Latest news with #BOXXInsurance
Yahoo
21-07-2025
- Business
- Yahoo
TripJack launches cyber protection service for travellers with BOXX Insurance
India-based B2B travel platform TripJack has partnered with BOXX Insurance to introduce CyberSafe, a cybersecurity solution for travellers. The solution employs a suite of protective services to address cybersecurity threats faced by Indian travellers. CyberSafe will offer identity monitoring, which includes surveillance of the dark web to detect potential compromises of personal data, to identify and rectify vulnerabilities. Additionally, the service features a digital risk assessment tool involving a questionnaire that assesses a user's online behaviour, calculates a risk score and provides recommendations to minimise digital risk exposure. TripJack director Hussain Patel said: 'Travellers today face an increasingly complex digital risk landscape. Through the launch of CyberSafe in collaboration with BOXX Insurance, we are proud to offer essential tools and support to help our customers stay one step ahead of cyber threats.' The platform also provides educational content under the banner of digital safety, including a collection of articles and videos to bolster users' cybersecurity knowledge. Users are prompted to review breaches associated with their email ID and other sensitive details in the portal dashboard ID monitoring section, and email alerts regarding breaches will also be sent. BOXX Insurance Asia Middle-East president Milan Naik stated: 'Cyber protection should be as essential as travel insurance. Together with TripJack, we are redefining what it means to travel safely in a digital-first world.' Earlier this month, BOXX Insurance agreed to be acquired by Zurich Insurance Group. "TripJack launches cyber protection service for travellers with BOXX Insurance " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
04-07-2025
- Business
- Yahoo
Zurich to buy cyber insurtech company BOXX Insurance
Zurich Insurance Group has agreed to acquire BOXX Insurance, a cyber insurtech company, for an undisclosed sum. Set up in 2018, BOXX Insurance has customer base of nearly one million globally. It offers products such as Cyberboxx Business Edition and Cyberboxx Home Edition, which provide combined cyber insurance and cybersecurity services for businesses and households, respectively. Additionally, BOXX has developed Cyberboxx Assist, a suite of cybersecurity tools and services. The company's recent growth initiatives include an expansion into the US market and the development of cyber solutions for markets in India, Europe, and Australia. BOXX Insurance CEO and co-founder Vishal Kundi said: "Becoming part of Zurich provides us with the resources and global reach to accelerate our mission. Combining the strengths of both organisations, will enable us to provide even more customers with the protection they need to navigate the digital world with confidence." Upon the acquisition, BOXX will remain as a standalone entity. Zurich Global Ventures CEO Cara Morton stated: "We have had a very successful collaboration with BOXX since 2021, and I am thrilled to strengthen our partnership by welcoming BOXX to Zurich Global Ventures. 'BOXX's digital-first, service-led approach will help us further enhance customer engagement and provide integrated solutions that make people's everyday life easier." Perella Weinberg Partners acted as the financial advisor to BOXX, with Osler, Hoskin & Harcourt providing legal counsel. In April 2025, Zurich invested in Ominimo Insurance, joining as distribution partner and minority shareholder. "Zurich to buy cyber insurtech company BOXX Insurance " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-07-2025
- Business
- Yahoo
Zurich to buy cyber insurtech company BOXX Insurance
Zurich Insurance Group has agreed to acquire BOXX Insurance, a cyber insurtech company, for an undisclosed sum. Set up in 2018, BOXX Insurance has customer base of nearly one million globally. It offers products such as Cyberboxx Business Edition and Cyberboxx Home Edition, which provide combined cyber insurance and cybersecurity services for businesses and households, respectively. Additionally, BOXX has developed Cyberboxx Assist, a suite of cybersecurity tools and services. The company's recent growth initiatives include an expansion into the US market and the development of cyber solutions for markets in India, Europe, and Australia. BOXX Insurance CEO and co-founder Vishal Kundi said: "Becoming part of Zurich provides us with the resources and global reach to accelerate our mission. Combining the strengths of both organisations, will enable us to provide even more customers with the protection they need to navigate the digital world with confidence." Upon the acquisition, BOXX will remain as a standalone entity. Zurich Global Ventures CEO Cara Morton stated: "We have had a very successful collaboration with BOXX since 2021, and I am thrilled to strengthen our partnership by welcoming BOXX to Zurich Global Ventures. 'BOXX's digital-first, service-led approach will help us further enhance customer engagement and provide integrated solutions that make people's everyday life easier." Perella Weinberg Partners acted as the financial advisor to BOXX, with Osler, Hoskin & Harcourt providing legal counsel. In April 2025, Zurich invested in Ominimo Insurance, joining as distribution partner and minority shareholder. "Zurich to buy cyber insurtech company BOXX Insurance " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
03-07-2025
- Business
- Bloomberg
Zurich Insurance Buys Canadian Insurance Technology Firm BOXX
Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer's latest push into the insurance technology sector. The acquisition will see BOXX becoming part of Zurich's platforms business, Zurich Global Ventures, the company said in a statement. Financial terms of the transaction were not disclosed.
