Zurich Insurance partners with BOXX to develop cyber risk solution

By Gloria Methri

Zurich Insurance in Switzerland has partnered with technology partner BOXX Insurance to develop a cyber risk solution to help individuals prevent potential scams and digital threats.

The user-friendly app, featuring an easy-to-use interface, 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 of 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 must ensure their phone and their usage is better secured,” Kundi added.

“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 overwhelmed with the range of cyber products,” said René Harlacher, Chief Underwriting Officer of Zurich Insurance in Switzerland.

The newly launched solution focuses on providing essential services to help prevent digital threats combined with emergency assistance and support in case of an emergency.

“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 has extended the ongoing collaboration with Zurich to enable Swiss customers to be digitally safer.