Miami, FL (Aug. 8, 2023) – BOXX Insurance is pleased to announce it has been named one of the world’s 50 most promising insurtech companies, according to CB Insights’ prestigious annual Insurtech 50 list. This honour recognizes BOXX Insurance’s significant strides in utilizing innovative technologies to revolutionize the insurance industry and rates the company in the top five in CB Insights’ Cyber Insurance category.
The Insurtech 50 list started from a pool of over 2,000 companies, with winners selected based on various criteria, including technology novelty, market potential, R&D activity, business relationships, and team strength. BOXX Insurance distinguished itself in these areas, earning recognition for its pioneering work in the cyber insurance space.
“Our inclusion in the Insurtech 50 list is a testament to the tireless efforts of our team and our unwavering commitment to providing our customers with superior insurance solutions,” said Vishal Kundi, BOXX’s CEO. “We are honoured by this recognition and remain dedicated to continued innovation in the cybersecurity and insurance industries.”
BOXX Insurance is in good company, sharing the spotlight with insurtech firms from around the globe that are leading the charge in areas like cyber insurance, climate risk, and risk transfer exchanges. This year’s winners, which proudly include BOXX Insurance, represent the forefront of the insurtech industry, all of whom are challenging long-held norms, creating groundbreaking solutions, and pushing technology to its limits.
In February, BOXX announced its US$14.4 million Series B funding round, bringing the total amount raised from investors to US$24.5 million. The Series B investment was led by global giant Zurich Insurance Company Ltd (Zurich).
About BOXX Insurance
BOXX Insurance Inc. helps businesses, individuals 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 more information, visit boxxinsurance.com.
Source: BOXX Insurance
Tags: awards, Boxx Insurance, CB Insights, Cyber Insurance, InsurTech
