What Are the Key Differences Between Foxquilt and Newfront Crime Insurance?
Newfront brokers crime through its Executive Risk practice, groups it with fidelity under one Key Coverages entry and describes its role as negotiating placement rather than underwriting. Foxquilt markets Crime Insurance as a standalone policy or a business owners policy (BOP) add-on. One begins with brokered Executive Risk placement; the other describes product structure on its crime page. [4] [3]
Placement roles
Newfront says it negotiates placement with insurers; the source groups crime and fidelity but does not describe them as separately specified products. Foxquilt names standalone and BOP-addon routes, without establishing the carrier for an individual quote. Buyers should identify the intermediary, risk-bearing insurer and exact crime form in either proposal. [4] [3]
Loss wording
Foxquilt’s product page describes money and securities losses involving inside or outside theft, employee dishonesty, fraud and forgery. Newfront’s cited overview identifies the crime-and-fidelity grouping but does not describe matching crime scenarios. Ask Newfront to map your exposure to proposed agreements and ask Foxquilt for its form definitions. [3] [4]
