO at KYND. “As cyber risks continue to impact businesses, now more than ever, cyber insurance is a necessity, not a luxury.”
Nick Elwell, CEO at BGI.UK added, “We aim to give the best practical advice and service to our clients, but in a world where cyber risks are evolving and emerging daily, this presents ever-growing challenges. That’s why we’re absolutely delighted to join the KYND Broker Programme. For the first time, we can instantly access expert cyber insights in an easy to understand way that we can share with our clients and full support for our brokers throughout the sales process which is invaluable in ensuring we continue to deliver the ultimate service to our insureds.”
Copyright © 2020 FinTech Global
