Business insurance · Canada · Head-to-head
Foxquilt vs Intact Insurance
Two Canada business insurance options, compared side by side for Canada trades.
Which should you choose?
Foxquilt and Intact Insurance are both Tier A, which every business insurance entry without a reputation warning receives, so the tier does not separate them. Weigh the pros, cons, pricing and Canada-specific notes below against your trade and region.
Foxquilt
Tier A · ListedToronto-founded insurtech that develops, underwrites and sells commercial insurance for small businesses in Canada and the US
Foxquilt is an insurance technology company founded in Toronto in 2016 that, in its own words, develops, underwrites and distributes commercial insurance products for small businesses in the United States and Canada through its Foxden platform. BetaKit reported in 2023 that its lines included general liability, professional liability, workers' compensation, cyber and commercial auto. In September 2026 it launched errors and omissions cover in 10 US states with Markel as capacity partner.
Pros
- + Founded in Toronto in 2016 and still selling in Canada and the US as of September 2026
- + Develops and underwrites its own commercial insurance products
- + Automated underwriting and digital distribution through its Foxden platform
Cons
- − Premiums, eligible trades and provinces not confirmed: Foxquilt's website blocked our checks
- − Its newest product, errors and omissions cover launched in September 2026, is US-only
- − Coverage lines may differ between Canada and the US, so confirm what is sold in your province
Canada note
Foxquilt was founded in Toronto, and its September 2026 company description says it sells commercial insurance to small businesses in both Canada and the United States. Which trades, provinces and coverage lines it offers in Canada could not be checked because its website blocked our checks.
Intact Insurance
Tier A · ListedIntact Financial's Canadian P&C insurer: commercial and contractor coverage sold through brokers
Intact Insurance is the Canadian insurance brand of Intact Financial Corporation (TSX: IFC), which describes itself as the largest provider of property and casualty insurance in Canada and reports $25 billion in total annual operating direct premiums written. For trades, Intact offers commercial coverage for contractors and construction businesses, including commercial general liability and surety bonds. Intact says it works with more than 6,000 independent broker offices across Canada.
Pros
- + Large Canadian P&C carrier (Intact Financial, TSX-listed)
- + Contractor and construction coverage, including liability and surety bonds
- + Nationwide broker network (more than 6,000 broker offices, per Intact)
Cons
- − No direct online quotes for business insurance: a broker is required
- − No public prices; premiums depend on trade, coverage and broker
- − Terms and service vary by broker
Canada note
Business policies are arranged through independent insurance brokers rather than bought online from Intact directly; the broker handles quotes, renewals, changes and claim support. Intact's construction coverage is split into Contractor and Project Construction packages.
More Canada options
See all Canada business insurance vendors and the rest of the Canada directory.