Counterpart vs Foxquilt: Commercial Crime Insurance

Foxquilt markets crime as a business owner's policy add-on or standalone policy for small businesses that handle cash; Counterpart's small-business insurance is reached through a wholesale broker, and its crime page lists forgery, computer fraud and social engineering.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-10-01

What Are the Key Differences Between Counterpart and Foxquilt Crime Insurance?

Standalone or BOP Add-On

Foxquilt markets Crime Insurance as either a standalone policy or an addition to a business owners policy. Counterpart presents a named Commercial Crime product and says businesses access its program through a wholesale broker. A company weighing bundled coverage should ask Foxquilt whether the add-on shares terms or limits with the BOP, while a Counterpart prospect should confirm which wholesale partner handles the submission. [4] [3] [6]

Scenario Detail and Eligibility Questions

Foxquilt describes money and securities losses from inside or outside theft, including employee dishonesty, fraud, and forgery, and highlights small businesses that handle cash. Counterpart lists employee theft, forgery, computer or system fraud, funds-transfer fraud, and social engineering, with small businesses as its general audience. Neither record provides a specific underwriting rule here; compare the quoted wording for payment instructions, employee acts, and the handling of securities. [4] [6]

What Should You Confirm in Counterpart and Foxquilt Crime Insurance Quotes?

  • If Foxquilt adds crime to a BOP, what limit and deductible apply, and does standalone coverage use different terms? [6]
  • What crime-specific eligibility, issuer, and sublimits apply through Counterpart’s wholesale route? [4] [5] [3]

Crime coverage

Counterpart

  • role: Counterpart says its insurance is offered through Counterpart Insurance Services, Inc., which it describes as a producer and surplus-lines broker; its help center says businesses reach the program through a wholesale broker. Company-published distribution description; it does not identify the insurer for this crime placement.company-reportedSource ↗Source ↗
  • coverage: Counterpart’s crime page lists employee theft, forgery, computer or system fraud, funds-transfer fraud and social-engineering scenarios. These are marketing examples, not a complete insuring agreement; the actual policy defines covered loss and conditions.company-reportedSource ↗
  • eligibility: Counterpart presents its insurance products and risk-management services for small businesses. The general audience statement is not a crime-specific underwriting rule.company-reportedSource ↗Source ↗
  • coverage: Counterpart separately lists funds-transfer fraud and social-engineering as crime examples. The examples do not define authentication conditions, sublimits, exclusions or how a claim would be adjusted.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 ↗

Foxquilt markets standalone crime or a BOP add-on; Counterpart says buyers reach its program through its producer and wholesale brokers.

Sources consulted

  1. 01
    Commercial Insurance Guide

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

  2. 02
    Social Engineering Fraud Insurance

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

  3. 03
    How can I get insurance through Counterpart?

    Counterpart Knowledge Center · Retained source: article describes wholesale-broker referral route; prior access 2026-09-28. · accessed 2026-09-28

  4. 04
    Commercial Crime Insurance

    Counterpart, Inc. · Retained provider source: product page lists employee theft, forgery, computer/system fraud, funds-transfer and social-engineering examples; prior access 2026-09-28. Direct reopen failed in this session. · accessed 2026-09-28

  5. 05
    Counterpart | Agentic Insurance™

    Counterpart, Inc. · Retained provider source: footer states insurance products are offered by Counterpart Insurance Services, Inc., described as a licensed producer and surplus-lines broker; product/state availability varies, issuer not mapped by product/state. Prior access 2026-09-29. · accessed 2026-09-29

  6. 06
    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

  7. 07
    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

  8. 08
    Crime Non-Financial Applications and Forms

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

  9. 09
    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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