Alliance Risk vs Founder Shield: How Do They Compare for Crime Insurance?

Both are brokers. Founder Shield places crime only with carriers rated A- or higher and stresses healthcare, financial services, nonprofit and manufacturing or retail companies; Alliance Risk lists its exclusions and names cash-handling businesses as common buyers.

Founder Shield says it selects crime insurers rated A- or better for the client’s industry; Alliance Risk lists crime scenarios, including burglary and client-property theft by endorsement. ^1,^2,^4,^5,³

What Are the Key Differences Between Alliance Risk and Founder Shield Crime Insurance?

Check Employee and Client-Property Terms

Founder Shield’s description ties employee dishonesty to an identified employee; Alliance Risk lists employee theft, burglary and robbery and offers client-property theft by endorsement. Choose Founder Shield if you need the policy to specify an identified employee’s dishonest act; choose Alliance Risk if client-property theft or burglary is the exposure you need a broker to address. ³ ¹

Compare How Each Broker Selects the Insurer

Founder Shield says it chooses crime carriers rated A- or better by AM Best for the client’s industry. Alliance Risk describes crime placements but does not name its proposed carrier or state a comparable rating screen. The insurer and form determine the actual terms, so get the carrier name on both quotes. ⁵ ¹

What Should You Confirm in Alliance Risk and Founder Shield Crime Insurance Quotes?

Ask Founder Shield which A- or better carrier is on the proposal and how it fits your industry. ⁵
Get Alliance Risk’s proposed insurer; its reviewed page does not name one. ¹
Confirm whether burglary, robbery and client-property theft by endorsement appear on the issued forms. ¹ ³
Ask whether employee dishonesty requires an identified employee under Founder Shield’s proposed policy. ³

Alliance Risk vs Founder Shield Crime Insurance Compared

Alliance Risk vs Founder Shield: Crime Insurance: documented features by provider

Criteria	Alliance Risk Crime Insurance	Founder Shield Crime Insurance
Who It’s For	Alliance Risk lists businesses that handle cash, payments or sensitive data, companies with accounting, billing or procurement teams, nonprofits with volunteer financial oversight, and organizations in finance, retail, healthcare or logistics as common crime insurance buyers. ¹Company-reported. Crime product page, Who Needs Crime Insurance? section.	Founder Shield calls this coverage a priority for healthcare, financial services, non-profit and manufacturing/retail companies because of their exposure to internal or external theft. ³Company-reported. Crime Insurance product page.
Coverage Features	Alliance Risk's crime insurance page covers employee theft and embezzlement, forgery or alteration of checks or documents, fraudulent electronic funds transfer, social engineering fraud and impersonation, and burglary, robbery and safe burglary, with theft of client property available by endorsement. ¹Company-reported. Crime product page, What Does Crime Insurance Cover? section; actual policy structure depends on the carrier and the policy as issued. Alliance Risk says its crime coverage excludes business income loss from crime unless endorsed, cyber breach or hacking (which it says falls under a cyber policy instead), losses not discovered during the policy period, and dishonest acts by company owners or partners. ¹Company-reported. Crime product page, What Doesn't Crime Insurance Cover? section.	Founder Shield lists employee dishonesty (theft or embezzlement by an identified employee), forgery or alteration of financial instruments, computer fraud, and funds-transfer fraud from social engineering as the branches of crime coverage it places. ³Company-reported. Product page; the issued policy and declarations control actual coverage.
Role in This Line	Alliance Risk arranges crime insurance placements as a brokerage; the crime page describes the coverage it places rather than an Alliance-issued policy. ^1,²Company-reported. Crime product page and the general brokerage disclosure on the coverage catalogue page.	Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Crime Insurance with third-party carriers rather than underwriting the policy itself. ⁴Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.

Criteria

Alliance Risk Crime Insurance

Founder Shield Crime Insurance

Who It’s For

Alliance Risk lists businesses that handle cash, payments or sensitive data, companies with accounting, billing or procurement teams, nonprofits with volunteer financial oversight, and organizations in finance, retail, healthcare or logistics as common crime insurance buyers. ¹Company-reported. Crime product page, Who Needs Crime Insurance? section.

Founder Shield calls this coverage a priority for healthcare, financial services, non-profit and manufacturing/retail companies because of their exposure to internal or external theft. ³Company-reported. Crime Insurance product page.

Coverage Features

Alliance Risk's crime insurance page covers employee theft and embezzlement, forgery or alteration of checks or documents, fraudulent electronic funds transfer, social engineering fraud and impersonation, and burglary, robbery and safe burglary, with theft of client property available by endorsement. ¹Company-reported. Crime product page, What Does Crime Insurance Cover? section; actual policy structure depends on the carrier and the policy as issued.

Alliance Risk says its crime coverage excludes business income loss from crime unless endorsed, cyber breach or hacking (which it says falls under a cyber policy instead), losses not discovered during the policy period, and dishonest acts by company owners or partners. ¹Company-reported. Crime product page, What Doesn't Crime Insurance Cover? section.

Founder Shield lists employee dishonesty (theft or embezzlement by an identified employee), forgery or alteration of financial instruments, computer fraud, and funds-transfer fraud from social engineering as the branches of crime coverage it places. ³Company-reported. Product page; the issued policy and declarations control actual coverage.

Role in This Line

Alliance Risk arranges crime insurance placements as a brokerage; the crime page describes the coverage it places rather than an Alliance-issued policy. ^1,²Company-reported. Crime product page and the general brokerage disclosure on the coverage catalogue page.

Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Crime Insurance with third-party carriers rather than underwriting the policy itself. ⁴Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.