Insurtech Foxquilt partners with Markel for enhanced coverage capabilities.

January 18, 2024
1 min read

TLDR: Digital managing general agent Foxquilt has formed a strategic capacity partnership with global specialty insurance provider Markel to offer embedded small business insurance technology. Foxquilt uses a data analytics-driven full-stack underwriting platform to provide tailored coverage and pricing for small business and micro-enterprise owners. Foxquilt will use its proprietary commercial insurance products to distribute to businesses at all points of sale or trading experience. The deal also helps validate Foxquilt’s vision of the future of insurance as technology-focused.

Insurtech company Foxquilt has formed a strategic and long-term capacity partnership with Markel, the global specialty insurance provider. The platform has established a proprietary insurance product with analytics-powered full stack underwriting to offer tailored coverage for small and micro-enterprises. The collaboration will allow the coverage to be offered to merchants and businesses at any point of sale they require it, thus establishing decisive improvement to insurance access for business owners.

Latest from Blog

Your Daily InsurTech Briefing – 2024-02-21

Let’s see what’s in the news today. Sure launches innovative offering to liberate insurance industry from legacy vendors Sure, a leading insurance technology provider, has unveiled its latest innovation that liberates carriers,

Tech insurance careers: where AI meets opportunity.

TLDR: Sedgwick Insurance claims administration is offering early career professionals stability, innovation, and impact. Role-based automation leveraging AI tools is transforming the insurance industry. Sedgwick Insurance claims administration has become a desirable

Your Daily InsurTech Briefing – 2024-02-20

Let’s see what’s in the news today. Pekin Insurance implements Guidewire Cloud to power core business Pekin Insurance, an Illinois-based multi-state property and casualty (P&C) insurer, has announced that it has implemented

Customer experience is crucial for InsurTech success.

TLDR: InsurTechs need to focus on customer experience to attract and retain clients. Technology, automation, simplicity, and personalization are key elements in enhancing customer experience. In today’s business landscape, customer experience (CX)