Zurich Insurance Group has agreed to acquire BOXX Insurance, a cyber insurtech company, for an undisclosed sum.  

Set up in 2018, BOXX Insurance has customer base of nearly one million globally. 

It offers products such as Cyberboxx Business Edition and Cyberboxx Home Edition, which provide combined cyber insurance and cybersecurity services for businesses and households, respectively.  

Additionally, BOXX has developed Cyberboxx Assist, a suite of cybersecurity tools and services. 

The company’s recent growth initiatives include an expansion into the US market and the development of cyber solutions for markets in India, Europe, and Australia. 

BOXX Insurance CEO and co-founder Vishal Kundi said: “Becoming part of Zurich provides us with the resources and global reach to accelerate our mission. Combining the strengths of both organisations, will enable us to provide even more customers with the protection they need to navigate the digital world with confidence.” 

Upon the acquisition, BOXX will remain as a standalone entity. 

Zurich Global Ventures CEO Cara Morton stated: “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.  

“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.” 

Perella Weinberg Partners acted as the financial advisor to BOXX, with Osler, Hoskin & Harcourt providing legal counsel.  

In April 2025, Zurich invested in Ominimo Insurance, joining as distribution partner and minority shareholder.