Berkshire Hathaway Specialty Insurance vs Foxquilt: Commercial Crime Insurance

Foxquilt markets crime insurance as an add-on to a business owner's policy or as a standalone policy, highlighting small businesses that handle cash; Berkshire Hathaway Specialty Insurance's combined form names private companies with $10 million or more in revenue as targets.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-09-30

What Are the Key Differences Between Berkshire Hathaway Specialty Insurance and Foxquilt Crime Insurance?

Coverage Structure and Crime Scope

Berkshire Hathaway Specialty Insurance combines Commercial Crime with D&O, EPL, fiduciary, and employed-lawyer protections in Executive First. Foxquilt describes employee dishonesty, fraud, forgery, and money or securities losses, and says the line may be added to a BOP or bought standalone. Buyers should confirm whether Foxquilt’s proposed route is separate or packaged before comparing it with BHSI’s combined form. [1] [4]

Limits, Eligibility, and Placement

Foxquilt highlights small businesses handling cash but does not publish complete underwriting eligibility. Berkshire Hathaway Specialty Insurance identifies private firms with at least $10 million revenue and portfolio limits up to $50 million. Both descriptions leave quote-level terms open: establish the issuer, covered employee and third-party scenarios, and crime sublimits for the particular operation. [1] [4]

What Should You Confirm in Berkshire Hathaway Specialty Insurance and Foxquilt Crime Insurance Quotes?

  • Ask Foxquilt which crime form is offered, who underwrites it, and what eligibility rules and sublimits apply to your business.
  • Ask Berkshire Hathaway Specialty Insurance whether the crime coverage is a separate limit and what portfolio eligibility criteria apply.

Crime coverage

Berkshire Hathaway Specialty Insurance

  • role: BHSI describes Executive First Private Company Portfolio as one comprehensive form combining D&O, EPL, fiduciary, Commercial Crime and employed-lawyer insurance. Portfolio marketing establishes a listed product structure, not a buyer’s entitlement or standalone availability.company-reportedSource ↗
  • eligibility: BHSI identifies private companies with at least $10 million in revenue among the portfolio’s target accounts. Portfolio-level target, not a guarantee that a particular applicant qualifies for the crime component.company-reportedSource ↗
  • limits: The portfolio page advertises shared or separate limits up to $50 million. This is a portfolio-wide figure, not a crime-specific limit; the page does not say how limits would be allocated on a specific policy.company-reportedSource ↗
  • coverage: The portfolio page specifically names Commercial Crime as one component of the comprehensive form. The page names the line but does not state its insuring agreements, coverage triggers or relationship to fidelity bonds.company-reportedSource ↗

Foxquilt

  • role: Foxquilt markets Crime Insurance, either as a BOP add-on or as a standalone policy according to its product page. Foxquilt’s cited product or program page documents this description. It does not establish the issuing insurer for an individual quote, exact state or provincial availability, the policy form, complete exclusions, or terms offered to a particular buyer; confirm those in the quote and policy documents.company-reportedSource ↗
  • coverage: The page describes money and securities losses from inside or outside theft, including employee dishonesty, fraud and forgery. Foxquilt’s cited product or program page documents this description. It does not establish the issuing insurer for an individual quote, exact state or provincial availability, the policy form, complete exclusions, or terms offered to a particular buyer; confirm those in the quote and policy documents.company-reportedSource ↗
  • eligibility: The page highlights small businesses that handle cash or have employees handling business funds; it does not specify underwriting eligibility. Foxquilt’s cited product or program page documents this description. It does not establish the issuing insurer for an individual quote, exact state or provincial availability, the policy form, complete exclusions, or terms offered to a particular buyer; confirm those in the quote and policy documents.company-reportedSource ↗
  • application: The cited Foxquilt product or program page provides a quote path for the described product or program; that route does not establish that a quote will be offered or bound. Foxquilt’s cited product or program page documents this description. It does not establish the issuing insurer for an individual quote, exact state or provincial availability, the policy form, complete exclusions, or terms offered to a particular buyer; confirm those in the quote and policy documents.company-reportedSource ↗
  • limits: The cited public overview does not establish the limits, deductibles, exclusions or form terms that would apply to a specific buyer. Ask for the quote and specimen or issued policy forms before treating a listed feature as covered.not-disclosedSource ↗

Berkshire Hathaway Specialty Insurance embeds crime in a broader portfolio; Foxquilt markets crime as either a BOP add-on or standalone policy.

Sources consulted

  1. 01
    Executive First Private Company Portfolio

    Berkshire Hathaway Specialty Insurance · Product Highlights, lines 11–15: D&O, EPL, fiduciary, Commercial Crime and Employed Lawyers in one comprehensive form; shared or separate limits up to $50 million; EPL First HR resources and attorney helpline. Top Targets, lines 16–25: private companies with at least $10 million revenue and listed industries. Reopened 2026-09-30. · accessed 2026-09-30

  2. 02
    Commercial Insurance Guide

    California Department of Insurance · Crime · accessed 2026-09-16

  3. 03
    Social Engineering Fraud Insurance

    Chubb · Opening; coverage highlights · accessed 2026-09-16

  4. 04
    Smarter Crime Insurance

    Foxquilt · Current product page calls the product Crime Insurance; lines 90–104 describe money/securities, inside/outside theft and examples; lines 113–121 say crime may be included as a BOP add-on or bought as an isolated policy. Directly inspected 2026-09-29. Marketing does not establish form/limits or fidelity/surety bond coverage. · accessed 2026-09-29

  5. 05
    Crime Terms and Conditions

    The Travelers Companies, Inc. · I.A–G, printed/PDF pages 1–4; III.RR, printed/PDF p.13; V.B.1–2, printed/PDF pp.18–20; Consideration, printed/PDF p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; I.A.3 p.1; III.C p.7; III.S pp.8–9; III.II and III.KK p.12; III.QQ p.13; V.A.5 pp.17–18 (printed/PDF pages); IV.J–O, printed/PDF pages 14–15 · accessed 2026-09-16

  6. 06
    Crime Non-Financial Applications and Forms

    Travelers · Opening paragraph; Sample Policy Forms · accessed 2026-09-16

  7. 07
    Commercial Crime Coverage Application

    Travelers Casualty and Surety Company of America · I–III pages 1–2; IX–XI pages 3–4; V–VII, printed/PDF pages 2–3 · accessed 2026-09-16

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