The new professional liability coverage targets consultants, technology firms, and health and beauty professionals. By integrating this product into Foxden, the company's proprietary underwriting platform, Foxquilt aims to provide agents and brokers with instant quoting and binding capabilities. This expansion is designed to facilitate embedded insurance partnerships, allowing the company to integrate coverage directly into existing marketplaces and professional networks.
In section Releases
Foxquilt Pivots to Multi-Line Platform With E&O Insurance Launch
Charlotte-based insurtech Foxquilt is moving beyond its single-product roots, launching an admitted Errors & Omissions insurance line across the United States. The rollout, which begins this September, marks a strategic shift toward becoming a comprehensive commercial insurance platform for small business owners and independent professionals.
CEO and co-founder Karim Jamal described the launch as a key evolution for the firm, positioning it to scale its commercial offerings. The company is leveraging its ongoing capacity relationship with Markel to support this growth. Initially available in 10 states—including Texas, Ohio, and New Jersey—the product is slated for a rapid nationwide rollout before the end of 2026. This move follows the company's established presence in commercial general liability, signaling a broader push to diversify its digital insurance suite.
Comments (0)
No comments yet. Be the first!