Leading the Charge in Insurtech: Strategies from Mark Morissette

In this compelling episode of the CanadianSME Small Business Podcast, we delve into the world of insurance technology with Mark Morissette, Co-Founder & CEO of Foxquilt. Mark shares his entrepreneurial journey, from the inspiration behind founding Foxquilt to addressing the unique insurance needs of small businesses through data analytics, AI, and community-based approaches. We explore the significant partnership between Foxquilt and Markel, the impact of this collaboration on product offerings and market reach, and how Foxquilt is reshaping insurance solutions to support the modern entrepreneur. Join us as Mark provides a roadmap for small business owners seeking innovative and responsive insurance strategies in today’s digital age.

Key Highlight Points:

Mark discusses the challenges Foxquilt aims to solve for small business owners and reflects on the rewarding aspects of building the company.Details on how the collaboration with Markel enhances Foxquilt's mission and offerings.Examination of the insurance requirements of today’s entrepreneurs and the limitations of traditional models.The unique advantages of Insurtech, including Foxquilt, over legacy insurance companies.Insight into Foxquilt's recent achievements, including the partnership with Markel and plans for US expansion.

A heartfelt thank you to Mark Morissette for his invaluable insights into the evolving world of small business insurance. This conversation has illuminated the critical role that innovative, customer-centric insurance solutions play in supporting and protecting small businesses. As we close this episode, we’re reminded of the power of innovation to address the specific and complex needs of entrepreneurs across industries. We extend our heartfelt gratitude to Mark for sharing his journey and wisdom with us, and to our partners – RBC, UPS, Xero and  Constant Contact – for their support.

For those eager to dive deeper into the world of small business innovation, remember to subscribe to CanadianSME Small Business Magazine at www.canadiansme.ca.