TORONTO, May 21, 2024
/PRNewswire/ - Award-winning global Insurtech BOXX Insurance
Inc. that combines cyber insurance and security has announced the
launch of a cutting-edge cyber risk solution in collaboration with
Zurich Insurance Group in Switzerland, providing digital protection for
individuals and families.
Recognizing the critical need for comprehensive protection
against digital threats Zurich Insurance in Switzerland has partnered with technology
partner BOXX Insurance to develop a user-friendly
solution designed to help individuals and families better predict
and prevent potential scams and digital threats.
Designed for simplicity, the app's personalized experience puts
users' digital safety front and centre, featuring an easy-to-use
interface designed by Zurich Insurance in Switzerland and developed by BOXX in
close collaboration with Zurich.
The App is now available in Switzerland offering support in English,
German, French and Italian.
"We created this to give individuals and families what they
want – an app that delivers an essential bundle of tools at
users fingertips including access to experts in the event of a
cyber emergency," explained Vishal
Kundi, CEO and Founder, BOXX Insurance. "Smartphones have
become the fastest-selling gadgets in history. They have penetrated
every aspect of daily life. The average person picks their phone up
to 100 times a day so if we want to make their world a digitally
safer place, we have to ensure their phone and their usage is
better secured," Kundi added.
"An extensive research conducted by Zurich Insurance in
Switzerland showed that many are
not aware of online dangers and that around a quarter have already
been victims of a cyber-attack. In addition, customers are simply
overwhelmed with the range of cyber products," says René Harlacher,
Chief Underwriting Officer of Zurich Insurance in Switzerland. "At Zurich, it's our mission to go beyond mere
protection, and also offer our customers tools to help them build
resilience and implement preventative measures against cyber risks.
Based on these facts, we are expanding our cyber offering for
private individuals so that we can provide them with support
before, during and after a possible cyber-attack. This is exactly
where our joint offering with BOXX Insurance comes in, as a way to
lend additional support to our customers," he adds.
The newly launched solution by Zurich Insurance in Switzerland focuses on providing essential
services to help prevent digital threats combined with emergency
assistance and support in case of an emergency. Delivered to end
customers by Zurich, key features
include:
- Identity Protection: Identifies if personal data
captured in the app shows up on the dark web and notifies users,
providing help and advice to reduce threats of identity theft.
- Secure VPN: By creating a secure and encrypted
internet connection the VPN protects data from potential threats
such as hacking, identity theft, and phishing attacks.
- Secure WiFi: Scans WiFi networks for threats and
helps proactively detect security issues.
- Safe Browsing: Warns against harmful websites and links
to protect privacy and personal data.
- Device Protection: Checks and improves the security
settings of devices. Devices with the Android operating system are
additionally protected against viruses and malware.
- Password Manager: Creates and manages strong passwords
and assists with their use.
- Edutainment: Educational content in an entertaining way
to raise awareness of personal cyber security.
- Emergency Support and Assistance: Help and assistance
from cyber security experts to provide support in cyber emergencies
and for many other IT-related problems.
The new offering is available here:
https://www.zurich.ch/en/private-customers/living-events/cyberprotection/insurance-prevention
"From providing protection from the dangers of being connected
at home and on the go, customers now have the means to keep their
devices and data secure and have access to indispensable help in an
emergency, all in one easy-to-use app," Kundi added.
Zurich has been
working with BOXX since 2021 and participated in
BOXX's Series A and Series B funding rounds. As
a Zurich Global Ventures portfolio company, BOXX is proud
to now extend the ongoing collaboration with Zurich to enable Swiss customers to be
digitally safer.
About BOXX Insurance
BOXX Insurance Inc. helps businesses, individuals and families
insure and defend against cyber threats. Privately-held with
headquarters in Canada, BOXX has
global offices in Toronto,
Miami, Zurich, Dubai and Mumbai.
BOXX Insurance is an award-winning global cyber protection and
insurance provider. We're not a typical company. That's by design.
We're serious about making the world a digitally safer place;
creating real, positive changes for our clients and partners, and
building a lasting legacy, from what we create, inside the
BOXX.
Every day we're improving the digital health of businesses,
families and individuals around the world who rely on BOXX's
solutions and services to predict, prevent and insure them against
cyber threats.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/cyber-insurtech-boxx-partners-with-zurich-insurance-group-in-switzerland-to-introduce-breakthrough-personal-cyber-product-302149656.html
SOURCE BOXX Insurance