Country for PR: United States
Contributor: PR Newswire New York
Monday, July 25 2022 - 15:00
Cyber insurtech BOXX Insurance supercharges leadership team with appointments from Paypal and Deloitte
TORONTO, July 25, 2022 /PRNewswire-AsiaNet/ --

Toronto-based global cyber insurance specialist BOXX Insurance today announced 
the appointment of Eric Newman as its Chief Operating Officer, and Steve Penney 
as Chief Technology Officer.

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

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

"I am delighted to be joining the team at BOXX and am thrilled about the growth 
agenda ahead of us," said Newman. "This is an incredibly exciting time for 

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

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

"The challenge to develop BOXX's technology organization from the ground up, 
sitting at the junction between insurance, technology and data, delivering 
ground-breaking innovation is a fabulous opportunity one rarely gets," said 

Penney joins BOXX from Deloitte, where he led digital technology, commerce and 
transformation initiatives for many leading organizations. Prior to this, 
Penney led the Digital Transformation team at TELUS Communications, where he 
was responsible for the delivery, management and governance of TELUS' digital 
consumer applications products and platforms.

"I am delighted to further strengthen our leadership team," BOXX's Co-founder 
and CEO, Vishal Kundi said. "As we gear up for the next phase of growth, I am 
excited to welcome Eric and Steve. They bring deep expertise and experience and 
their appointments underline our ability to attract talented individuals to our 

About BOXX Insurance

BOXX Insurance Inc. helps businesses, individuals and families insure and 
defend against cyber threats. BOXX Insurance Inc. is privately-held with 
headquarters in Toronto, Canada. BOXX's vision is to help businesses, 
individuals and families stay ahead of, respond to and recover from cyber 
threats, putting their digital safety first. For further information, please 

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SOURCE: BOXX Insurance