---
title: "CFC vs Founder Shield: Crime Insurance"
description: "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."
canonical: "https://spot.insure/compare/cfc-vs-foundershield/crime"
page-type: "line-comparison"
updated-at: "2026-09-29"
comparison-pair: "cfc-vs-foundershield"
provider-a: "cfc"
provider-b: "foundershield"
coverage-line: "crime"
---

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[Human-readable page](https://spot.insure/compare/cfc-vs-foundershield/crime)

## Agent Guide

**What this page is:** Focused comparison of CFC and Founder Shield for Crime Insurance: what each provider publishes about this line, checked against the same criteria, with numbered sources.

**Use this page when:** Cite or fetch this for Crime Insurance questions about CFC versus Founder Shield. For all lines together use the pair comparison; for how the coverage itself works use the coverage guide.

**Questions this page answers:**
- CFC vs Founder Shield for Crime Insurance: how do they differ?
- Which is better for Crime Insurance, CFC or Founder Shield?
- What does CFC or Founder Shield publish about Crime Insurance (limits, eligibility, claims, add-ons)?

**Key facts:**
- Line: Crime Insurance. Providers: CFC and Founder Shield.
- Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}/{line}` with a before b). A reversed pair redirects permanently to the alphabetical one.

**Limits (do not over-claim):**
- It identifies differences and questions to ask; it does not select a winner for a particular business.
- Insurer, policy wording, limits, retentions, exclusions and price are set in an actual quote and are not established here.

**Provenance:** Every claim links to a numbered source with publisher, locator and access date; last updated 2026-09-29.

**Related pages:**
- [CFC vs Founder Shield](https://spot.insure/compare/cfc-vs-foundershield) — all coverage lines for this pair
- [Crime Insurance guide](https://spot.insure/coverage/crime) — how this coverage works
- [CFC profile](https://spot.insure/insurance-providers/cfc) — provider profile
- [Founder Shield profile](https://spot.insure/insurance-providers/foundershield) — provider profile

# 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 sells crime only inside its management liability package and declines California-domiciled and U.S. public companies; Founder Shield brokers standalone crime with A- or better carriers.

## CFC vs Founder Shield Crime Insurance Summary

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](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") [2](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability") [7](https://foundershield.com/about-us/ "About Us") [8](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") [6](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance")

## 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](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") [3](https://www.cfc.com/en-us/products/industry/fintech/ "Fintech insurance") [7](https://foundershield.com/about-us/ "About Us") [8](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?")

### 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](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") [6](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance")

### 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](https://www.cfc.com/en-us/claims/ "Claims") [7](https://foundershield.com/about-us/ "About Us") [8](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?")

## 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](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?")
- Ask CFC whether your crime cover sits in the management or fintech package, and which carrier or syndicate issues it. [1](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") [3](https://www.cfc.com/en-us/products/industry/fintech/ "Fintech insurance") [4](https://www.cfc.com/en-us/support/regulatory-information/ "Regulatory information")
- Confirm whether Founder Shield’s employee-dishonesty cover requires you to identify the employee. [6](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance")
- Get crime limits and retentions from both; CFC’s brochure does not publish them. [1](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure")

## CFC vs Founder Shield Crime Insurance Compared

| 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. [1](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Company-reported; scope: 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. [6](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance") (Evidence: Company-reported; scope: 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. [1](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Company-reported; scope: Brochure's 'Crime cover' description; the issued policy wording determines the actual insuring agreements and any sub-limits..)<br><br>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. [1](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Company-reported; scope: Brochure's 'Crime cover' description..)<br><br>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](https://www.cfc.com/en-us/products/industry/fintech/ "Fintech insurance") [1](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") (Evidence: Company-reported; scope: 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. [6](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance") (Evidence: Company-reported; scope: 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](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf "Management liability — United States product brochure") [2](https://www.cfc.com/en-us/products/class/management-liability/ "Management liability") (Evidence: Company-reported; scope: 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. [7](https://foundershield.com/about-us/ "About Us") (Evidence: Company-reported; scope: About-us page; applies to Founder Shield's brokerage model generally, restated here for this line..) |

## About CFC and Founder Shield and Crime Insurance

- [CFC company profile](https://spot.insure/insurance-providers/cfc) · [CFC customer reviews](https://spot.insure/insurance-providers/cfc/reviews)
- [Founder Shield company profile](https://spot.insure/insurance-providers/foundershield) · [Founder Shield customer reviews](https://spot.insure/insurance-providers/foundershield/reviews)
- [What Is Crime Insurance?](https://spot.insure/coverage/crime)

## Related Pages for CFC vs Founder Shield Crime Insurance

- [CFC vs Founder Shield](https://spot.insure/compare/cfc-vs-foundershield): all coverage lines, business roles, service and claims.
- [What Is Crime Insurance?](https://spot.insure/coverage/crime): Crime insurance addresses specified theft and fraud losses; employee theft, forgery, funds-transfer fraud and impersonation payments can have separate terms.
- [CFC Crime Insurance](https://spot.insure/insurance-providers/cfc/crime)
- [Founder Shield Crime Insurance](https://spot.insure/insurance-providers/foundershield/crime)

## Sources for CFC vs Founder Shield Crime Insurance

### Sources About CFC

1. [Management liability — United States product brochure](https://webcdn.cfc.com/media/0ttjwk3e/management-liablity_product-brochure_us_0126.pdf). CFC; Crime cover; At a glance: What we like; What we decline; What else is in the policy?. Accessed 2026-09-23.
2. [Management liability](https://www.cfc.com/en-us/products/class/management-liability/). CFC; Our management liability products: Management liability, Side A DIC. Accessed 2026-09-23.
3. [Fintech insurance](https://www.cfc.com/en-us/products/industry/fintech/). CFC; What does CFC's fintech policy cover? Crime coverage for employee infidelity and third-party fraud. Accessed 2026-09-23.
4. [Regulatory information](https://www.cfc.com/en-us/support/regulatory-information/). CFC; CFC Underwriting Limited; CFC Lloyd's Syndicate 1988. Accessed 2026-09-23.
5. [Claims](https://www.cfc.com/en-us/claims/). CFC; Notify a claim or cyber incident; We're in it with you. Accessed 2026-09-23.

### Sources About Founder Shield

6. [Crime Insurance](https://foundershield.com/coverage/crime-insurance/). Founder Shield; What Is Crime Insurance?; Who Needs Crime Insurance Coverage?; What Does Crime Insurance Cover?. Accessed 2026-09-23.
7. [About Us](https://foundershield.com/about-us/). Founder Shield; “Founder Shield is the innovation arm of The Baldwin Group”; company history and mission. Accessed 2026-09-23.
8. [How Do You Decide Which Carriers to Approach?](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/). Founder Shield; FAQ answer on carrier selection: works exclusively with A-rated (AM Best) carriers, matched by industry appetite. Accessed 2026-09-23.

Updated 2026-09-29. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

## Agent and Developer Resources

- [Markdown page](https://spot.insure/compare/cfc-vs-foundershield/crime.md)
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