Foxquilt Launches eCommerce Insurance Product

Foxquilt, an insurance technology company with a focus on small business, has launched an eCommerce insurance product. The product is designed to help new and existing eCommerce business owners quickly access insurance and fulfill compliance needs. The pandemic vastly accelerated the rise of eCommerce and more small businesses and entrepreneurs are turning to this digital channel to meet customers where they are, changing the landscape in direct-to-consumer buying behaviours. With this shift, large eCommerce marketplaces, such as Etsy, Shopify, and Amazon, now require sellers to purchase their own insurance policies. Foxquilt enables small business owners to quote, buy, and instantly receive their business insurance online. The company’s business insurance products are specifically built to support business owners' entire insurance journey online, while providing a tailored product.