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Description

BOXX Insurance Canada delivers Cyberboxx®, a comprehensive cyber protection solution that goes beyond traditional insurance by integrating cyber threat prediction, prevention, and coverage for small businesses and residential users. Their platform boosts digital resilience through advanced security tools, including managed firewalls, backups, and continuous cyber monitoring, alongside user training programs. The insurance coverage is underwritten by Lloyd’s, supported by Hackbusters® incident response and recovery services to manage cyber breaches swiftly. Cyberboxx® Business enhances small business protection by offering exclusive services such as a virtual Chief Information Security Officer (CISO) to guide cybersecurity strategy. For individual consumers, Cyberboxx® Home secures homes with an all-in-one cyber insurance and protection package. BOXX also partners with enterprises and corporate clients to provide scalable cyber insurance solutions and develop new revenue streams. Their Broker Portal simplifies policy quoting, binding, and breach response support to make cyber insurance easy for brokers. Overall, BOXX aims to make cyber insurance accessible while building strong digital defenses.

Description

Cyber liability insurance serves as a safeguard for small businesses against the substantial financial repercussions stemming from data breaches and cyberattacks. It encompasses various costs, including notifying customers, providing credit monitoring services, covering legal expenses, and paying fines. With the rise in frequency and cost of cyber threats, small businesses, often equipped with inadequate cybersecurity measures, find themselves at heightened risk. A cyberattack can have dire consequences, potentially leading to a business's closure; startlingly, 60% of small businesses do not survive beyond six months following such an incident. By securing cyber insurance, businesses can mitigate the financial fallout from these attacks, ensuring coverage for legal fees, credit monitoring, and other significant expenses. Furthermore, in instances where hackers demand ransom for stolen sensitive information, cyber liability insurance can assist in meeting those demands, facilitating a more robust recovery process for the affected business. Thus, this type of insurance is not merely a precaution but a vital component of a small business's risk management strategy.

API Access

Has API

API Access

Has API

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Integrations

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Integrations

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Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

BOXX Insurance

Founded

2018

Country

Canada

Website

boxxinsurance.com

Vendor Details

Company Name

Insureon

Founded

2011

Country

United States

Website

www.insureon.com/small-business-insurance/cyber-liability

Product Features

Product Features

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