News

Leading Global Insurtech BOXX Insurance to be Acquired by Zurich

  • BOXX has entered into an agreement to be acquired by Zurich Insurance Group (Zurich).

  • The transaction will see BOXX continue to operate as a standalone entity.

  • Launched in 2018, BOXX has rapidly scaled to serve close to one million customers.

BOXX Insurance Inc. (“BOXX”), a global cyber Insurtech, announced today it has entered into an agreement to be acquired by Zurich Insurance Group (Zurich), a leading global multi-line insurer. BOXX is known as the original all-in-one cyber insurance and protection company, serving customers across five continents. The transaction will see BOXX continue to operate as a standalone entity.

“Becoming part of Zurich provides us with the resources and global reach to accelerate our mission,” said Vishal Kundi, BOXX Insurance CEO and Co-Founder. “Combining the strengths of both organizations, will enable us to provide even more customers with the protection they need to navigate the digital world with confidence.”

Cara Morton, CEO Zurich Global Ventures, said: “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.”

Launched in 2018, BOXX has rapidly scaled to serve close to one million customers with its innovative suite of Cyberboxx® products, including:

  • Cyberboxx® Business Edition: All-in-one solution that combines cyber insurance and cyber security services to protect small to medium-sized businesses.
  • Cyberboxx® Home Edition: All-in-one solution that combines cyber insurance and cyber security services to protect households.
  • Cyberboxx® Assist: Comprehensive suite of cyber security tools and services designed to help individuals and businesses predict, prevent and respond to cyber threats.

“Digital usage is so ingrained in our daily lives,” added Vishal Kundi. “Our team of BOXXers are constantly exploring new and creative ways to further our mission of building digital resilience for individuals and businesses by integrating innovative cyber coverages and solutions to ensure our customers are protected online,” he continued.

This acquisition builds upon the recent investments, strategic hires and distribution partnerships with notable brands that BOXX has made, including the launch of Cyberboxx® Assist, a significant expansion into the US market and the establishment of cyber solutions and services in markets across India, Europe and Australia.

Perella Weinberg Partners LP served as financial advisor to BOXX with Osler, Hoskin & Harcourt LLP acting as legal counsel.

–––

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

About BOXX Insurance

BOXX Insurance helps businesses, individuals and families insure and defend against cyber threats, harnessing the power of ALL IN ONE Cyber Insurance and Protection. Headquartered in Toronto, Canada, with offices worldwide, BOXX is a global, award-winning provider of cyber protection services & cyber insurance coverage.

We're not a typical insurance company. That's by design. We're obsessive about making our clients’ digital worlds safer and more livable; creating real, positive changes for our clients, partners and brokers. With comprehensive, technologically advanced products and services that have a strong emphasis on predicting, preventing and insuring against negative cyber events, BOXX is dedicated to protecting and digitally safeguarding our clients, our brokers' clients and our partners' customers, 365 days a year.

Related Posts

News BOXX Announces Cyberboxx® Assist – Cutting-Edge Cyber Services that Build Digital Resilience Amongst Businesses & Homes 

BOXX Announces Cyberboxx® Assist – Cutting-Edge Cyber Services that Build Digital Resilience Amongst Businesses & Homes 

BOXX Insurance announced Cyberboxx® Assist, a comprehensive suite of cyber security tools and services designed to help individuals and businesses to cyber threats through risk assessments, compliance tools and 24/7 expert support from real cyber security experts.

21/05/2025
News BOXX Insurance Inc. announces expansion plan into Latin America

BOXX Insurance Inc. announces expansion plan into Latin America

Canadian Insurtech, BOXX Insurance Inc., announces its plan to launch the world’s first fully-integrated cybersecurity and insurance solution in Latin America.

18/09/2018

Sign up for the BOXX Insurance Newsletter

Get the latest updates about Cyber Insurance and Protection with our newsletter.