BOXX Insurance, the original all-in-one cyber insurance and protection provider, has launched a new product, Tech E&O by BOXX, aimed at next-generation startups and mature technology firms across SaaS, AI and digital infrastructure segments.
The company introduced the new offering as a direct response to the rapidly evolving digital risk environment.
As AI-driven operations, data-rich platforms and advanced digital infrastructure become commonplace, traditional errors and omissions products have struggled to keep up with emerging exposures.
BOXX Insurance specialises in delivering cyber insurance and protective services designed to help businesses anticipate, defend against and recover from cybersecurity threats. Its suite of solutions combines insurance coverage, security technology and expert assistance to support organisations of all sizes.
Tech E&O by BOXX integrates comprehensive technology errors and omissions insurance with the firm’s flagship Cyberboxx® Business solution, positioning the product as a single, unified policy for tech-driven enterprises. The coverage is crafted to address contemporary risks such as AI errors, data poisoning and machine-learning-related liabilities, ensuring no ambiguity for companies building on AI, blockchain or large language models.
The product includes a range of advanced protections: Technology Discrimination Liability for allegations tied to algorithmic discrimination; Social Engineering of Key Personnel Coverage to protect executives targeted by cyber criminals; Cryptocurrency Theft cover for losses linked to fraud or manipulation; a Retention Waiver for rapid incident reporting; and enhanced media and IP protection across online and offline content.
All Tech E&O by BOXX policies also include Cyberboxx® Assist, the firm’s suite of cyber security tools and services. These support businesses with risk assessments, compliance capabilities and round-the-clock expert response.
BOXX Insurance chief underwriting officer Phil Baker said, “Old-school E&O was never built for the reality of AI errors, data poisoning, or technology discrimination. We built Tech E&O by BOXX with stronger, broader terms that move at the speed of innovation, giving brokers and their tech clients the confidence they need from day one,” he continued.
BOXX Insurance president, Canada Jonathan Weekes said, “Tech E&O by BOXX is the complete package that Brokers have been waiting for. It’s compelling, straightforward to explain and provides a truly thoughtful and complete approach to managing the next generation of digital risks. It delivers genuine peace of mind to the Brokers representing fast moving tech companies.”
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