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

Founder Shield is a retail brokerage that places crime only with carriers rated A- or higher, and it flags healthcare, financial services, non-profit and manufacturing/retail firms; CFC includes crime in its US management liability package.

CFC writes crime only as part of its US Management Liability package and declines California-domiciled and U.S. public companies; Founder Shield brokers crime with carriers rated A- or better, prioritizing healthcare, financial services, nonprofits, manufacturing and retail. ^1,^2,^7,^8,⁶

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

Package Cover Versus a Brokered Policy

With CFC, crime comes bundled with your management liability cover rather than as a standalone policy; CFC also sells a separate crime section inside its fintech package. Founder Shield, a brokerage within The Baldwin Group, takes your request and shops crime to outside carriers chosen for your industry. Choose CFC if you're buying management liability anyway and aren't California-domiciled or publicly traded in the U.S.; choose Founder Shield if CFC declines you or you want crime placed on its own. ¹ ³ ⁷ ⁸

What Each Lists as Covered

CFC’s crime section covers employee theft, funds-transfer fraud, credit-card and currency fraud, client crime (fraud by your clients or their staff) and on- or off-premises theft. Founder Shield lists employee dishonesty by an identified employee, forgery or alteration, computer fraud, and funds-transfer fraud from social engineering. If a client’s staff could steal from you, CFC is the only one of the two that names that cover. ¹ ⁶

Claims Handling and Buying Path

CFC takes US claim notices by phone, email or online form and assigns a dedicated adjuster from notification through resolution. Founder Shield doesn’t let you bind directly: you request coverage through its site or an advisor, and its placement team approaches carriers, so the claims process depends on the carrier it selects. ⁵ ⁷ ⁸

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

Ask Founder Shield which AM Best A- or better carrier is quoting and why it fits your industry. ⁸
Ask CFC whether your crime cover sits in the management or fintech package, and which carrier or syndicate issues it. ¹ ³ ⁴
Confirm whether Founder Shield’s employee-dishonesty cover requires you to identify the employee. ⁶
Get crime limits and retentions from both; CFC’s brochure does not publish them. ¹

CFC vs Founder Shield Crime Insurance Compared

CFC vs Founder Shield: Crime Insurance: documented features by provider

Criteria	CFC Crime	Founder Shield Crime Insurance
Who It’s For	CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this crime coverage. ¹Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business.	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. ⁶Company-reported. Crime Insurance product page.
Coverage Features	CFC's brochure describes company crime cover including employee theft, funds transfer fraud, and credit card and currency fraud. ¹Company-reported. Brochure's 'Crime cover' description; the issued policy wording determines the actual insuring agreements and any sub-limits. The brochure also lists client crime, meaning fraud by clients or their staff, and on-premises and off-premises theft, as part of the crime section. ¹Company-reported. Brochure's 'Crime cover' description. CFC separately sells crime coverage for employee infidelity and third-party fraud within its fintech package. The reviewed pages do not state whether that fintech crime coverage is the same crime coverage sold inside the management-liability package. ^3,¹Company-reported. Fintech product page compared against the management-liability brochure; both accessed 2026-09-23. This does not establish overlap or difference in wording between the two products.	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. ⁶Company-reported. Product page; the issued policy and declarations control actual coverage.
Role in This Line	CFC includes crime coverage inside its US Management Liability package. The reviewed management-liability materials do not offer it as a standalone product within that package. ^1,²Company-reported. Management-liability product page and brochure; package composition as CFC describes it.	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. ⁷Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.

Criteria

CFC Crime

Founder Shield Crime Insurance

Who It’s For

CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this crime coverage. ¹Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business.

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. ⁶Company-reported. Crime Insurance product page.

Coverage Features

CFC's brochure describes company crime cover including employee theft, funds transfer fraud, and credit card and currency fraud. ¹Company-reported. Brochure's 'Crime cover' description; the issued policy wording determines the actual insuring agreements and any sub-limits.

The brochure also lists client crime, meaning fraud by clients or their staff, and on-premises and off-premises theft, as part of the crime section. ¹Company-reported. Brochure's 'Crime cover' description.

CFC separately sells crime coverage for employee infidelity and third-party fraud within its fintech package. The reviewed pages do not state whether that fintech crime coverage is the same crime coverage sold inside the management-liability package. ^3,¹Company-reported. Fintech product page compared against the management-liability brochure; both accessed 2026-09-23. This does not establish overlap or difference in wording between the two products.

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. ⁶Company-reported. Product page; the issued policy and declarations control actual coverage.

Role in This Line

CFC includes crime coverage inside its US Management Liability package. The reviewed management-liability materials do not offer it as a standalone product within that package. ^1,²Company-reported. Management-liability product page and brochure; package composition as CFC describes it.

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. ⁷Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.