What Are the Key Differences Between Foxquilt and Gallagher Crime Insurance?
Gallagher arranges Fidelity and Crime through outside carriers and routes small-business inquiries to an advisor; Foxquilt markets crime standalone or as a BOP add-on and provides a quote path. Both descriptions identify a way to begin placement, while the buyer’s quote must identify the insurer and terms. [3] [5]
Advisor placement and product route
Gallagher describes an advisor intake for small-business crime that collects company details, employee count and revenue, while its group practice places coverage for larger accounts. Foxquilt provides a crime quote path and describes standalone or BOP-add-on placement. A buyer can ask which route fits its account before sharing submission materials. [5] [4] [3]
Claims and exposure examples
Gallagher names employee fraud, funds-transfer fraud, computer fraud, theft and property destruction; Foxquilt describes money-and-securities losses involving theft, employee dishonesty, fraud and forgery. A company most concerned with electronic payments should ask Gallagher for the transfer-fraud agreement and both providers for the applicable conditions. [5] [3]