On November 8, 2022, BOXX Insurance, a Toronto-based global cyber insurtech, announced it had acquired Templarbit, a cyber threat intelligence platform that makes it simpler for businesses to stay ahead of digital threats.
Templarbit builds state of the art technology that alerts companies when their platform identifies vulnerabilities in their network that hackers can exploit. The platform autonomously discovers, classifies and analyzes an organization's entire landscape of digital assets, the unique risk profile for each digital asset and the real business costs that would be incurred if a digital asset was compromised.
The closure of this deal gives fast-growing BOXX Insurance additional momentum to pursue its vision of making the world a digitally safer place.
Osler, Hoskin & Harcourt LLP advised BOXX Insurance with a team consisting of Justin Young, Gary Marshall (Emerging and High Growth Companies) and Ian Morrison (Corporate).