BOXX INSURANCE PRESS RELEASE

OCTOBER 19, 2021

Cyber insurer BOXX Insurance and cybersecurity firm Asceris announce partnership

Press Release

Toronto, Canada, October 19, 2021

BOXX Insurance, the Toronto-based fast-growing cyber insurtech, is pleased to announce a new partnership with security consulting firm Asceris.

The partnership was confirmed at the recent NetDilligence Cyber Risk Summit in Santa Monica, and follows BOXX’s announcements that it closed its Series A financing round and is expanding to the US.

 

Under BOXX’s Hackbusters banner, the Asceris partnership will add to BOXX’s incident response capabilities. BOXX’s new service with Asceris includes 24/7 incident response and new services that have been customized for BOXX’s consumer and employee benefit clients. With this partnership, Asceris will provide BOXX clients with a seamless escalation from suspected incident to full Incident Response and Forensics support.

Said Vishal Kundi, CEO & Co-founder of BOXX: “Too often, we see individuals and families struggle to know how to stay ahead of threats, really panic in the event of an incident and then suffer the ignominy of being severely out of pocket. BOXX solves all three problems in one integrated product.”

The collaboration with Asceris will fuel BOXX’s mission to become a leader in personal cyber insurance. It follows BOXX’s global partnership with Consumer Privacy and Security specialist AURA. “By leveraging such partnerships, BOXX is able to craft meaningful propositions for consumers and boost their confidence to avail of all the good things digital can provide,” Kundi said.

Anthony Hess, CEO at Asceris and former executive at CFC Underwriting and the Big 4 consulting firm KPMG, commented: “Consumers continue to struggle to know how to address cyber risk. The threats are constantly evolving, so in addition to being more secure and better prepared, consumers need to have timely access to the right expertise in case the worst happens. BOXX delivers on all of these requirements. Their innovative business model combined with their global reach provides them with an exceptional ability to strengthen cyber defenses and reduce the impact of cyber events. Asceris is excited to work with BOXX and we look forward to a long relationship and the opportunities this partnership brings.”

Hess added: “We were really attracted to BOXX’s laser focus on values and their mission to help individuals and families be better secured and prepared. We share their philosophy of ‘simplicity wins’. We believe BOXX’s integration of our incident response capabilities into their Hackbusters response model will add significant assurance and support to BOXX customers and partners.”

Cyberboxx Asceris BOXX.jpg
Cyberboxx Website _ Logo - BOXX Insurance_Black.png

About BOXX Insurance

 

BOXX Insurance Inc. helps businesses and families insure and defend against cyber threats. BOXX Insurance Inc. is privately-held with headquarters in Toronto, Canada. BOXX’s vision is to help businesses, individuals and families stay ahead of, respond to and recover from cyber threats, putting their digital safety first.

 

For further information, please visit www.boxxinsurance.com.

Stay update with cyber security and

Subscribe to the BOXX Blog

miami-skyline-aerial-picture-id1298590609.jpg

October 05, 2021

Cyberboxx Website _ Resources - Logo_Press Canadian Underwriter.jpg

Canadian cyber MGA looking for carrier partners for international expansion

BOXX Insurance is about to set up an office in Miami and is looking for carriers to underwrite its cyber coverages outside of Canada.

ryan-parker-mqpawAQXRyA-unsplash.jpg

October 01, 2021

Cyberboxx Website _ Resources - Logo_Press Canadian Underwriter.jpg

Canadian cyber MGA expands to the United States

BOXX is expanding to the United States and has hired a former CEO Latin America for RSA to lead that move from Miami.

4b0dbeea-239d-41b5-a885-740a6e7cc1f0.jpg

October 01, 2021

Logo - Zurich.png

BOXX expands to United States, appoints Hilario Itriago as President of BOXX USA

Itriago, who is based in Miami, has been instrumental in the expansion of the Insurtech ecosystem across the USA and Latin America.