Cyber ​​insurance BOXX Insurance strengthens its management team with the recruitment of executives from Paypal and Deloitte

TORONTO, July 25, 2022/PRNewswire/ — BOXX Insurance, a global cyber insurance specialist based in Torontotoday announced the appointment of Eric Newman as Chief Operating Officer, and Steve Penney as Chief Technology Officer.

Eric Newman, Chief Operating Officer at BOXX Insurance

BOXX modernizes cyber insurance and uses advanced technology to proactively identify and address cyber threats.

Newman will support the development of BOXX’s strategic growth program by leading strategic planning, governance, legal and compliance functions. He will further strengthen BOXX’s leadership team as the company continues to expand globally.

“I am delighted to join the BOXX team and am excited about the growth program ahead of us,” said Newman. “This is an incredibly exciting time for BOXX. »

Based in Palo Alto, Newman has deep expertise in building and scaling innovative security and fraud prevention technologies. Prior to joining BOXX, Newman held leadership roles in public and private companies including PayPal, Simility, RiskIQ, Pindrop, RSA Security and Silvertail Systems.

As Chief Technology Officer, Penney will lead BOXX’s technology and data strategy, championing BOXX’s product-driven growth and market expansion.

“The challenge of growing BOXX’s technology organization from the ground up, standing at the intersection of insurance, technology and data, delivering breakthrough innovation is a tremendous opportunity that is rarely seen” , Penney said.

Penney joins BOXX from Deloitte, where he led digital technology initiatives, commerce and transformation initiatives for many leading organizations. Previously, Penney led the digital transformation team at TELUS Communications, where he was responsible for the delivery, management and governance of TELUS consumer digital app products and platforms.

“I am delighted to further strengthen our management team,” said Vishal Kundi, co-founder and CEO of BOXX. “As we prepare for the next phase of growth, I am pleased to welcome Eric and Steve. They bring deep expertise and experience and their appointments underscore our ability to attract talented people to our team. »

About BOXX Insurance

BOXX Insurance Inc. helps businesses, individuals and families insure and defend against cyber threats. BOXX Insurance Inc. is a private company headquartered in Torontoto Canada. BOXX’s vision is to help businesses, individuals and families stay ahead of, respond to and recover from cyber threats, by putting their digital security first. For more information, please visit

Media contact: [email protected]

Steve Penney, Chief Technology Officer at BOXX Insurance

Steve Penney, Chief Technology Officer at BOXX Insurance

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