BOXX Insurance, the pioneering all-in-one cyber insurance and technology protection firm, has unveiled Tech E&O by BOXX, a new policy designed for tech companies of all sizes.
The coverage spans startups, mid-sized firms and large enterprises operating across SaaS, AI, digital infrastructure and traditional software.
The new offering is built on a next-generation policy form tailored to both traditional and emerging technologies. It features broader policy wording and stronger terms that reflect real-world risks faced by modern tech companies, including cutting-edge technologies such as artificial intelligence.
Every policy is bundled with integrated cyber coverage, threat protection, 24/7 incident response and proactive cyber services, forming a complete digital risk management package.
“Traditional E&O wasn’t designed for how companies operate today and it was never built for today’s reality of algorithmic biases, data poisoning or technology discrimination,” said Phil Baker, Chief Underwriting Officer at BOXX Insurance. “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 in coverage they need from day one,” he continued.
“We’ve built this policy from the ground up, addressing gaps, reducing exclusions and broadening triggers,” said Erik Tifft, Head of Products. “Tech E&O by BOXX is the complete package that Brokers have been waiting for as it provides a complete approach to managing evolving digital risks,” he continued.
Tech E&O by BOXX protects companies against a range of real-world technology risks, providing clear coverage for organisations using both traditional and emerging technologies. Key features include:
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Technology Discrimination Coverage: Protection against allegations of algorithm or technology discrimination under anti-discrimination legislation such as the Americans with Disabilities Act (ADA).
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Social Engineering of Key Personnel Coverage: Safeguards senior executives from personal cyber theft when targeted by fraudsters.
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Digital Asset Theft: Coverage for losses from digital asset fraud and market manipulation.
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Retention Waiver for Fast Incident Reporting: Cyber incident retention is waived if reported within 24 hours (terms and conditions apply).
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Broader Media & IP Scope: Includes intellectual property infringement, personal injury and negligence across online and offline media content.
Additionally, all Tech E&O by BOXX policies provide complimentary access to BOXX’s risk management platform, which offers tools, training and resources to strengthen internal controls, alongside 24/7 expert support in the event of a cyber incident.
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