WTW & Kayna Partner with Vibrant to Support Third-Party Vendor Cybersecurity Insurance Compliance with Investing.com

NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW ), a leading global consulting, sales, and solutions company, today announced a partnership with Kayna, an award-winning insurance infrastructure platform; and Vibrant, an Easton, Pennsylvania-based platform that handles third-party vendor cybersecurity oversight by tracking insurance information.

• US-based vertical SaaS platform Vibrant manages third-party vendor cybersecurity oversight by directly underwriting insurers with coverage information from carriers;
• Kayna’s embedded insurance infrastructure enables WTW insurance distribution through continuous assessment of vendor coverage to close security gaps and secure ongoing compliance programs;
• A solution designed to support Procurement, Operations and Supply Chain functions within various industry solutions including Manufacturing, Education, Healthcare, Utilities, Financial Services, Retail, State and Municipal Government

Vibrant’s innovative platform enables organizations with extensive vendor networks to easily monitor the cybersecurity posture of their supply chain, providing continuous, real-time insights without the need for time-consuming, expensive audits. The partnership, with the integration of Kayna’s technology that facilitates WTW’s insurance distribution, enhances Vibrant’s insurance-based model by generating real-time alerts when a merchant’s cyber security posture may pose a risk to the organizations they support. This integration also gives risk dealers instant access to insurance index quotes and streamlined policy generation, effectively closing security gaps in the supply chain. This comprehensive approach simplifies third-party risk management, in addition to promoting improved levels of cyber security across the merchant ecosystem.

Paul Prendergast, Founder and CEO, Kayna, commented, Vibrant makes cyber risk detection easier for retailers by tapping into trusted, advanced warning systems from insurance carriers. Our role is to add value by leveraging Kayna’s technology to trigger merchant risk alerts and facilitate access to WTW insurance products. We remove heavy paperwork and administrative burdens from organizations and their vendors, facilitate rapid onboarding of new providers, and facilitate the provision of right-sized cybersecurity solutions for each business from an extensive list of approved vendors. This is a customized, automated solution that enables organizations to maintain strong controls to manage vendors as they conduct their day-to-day business.

Kayna’s technology uses dynamic monitoring data to facilitate the provision of the right, right-sized, insurance policies sold by WTW to at-risk dealers. The partnership improves organizational oversight and risk management controls, as well as vendor compliance, to reduce breaches resulting from vendor vulnerability.

Rathi Niyogi, CEO, Vibrant, commented, Monitoring the cyber security posture of a large number of vendors has traditionally been very expensive and complex. Our solution addresses this difficulty in a way that is designed to be very simple, capable of monitoring a large number of merchants while requiring minimal resources. Through our new Kayna partnership with WTW, Vibrant is leveraging the power of InsurTech innovation to bring incredible capabilities to organizations that have been priced out of the protection they need.”

Nabeel Tanveer, Director of Growth Programs and Strategy, Affinity, WTW, added, The ability to now plan insurance solutions that continuously deliver embedded insurance options ” while flagging changes in the risk profile of any merchant during the insurance policy ” is a significant demonstration. around the alignment of WTW and Kayna technologies. Vibrant is an excellent platform for solving risk challenges for their customer base. Working together, we will work to close the coverage gap, while helping to solve the real problem of underinsurance.

About Kayna

Kayna enables embedded insurance through vertical SaaS platforms. It provides the technology and data orchestration layer between carriers, resellers and any SaaS platform directly to distribute products directly relevant to the platform’s customers. Founded in 2021, Kayna was developed at Founders Factory Venture Studio in partnership with Aviva (LON:). Lloyd’s Lab Accelerator Program Cohort 9 alumnus, and winner of InsurTech NY’s Carrier/Broker 2023 Global Early-Stage Insurtech competition. Kayna is partnered with AEGIS London and WTW and is backed by Delta Partners (Ireland), MiddleGame Ventures (pan-European), Aperture (Switzerland), and InsurTech Fund, an affiliate of InsurTech New York (US) . Kayna operates across platforms that serve millions of people and businesses worldwide, from field services, fintech and retail, to personal care and wellness. For more information, visit

About Vibrant

Vibrant is a third-party cybersecurity management platform that gives organizations independent oversight of their vendors or suppliers. Vibrant serves organizations that are exposed to significant cyber security risks from multiple vendors but face resource constraints that prevent adequate monitoring. Simplicity (NASDAQ:) is the guiding principle of Vibrant’s approach, which uses a resource that retailers already use: cybersecurity insurance. A standalone, hands-free solution, Vibrant allows organizations to monitor thousands of vendors with minimal cost and effort. For more information, visit

About WTW

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and finance. Using the global perspective and local expertise of our partners serving 140 countries and markets, we help organizations sharpen their strategies, improve organizational resilience, motivate their employees and increase efficiency. Working hand-in-hand with our clients, we uncover opportunities for sustainable success” and provide you with a vision that will inspire you. Learn more at wtwco.com.

Media Contacts

Douglas Menelly
Douglas.Menelly@wtwco.com +1 (516) 972 0380

Arnelle Sullivan
Arnelle.Sullivan@wtwco.com +1 (718) 208-0474

Source: Willis Towers Watson (NASDAQ:) US LLC