The Source for Cyber Insurance News, Insights and Data
Zurich’s Strategic Acquisition of BOXX Insurance Zurich Insurance Group announced today an agreement to acquire BOXX Insurance, a global leader in cyber Insurtech. BOXX operates on five continents, offering cyber insurance and protection. Following the acquisition, BOXX will continue operations independently. Expanding Cyber Protection Globally The acquisition aligns with Zurich’s strategy to expand digital security … Read more
Throughout history, governments and private sectors have joined forces to manage threats that surpass the capacity of either to handle alone. From pooling resources to address nuclear risks under the U.S. Price-Anderson Act of 1957, to the establishment of the National Flood Insurance Program in 1968, and the Terrorism Risk Insurance Act following the September … Read more
Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has raised $60 million in Series C funding from Zurich Insurance Group. The funding will help Cowbell scale operations, expand internationally, enhance cyber resilience services, and introduce new products. The investment will allow Cowbell to leverage AI and GenerativeAI (GenAI) to optimize its technological … Read more
Remember when a neighborhood watch or a trusty home alarm system was enough to keep your home safe? Today, BOXX Insurance Inc. and Zurich Insurance Group in Switzerland have launched the digital equivalent: the Zurich Cyber Security App. This new app acts like a vigilant neighbor, keeping a watchful eye on your online world and … Read more
Zurich Insurance Group has forged a strategic alliance with cybersecurity firm CYE, launching an innovative service designed to fortify businesses against the escalating threat of cybercrime. Revealed last week, this partnership seeks to address the burgeoning challenge of cyber threats, identified by the World Economic Forum as one of the principal global risks to businesses. … Read more