#USA #Miami #Cyber Insurance #BOXX Insurance #mShift

BOXX Insurance and Millennial Shift Technologies Join Forces

In a significant development for the insurance industry, BOXX Insurance, a global leader in insurtech, has formed a strategic partnership with Millennial Shift Technologies (mShift). This collaboration aims to improve access to cyber and professional liability insurance, particularly for small to medium-sized businesses (SMEs). This partnership represents a key step toward enhancing broker capabilities in a rapidly evolving digital landscape.

The Need for Cyber Insurance

As cyber threats grow increasingly sophisticated, the demand for robust cyber insurance coverage has never been higher. SMEs, often lacking the resources of larger companies, are particularly vulnerable to cyber incidents. Recognizing this, BOXX Insurance has developed a comprehensive solution called Cyberboxx® Business, which combines both cyber insurance and cybersecurity services.

However, getting these essential protections into the hands of brokers and their clients remains a challenge. The newly announced alliance with mShift is designed to streamline this process, enabling brokers to access and manage BOXX's offerings more efficiently than ever before.

Seamless Integration and Enhanced Access

With this new partnership, brokers can enjoy streamlined access to BOXX's innovative insurance solutions directly within mShift's digital platform. This integration ensures that brokers can quickly quote, bind, and issue insurance policies with minimal friction.

Key Benefits of the Partnership:

1. Broader Access: Utilizing mShift's platform allows brokers to seamlessly access BOXX's all-in-one insurance solutions, simplifying the process for business owners seeking protection.
2. Efficiency and Speed: By streamlining quoting, binding, and policy management, this partnership significantly reduces the administrative burden on brokers, enabling them to focus more on client relationships rather than paperwork.
3. Enhanced Customer Experience: The data-driven nature of mShift's platform supports greater accuracy and responsiveness, ultimately improving service delivery for brokers and their clients.

Industry Impact and Leadership Statements

Christyn Yoast, President USA at BOXX Insurance, expressed enthusiasm about the partnership, stating, “Partnering with mShift is another step forward to make cyber and professional liability insurance more accessible, efficient, and impactful for our broker partners and their clients.” This collaboration leverages mShift's advanced distribution channels, providing BOXX with new growth avenues.

Mark Meury, the CEO of mShift, echoed similar sentiments, emphasizing that the partnership aligns perfectly with mShift's mission to enhance distribution capabilities. He stated, “By bringing BOXX's all-in-one cyber insurance and protection products onto the mShift Marketplace, our broker partners will access the speed, clarity, and confidence they need.” This partnership demonstrates a shared commitment to developing innovative solutions for the evolving insurance market.

About the Companies

BOXX Insurance is dedicated to protecting businesses from cyber threats through innovative insurance solutions. Headquartered in Toronto, Canada, BOXX aims to make the digital world safer and more manageable for clients and brokers alike. With a product suite emphasizing prevention, prediction, and risk management, they strive to stay ahead of the complexities of today's cyber risks.

Millennial Shift Technologies (mShift), based in Phoenix, Arizona, offers a digital platform for quoting and managing insurance across multiple carriers. By collaborating with rated insurance carriers, mShift enables brokers to respond quickly to client needs while also offering tools to enhance competitiveness in the marketplace.

Conclusion

This partnership between BOXX Insurance and Millennial Shift Technologies marks a pivotal moment in the insurance landscape. By enhancing accessibility to critical cyber and liability insurance, they are better positioned to meet the needs of today’s businesses and to respond to the growing risks they face in a technology-driven age.