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

Corgi sells standalone crime online with an illustrative $1,000,000 limit and quotes in under 10 minutes; Founder Shield is a retail brokerage placing crime with carriers rated A- or above, and calls it a priority for healthcare and financial services companies.

Corgi targets fintechs, payroll firms and marketplaces whose sponsor banks require crime coverage, with a $1 million illustration and $250,000 social-engineering sublimit; Founder Shield prioritizes healthcare, financial services, nonprofits and manufacturing or retail. ^1,^4,³

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

Corgi names sponsor-bank crime requirements for fintechs, payroll companies and marketplaces that move customer funds. Founder Shield prioritizes healthcare, financial services, nonprofits, manufacturing and retail, but publishes no crime limit or social-engineering sublimit. Choose Corgi if your sponsor bank requires crime before go-live; choose Founder Shield if your company is in one of its listed sectors and you want an industry-matched carrier. ¹ ³

Proposed Insurer to Confirm at Quote

Corgi sells Crime & Fidelity as its own startup policy and can name Corgi Insurance Company or Technology Risk Retention Group as possible underwriters. Founder Shield places Founder Shield Crime Insurance with third-party A-rated carriers and does not underwrite. ¹ ² ⁴ ⁵

Fintech Go-Live Versus Sector Priorities

Corgi positions the policy for fintechs, payroll companies and marketplaces that move customer funds, noting sponsor banks often require it before go-live. Founder Shield calls crime a priority for healthcare, financial services, non-profit and manufacturing or retail because of internal or external theft. ¹ ³

Sublimit Detail Versus Branch List Without Numbers

Corgi commonly sublimits social-engineering fraud to $250,000 against a $1 million aggregate when out-of-band vendor-wire controls are documented, and writes the policy on a discovery basis. Founder Shield lists employee dishonesty, forgery or alteration, computer fraud and funds-transfer fraud from social engineering, without publishing a sublimit or retention. ¹ ³

Same-Day Binder Versus Advisor Placement

Corgi says it can issue coverage and a binder the same day from an online application. You request Founder Shield Crime Insurance through its website or an advisor; the placement team then approaches carriers. ¹ ⁴ ⁵

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

Ask Founder Shield which A-rated carrier would issue crime and whether social engineering is sublimited. ⁵ ³
Confirm Corgi’s $250,000 social-engineering sublimit, discovery trigger and issuing entity. ¹ ²
If a sponsor bank requires a specific form, ask which of these two placements the bank will accept. ¹ ³
Compare Founder Shield’s bound limit with Corgi’s $1 million illustration. ³ ¹

Corgi vs Founder Shield Crime Insurance Compared

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

Criteria	Corgi Crime & Fidelity	Founder Shield Crime Insurance
Who It’s For	Corgi positions Crime & Fidelity primarily for fintechs, payroll companies and marketplaces that move customer funds, noting it is frequently required by sponsor banks and Banking-as-a-Service (BaaS) partners before a fintech can go live. ¹Company-reported. Industry-applicability section of the product page; other startups can also buy the policy, and eligibility for any given business depends on underwriting.	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.
How to Apply	Corgi says it can issue Crime & Fidelity coverage and a binder the same day, and offers instant quotes in under 10 minutes through its online application. ¹Company-reported. FAQ marketing claims on the product page; quote and bind speed are not independently verified.	You request Founder Shield Crime Insurance through Founder Shield's website or an insurance advisor rather than binding coverage directly; Founder Shield says its placement team then approaches carriers on the client's behalf. ^4,⁵Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form.
Coverage Features	The standard policy bundles four insuring agreements: employee dishonesty, social engineering fraud (business email compromise), computer fraud, and funds transfer fraud, plus forgery and alteration of checks or drafts. ¹Company-reported. Coverage summary for form CORG-CRM-0100; the illustrated scenarios are examples, not a guarantee of coverage for a specific claim, and the issued policy controls. Social engineering fraud (business email compromise) is commonly sublimited to $250,000 against the $1 million policy aggregate, and Corgi conditions the sublimit on out-of-band verification controls for changes to vendor wire instructions. ¹Company-reported. Product-page scenario notes and FAQ; the exact sublimit and required controls are underwriting-dependent and confirmed on the declarations page. Corgi's Crime & Fidelity policy is written on a discovery basis, meaning coverage attaches when a loss is discovered during the policy period regardless of when the underlying dishonest act occurred, and it offers an optional discovery period of up to one year after termination to report a loss. ¹Company-reported. Product-page glossary and FAQ description of form CORG-CRM-0100.	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	Corgi sells Crime & Fidelity as a standalone startup policy, describing it as first-party coverage that pays the company back when money (not data) is stolen through employee theft, social engineering, computer fraud, forgery or funds-transfer fraud. ¹Company-reported. Product page for form CORG-CRM-0100, last reviewed by Corgi on April 24, 2026 per the page itself.	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.
Issuing Insurer	Corgi's disclaimers say coverage may be underwritten through affiliated or partner carriers, including Corgi Insurance Company, Inc. (an admitted carrier) or Technology Risk Retention Group, Inc.; the crime product page itself does not name which entity underwrites a given Crime & Fidelity policy. ²Company-reported. General carrier-financial-strength disclosure that applies across Corgi's product lines, not a crime-specific underwriter statement; your policy names the actual insurer.	Founder Shield says it places policies, including Founder Shield Crime Insurance, only with carriers rated A- or better by AM Best, chosen for the client's industry. It does not name the issuing insurer for this line; that depends on which carrier the policy is placed with. ⁵Company-reported. General carrier-selection FAQ, not specific to this line's placements.