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KYND products selected to join Beazley’s suite of cyber risk management services


Global specialist insurer includes KYND’s pioneering products in
cyber protection offering.

KYND Limited, provider of pioneering cyber risk management products, today announced that specialist insurer Beazley has selected KYND to join their suite of cyber risk management services for international policyholders.

KYND products will be available through Beazley’s offering, which includes pre-breach and risk management services. International cyber policyholders will now have unlimited access to KYND to monitor cyber risks and alert the policyholder of new and potential risks as they arise.

Andy Thomas, CEO, KYND says “We are delighted Beazley has chosen KYND for their recently launched cyber risk management suite and applaud their recognition that helping to prevent incidents in the first place is a critical benefit to organisations. KYND products have been designed to help businesses monitor their cyber risks, simply, quickly and easily without the technical jargon and drama and align perfectly with Beazley’s 360º cyber protection offering.”

Raf Sanchez, International Beazley Breach Response Services manager at Beazley, says “Helping our policyholders prevent incidents is critical. After conducting a review of cyber risk products available in the market, we found that KYND’s innovative cyber risk products best complemented our suite of services. Its use of newly developed and proprietary technology to show cyber risks in a simple and easy to understand format really stood out for us.”

About KYND
Founded in March 2018 and headquartered in London, KYND is a new breed of cyber company. KYND makes complex cyber risks simple to understand and manage for every organisation, regardless of size, means or industry sector.

About Beazley
Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America and Asia.  Beazley manages six Lloyd’s syndicates and in 2018 underwrote gross premiums worldwide of $2,615 million.
All Lloyd’s syndicates are rated A by A.M. Best.

Beazley’s underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd’s.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business. For more information please go to www.beazley.com

Contact details
Issued by: KYND Limited
Contact: Melanie Hayes
Email: press@kynd.io

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Dentsu Tracking supports the European Union to fight illicit trade in tobacco products.


Dentsu Tracking, a brand of Dentsu Aegis Network, is collaborating with the European Commission and Member States of the European Union (EU) to design and operate a track and trace system as part of EU legislation on tobacco control (Tobacco Products Directive).

The track and trace system supports EU Member States in the fight against illicit trade. It, therefore, plays an important role in protecting public health, state budgets and legal economic operators.

This industry-wide scope required an innovative platform and data analysis system capable of tracking more than 26 billion products per year across the EU.

“As far as we know, this is the world’s first solution giving 360 visibility of the supply-chain across an entire industry”, says Philippe Castella, Managing Director of Dentsu Tracking. “We are honoured to work with the European Commission and the EU Member States. It is a unique project allowing 28 Member States on one single platform to track domestic and transnational sales, as well as products exported outside of the EU. No other platform is connecting this volume and complexity of data”.

Dentsu Tracking was awarded the concession in December 2018 based on an innovative solution that provides public authorities with visibility of the total supply-chain from manufacturing to retail. It also ensures that the track and trace system is under full control of public authorities, including access to the collected data, as required by the Tobacco Products Directive and the WHO FCTC Protocol to Eliminate Illicit Trade in Tobacco Products.

As of May 20th, 2019, cigarettes and roll-your-own tobacco must be marked with a unique identifier code. All the involved economic operators are required to report all tobacco product movements and related financial information. This information is collected and stored in a central system, operated by Dentsu Tracking. The necessary reporting, queries, business analytics, and alerts are provided as part of the Dentsu Tracking solution. This allows Member States and the European Commission to monitor the movements of legal tobacco products (tracking) and to determine at which point a product was diverted into the illicit market, or vice versa (tracing). The analysis can also be used to highlight anomalies, to detect fraudulent activities, and to confirm if products are legitimate when passing inspection points.

All movements are tracked instantly for automated real-time traceability at any point along the supply-chain, and with all the information fed into one centralized database. This takes traceability to a new benchmark. In comparison, in pharmaceutical regulation there is a “check in–check out” approach tracking only a small portion of the supply chain. In food-industry regulation there is typically a “one up – one down” approach without any centralized repository, which means that the traceability and visibility of a product from start to end must be rebuilt manually.

Links: For further information on the EU regulatory framework to fight illicit trade in tobacco products, please refer to the European Commission official site here.

About:
Dentsu Tracking is a brand of Dentsu Aegis Network. It is headquartered in Geneva, Switzerland. Core product and service solutions include traceability, security, industrial IT, business analytics, and supply chain digital transformation.
www.dentsutracking.com

For further information please contact:
Media / Press Contact
Dentsu Tracking, Geneva.
Brittany Groot brittany.groot@dentsuaegis.com

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