BOXX Expands Product Suite with New School Tech E&O for Tech Companies

BOXX Insurance, the original all-in-one cyber insurance and protection company today announced Tech E&O by BOXX for next gen startup and mature tech companies spanning within SaaS, AI and digital infrastructure specialties. 

Tech E&O by BOXX offers Brokers and their tech clients coverage built to stay ahead by combining complete Tech E&O cover with Canada’s leading all-in-one cyber insurance product, Cyberboxx® Business.  

“Old-school E&O was never built for the reality of AI errors, data poisoning, or technology discrimination,” said Phil Baker, Chief Underwriting Officer. “We built Tech E&O by BOXX with stronger, broader terms that move at the speed of innovation, giving brokers and their tech clients the confidence they need from day one,” he continued. 

From AI errors to data poisoning, Tech E&O by BOXX keeps businesses protected against the real-world risks that come with building and scaling technology. There’s no ambiguity or coverage gaps for companies built with future and emerging tech like AI, blockchain or LLMs. It’s smarter and faster protection that moves at the speed of innovation with coverages like: 

• Technology Discrimination Liability: Covers allegations of technology or algorithm discrimination under anti-discrimination laws like the Accessible Canada Act.
• Social Engineering of Key Personnel Coverage: Protects senior executives from personal cyber theft losses when targeted by scammers.  
• Cryptocurrency Theft: Covers crypto loss in fraud & manipulation events. 
• Retention Waiver for Fast Incident Reporting: Retention of incident waived if reported within 24 hours (terms and conditions apply).  
• Broader Media & IP Scope: IP infringement, personal injury and negligence in media content includes a broad definition of online and offline content. 

“Tech E&O by BOXX is the complete package that Brokers have been waiting for. It’s compelling, straightforward to explain and provides a truly thoughtful and complete approach to managing the next generation of digital risks. It delivers genuine peace of mind to the Brokers representing fast moving tech companies,” said Jonathan Weekes, President, Canada. 

In addition, all Tech E&O by BOXX policies include Cyberboxx® Assist, a comprehensive suite of cyber security tools and services designed to help individuals and businesses predict, prevent and respond to cyber threats through risk assessments, compliance tools and 24/7 expert support. 

For more information about binding a Tech E&O by BOXX policy visit the product page here. 

Originally published on CISION Newswire by BOXX Insurance

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Media Contact:   
Sarah Madden, Growth Marketing & Communications Lead
news@boxxinsurance.com