Zurich Acquires BOXX to Strengthen Global Cyber Protection Capabilities
Zurich Acquires BOXX to Strengthen Global Cyber Protection Capabilities
Zurich Insurance Group has announced the acquisition of BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, in a move that significantly enhances Zurich’s global cyber protection offering for retail and SME customers.

BOXX will become part of Zurich Global Ventures (ZGV), further accelerating ZGV’s ambition to grow its cyber insurance solutions and expand a portfolio of digital-first, value-added services. While BOXX will retain its brand and continue to operate independently, the integration will support Zurich’s mission to deliver holistic solutions across prevention, protection, and recovery — tailored to both retail and B2B2E segments.

“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,” said Cara Morton, CEO of 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.”

Vishal Kundi, CEO and Co-Founder of BOXX, added: “Becoming part of Zurich provides us with the resources and global reach to accelerate our mission. 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.”

Founded in 2018, BOXX has grown rapidly and now supports nearly one million customers across five continents. Recognized as Insurtech of the Year by Insurance Business Canada in November 2024, the company has become a key player in delivering cyber protection to underserved markets.

The acquisition underscores Zurich’s continued investment in next-generation insurance capabilities and its commitment to helping individuals and businesses manage growing digital risks.

Share this article:

APPLY TO SPONSOR

Gain access to the most senior audience of insurance executives, entrepreneurs, and investors. We offer a wide range of opportunities for you to engage with our attendees from networking to thought leadership.

Sponsorship packages provide a wide range of opportunities developed for almost any budget and are designed to help achieve your branding, networking, and/or thought leadership goals. 

Insurtech Insights USA 2025

Join us at USA's leading insurtech conference at Javits Center, New York
on June 4-5th, uniting over 6,000 senior insurance professionals!