Cyber risk specialist Kynd has announced a partnership with Lloyd’s syndicate Probitas 1492 to support its cyber book.

Kynd's risk intelligence and analytics will be used to assist Probitas with the assessment of cyber risk across the insurance lifecycle, including helping to inform underwriting decisions at risk selection, managing evolving risk across the current portfolio, and understanding the impact of systemic risk, including the application of tailored war scenarios.

As part of the agreement, Probitas’ cyber underwriting team will utilise Kynd Signals portfolio monitoring service, designed to monitor the cyber book’s ‘cyber hygiene’ and help to mitigate potential claims and losses.

It will also include an exposure management solution which aims to offer insight into loss drivers and accumulation risk areas within its portfolio, including exposure to a set of war and state-sponsored scenarios incorporating various war clauses.

Andy Thomas, CEO and founder at Kynd , said: “We’re delighted to partner with Probitas to support them and their clients alike at every stage of cyber risk management, from risk selection to exposure management. Keeping pace with the dynamic nature of cyber risk as well as understanding and assessing systemic cyber risk and points of accumulation is one of the foremost challenges confronting the insurance industry today.

“We are excited to combine our distinctive cyber risk intelligence and models with Probitas’ specialist expertise and forward-looking approach not only to help overcome existing hurdles but also contribute to the creation of a more resilient and sustainable market through the industry’s advanced view of cyber risk.”