Zurich-BOXX Deal Shines Spotlight on Canadian, Home-Grown Insurtech

Zurich-BOXX deal shines spotlight on Canadian, home-grown insurtech

Zurich Insurance Group has entered into an agreement to acquire Canadian-based cyber insurance specialist BOXX Insurance. The terms of the deal were not disclosed. Zurich says BOXX will be integrated into its Zurich Global Ventures (ZGV) group, with BOXX continuing under its own brand. The deal will see BOXX continue as a standalone entity. Launched in 2018, BOXX has grown to serve close to one million customers across five continents. It’s an e…

Leading Global Insurtech BOXX Insurance To Be Acquired By Zurich

BOXX Insurance Inc., 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.

Insurtech Companjon set to close Dublin office

Swiss insurance company La Mobilière has announced the closure of its Dublin-based business, Companjon. According to reports, the company has decided to place a stronger focus on its core insurance and pensions business in Switzerland. Companjon currently has around 60 employees across Ireland and Europe, with 34 jobs set to be lost in the Irish capital. Companjon operates mostly on a business-to-business model, with its insurance policies embed…

Leading Global Insurtech BOXX Insurance to be Acquired by Zurich

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Zurich Acquires BOXX, Boosting Its Cyber Protection Capabilities

Zurich Insurance Group has acquired BOXX to enhance its cyber protection capabilities. The Zurich BOXX acquisition supports strategic expansion in digital risk management. BOXX will be integrated into Zurich Global Ventures (ZGV), accelerating its ambition to grow its cyber offering for retail and SME customers and expand the range of value-adding solutions with a global reach. BOXX will continue to operate under its brand. In addition to operat…