The collaboration aims to improve London Underwriters’ offerings by utilizing Foxquilt’s cutting-edge platform to deliver efficient and customised insurance solutions for small businesses.
Foxquilt is led by Founder and CEO Mark Morissette, while Daniel Feigenbaum heads up London Underwriters.
Agents will gain access to Foxquilt’s platform, Foxden, via London Underwriter’s single sign-on portal, LU One, which simplifies the management of client portfolios. This partnership reflects the shifting landscape of the insurance industry, as traditional companies like London Underwriters recognise the importance of digital innovation to better serve clients’ evolving needs.
The partnership between Foxquilt and London Underwriters aim to provide enhanced services and solutions to their customers. Earlier this year, Foxquilt announced a strategic, long-term capacity relationship with global insurance provider Markel. This collaboration aimed to drive embedded insurance innovation for small business owners, agents and brokers, and enterprise partners across North America.
The partnership with Markel helped Foxquilt expand its presence in the United States, supporting the growth of embedded partnerships and providing small business owners with access to insurance precisely when and where they needed it.
By combining Markel’s small business insurance expertise with Foxquilt’s embedded insurance technology, the companies aimed to better support business owners and the agents, brokers, and enterprises they work with.
