---
title: "Corgi vs Founder Shield Crime Insurance"
description: "Corgi issues a fintech Crime & Fidelity form with published sublimits; Founder Shield places crime for healthcare and other sectors with A-rated carriers."
canonical: "https://spot.insure/compare/corgi-vs-foundershield/crime"
page-type: "line-comparison"
updated-at: "2026-09-23"
---

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

# Corgi vs Founder Shield Crime Insurance

Corgi issues a fintech Crime & Fidelity form with published sublimits; Founder Shield places crime for healthcare and other sectors with A-rated carriers.

## Research Scope and Use

Use this comparison to evaluate Corgi and Founder Shield for Crime Insurance against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote.

## Summary

Corgi sells Crime & Fidelity as a discovery-basis startup policy with an illustrative $1 million limit, aimed at fintechs and payroll firms. Founder Shield places crime as a Baldwin Group brokerage with AM Best A- or better carriers and names healthcare, financial services, non-profit and manufacturing or retail as priority sectors. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") [13](https://foundershield.com/about-us/ "About Us") [12](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance")

## What Is Corgi Insurance?

Corgi Insurance sells commercial coverage to technology startups through stage-based packages (pre-seed and seed, Series A, and growth stage) that combine general liability, directors and officers, technology E&O, cyber, and related lines, alongside a growing small-business product line for other industries. Coverage may be issued by Corgi’s own risk retention group, an affiliated admitted carrier, or a partner insurer, so the issuing entity and available protections depend on the specific product and state. [1](https://www.corgi.insure/disclaimers "Disclaimers") [2](https://www.corgi.insure "Corgi Insurance homepage") [3](https://www.prnewswire.com/news-releases/corgi-insurance-launches-admitted-insurance-carrier-302860246.html "Corgi Insurance Launches Admitted Insurance Carrier") [4](https://content.naic.org/sites/default/files/publication-loc-zu-listing-companies-summary.pdf "NAIC Listing of Companies") [5](https://content.naic.org/insurance-topics/risk-retention-groups "Insurance Topics: Risk Retention Groups")

[Corgi profile](https://spot.insure/insurance-providers/corgi)

## What Is Founder Shield Insurance?

Founder Shield is a commercial insurance broker for venture-backed and growing businesses. Buyers can request coverage through its online portal and work with advisors on insurer selection, policy changes and claims reporting. [7](https://foundershield.com/ "Founder Shield") [8](https://apx.foundershield.com/ "Quote Portal") [9](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") [10](https://foundershield.com/insurance-faqs/general-faqs/what-if-our-company-grows-a-lot-or-things-change-during-the-year/ "What If Our Company Grows A Lot or Things Change During the Year?") [11](https://foundershield.com/claims/ "Claims")

[Founder Shield profile](https://spot.insure/insurance-providers/foundershield)

## What Is Crime Insurance?

Crime insurance addresses business losses from specified theft and fraud risks, such as robbery, forgery and embezzlement. [14](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm "Commercial Insurance Guide")

## Key Differences in Crime Insurance

### Issuer of a Named Form Versus Placement Broker

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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") [1](https://www.corgi.insure/disclaimers "Disclaimers") [13](https://foundershield.com/about-us/ "About Us") [9](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?")

### 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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") [12](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance")

### 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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") [12](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance")

### 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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") [13](https://foundershield.com/about-us/ "About Us") [9](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?")

## What to Confirm in Crime Insurance Quotes

- Ask Founder Shield which A-rated carrier would issue crime and whether social engineering is sublimited. [9](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") [12](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance")
- Confirm Corgi’s $250,000 social-engineering sublimit, discovery trigger and issuing entity. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") [1](https://www.corgi.insure/disclaimers "Disclaimers")
- If a sponsor bank requires a specific form, ask which of these two placements the bank will accept. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") [12](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance")
- Compare Founder Shield’s bound limit with Corgi’s $1 million illustration. [12](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance") [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups")

## Offering Details

| Criteria | Corgi Crime & Fidelity | Founder Shield Crime Insurance |
| --- | --- | --- |
| 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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") (Evidence: Company-reported; scope: 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. [13](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..) |
| 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. [1](https://www.corgi.insure/disclaimers "Disclaimers") (Evidence: Company-reported; scope: 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. [9](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") (Evidence: Company-reported; scope: General carrier-selection FAQ, not specific to this line's placements..) |
| 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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") (Evidence: Company-reported; scope: 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. [12](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance") (Evidence: Company-reported; scope: Crime Insurance product page..) |
| 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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") (Evidence: Company-reported; scope: 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..)<br><br>Social engineering fraud (business email compromise) is commonly sublimited to $250,000 against the $1 million policy aggregate, and Corgi conditions the sublimit on documented out-of-band verification controls for changes to vendor wire instructions. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") (Evidence: Company-reported; scope: Product-page scenario notes and FAQ; the exact sublimit and required controls are underwriting-dependent and confirmed on the declarations page..)<br><br>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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") (Evidence: Company-reported; scope: 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. [12](https://foundershield.com/coverage/crime-insurance/ "Crime Insurance") (Evidence: Company-reported; scope: Product page; the issued policy and declarations control actual coverage..) |
| Limits and Retentions | Corgi's illustrative Crime & Fidelity structure shows a $1,000,000 per-occurrence and aggregate limit across its insuring agreements, with a $10,000 self-insured retention per occurrence. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") (Evidence: Company-reported; scope: Illustrative policy structure on the product page ('Anatomy of a $1M / $1M / $10K Crime & Fidelity Policy'); actual limits and retentions appear on the declarations and Corgi says standard limits scale with payment volume for growth-stage and at-scale companies..) | Not described in the reviewed sources. |
| 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. [6](https://www.corgi.insure/crime "Crime & Fidelity Insurance for Startups") (Evidence: Company-reported; scope: 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. [13](https://foundershield.com/about-us/ "About Us") [9](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") (Evidence: Company-reported; scope: About-us and carrier-selection pages describe the general placement process, not a line-specific application form..) |

## Full Comparison

- [Corgi vs Founder Shield](https://spot.insure/compare/corgi-vs-foundershield): all coverage lines, business roles, service and claims.
- [What Is Crime Insurance?](https://spot.insure/coverage/crime): Crime insurance can help recover business losses from specified theft and fraud, including employee theft, forgery and payment fraud.
- [Corgi vs Founder Shield Cargo and Transit Insurance](https://spot.insure/compare/corgi-vs-foundershield/cargo-transit)
- [Corgi vs Founder Shield Cyber Insurance](https://spot.insure/compare/corgi-vs-foundershield/cyber)
- [Corgi vs Founder Shield D&O Insurance](https://spot.insure/compare/corgi-vs-foundershield/directors-officers)
- [Corgi vs Founder Shield Employment Practices Liability Insurance](https://spot.insure/compare/corgi-vs-foundershield/employment-practices)
- [Corgi vs Founder Shield Fiduciary Liability Insurance](https://spot.insure/compare/corgi-vs-foundershield/fiduciary)
- [Corgi vs Founder Shield General Liability Insurance](https://spot.insure/compare/corgi-vs-foundershield/general-liability)
- [Corgi vs Founder Shield Hired and Non-Owned Auto Insurance](https://spot.insure/compare/corgi-vs-foundershield/hired-non-owned-auto)
- [Corgi vs Founder Shield Media Liability Insurance](https://spot.insure/compare/corgi-vs-foundershield/media)
- [Corgi vs Founder Shield Professional Liability (E&O) Insurance](https://spot.insure/compare/corgi-vs-foundershield/professional-errors-omissions)
- [Corgi vs Founder Shield Representations and Warranties Insurance](https://spot.insure/compare/corgi-vs-foundershield/representations-warranties)
- [Corgi vs Founder Shield Umbrella and Excess Liability Insurance](https://spot.insure/compare/corgi-vs-foundershield/umbrella-excess)
- [Corgi vs Founder Shield Workers’ Compensation Insurance](https://spot.insure/compare/corgi-vs-foundershield/workers-compensation)
- [Alliance Risk vs Corgi Crime Insurance](https://spot.insure/compare/alliance-risk-vs-corgi/crime)
- [Alliance Risk vs Founder Shield Crime Insurance](https://spot.insure/compare/alliance-risk-vs-foundershield/crime)
- [Beazley vs Corgi Crime Insurance](https://spot.insure/compare/beazley-vs-corgi/crime)
- [Beazley vs Founder Shield Crime Insurance](https://spot.insure/compare/beazley-vs-foundershield/crime)
- [CFC vs Corgi Crime Insurance](https://spot.insure/compare/cfc-vs-corgi/crime)
- [CFC vs Founder Shield Crime Insurance](https://spot.insure/compare/cfc-vs-foundershield/crime)

## Sources

### Corgi

1. [Disclaimers](https://www.corgi.insure/disclaimers). Corgi Insurance; Carrier Financial Strength: 'Coverage may be underwritten through affiliated or partner carriers, including Corgi Insurance Company, Inc. ... Certain coverages may also be underwritten by Technology Risk Retention Group, Inc.'. Accessed 2026-09-23.
2. [Corgi Insurance homepage](https://www.corgi.insure). Corgi Insurance Services, Inc.; Product packages: Cyber and Directors & Officers; Growth Stage and Custom Package; Self-Serve (apply, get quoted in minutes, bind same-day) and Book a Demo paths; Explore Our Main Policies: Commercial General Liability, Crime Insurance, Fiduciary Liability, Hired and Non-Owned Auto (HNOA), Worker’s Compensation; Specialized coverages: Employment Practices Liability (EPLI), K&R (Kidnap & Ransom), Representations and Warranties; Commercial Umbrella Liability; Business Owners Policy (BOP); Coverage sales cards: Media Liability, Medical Malpractice, Miscellaneous E&O; Core Operations: Tech E&O Insurance; Tech & AI Liability product module; Transportation menu: Auto Liability, Contractual Liability Insurance - Cargo; FAQ on cost, claims, and binding; footer entity, program-administrator and issuing-carrier notices. Accessed 2026-09-16.
3. [Corgi Insurance Launches Admitted Insurance Carrier](https://www.prnewswire.com/news-releases/corgi-insurance-launches-admitted-insurance-carrier-302860246.html). PR Newswire (Corgi press release); Announcement of Corgi Insurance Company, Inc.; planned small-business product classes; guaranty-association eligibility statement. Accessed 2026-09-15.
4. [NAIC Listing of Companies](https://content.naic.org/sites/default/files/publication-loc-zu-listing-companies-summary.pdf). National Association of Insurance Commissioners; June 2026 listing, numerical entry 17763 P 1 AZ TECHNOLOGY RRG INC. Accessed 2026-09-15.
5. [Insurance Topics: Risk Retention Groups](https://content.naic.org/insurance-topics/risk-retention-groups). National Association of Insurance Commissioners; Topic page last updated 13 October 2025: member-owned liability insurers formed under state and federal law; may be formed under a state's captive or traditional insurance laws; domiciled in one state and registered in others; treated as multi-state companies subject to modified NAIC accreditation standards. Accessed 2026-09-15.
6. [Crime & Fidelity Insurance for Startups](https://www.corgi.insure/crime). Corgi Insurance; What's Actually Inside Your Crime & Fidelity Policy (form CORG-CRM-0100); Anatomy of a $1M/$1M/$10K policy; Scenario notes; Industry Applicability & Compliance; FAQ. Accessed 2026-09-23.

### Founder Shield

7. [Founder Shield](https://foundershield.com/). Founder Shield; Opening broker description; Specialized Practices; Smart Tech, Smarter People; quote and sign-in links. Accessed 2026-09-15.
8. [Quote Portal](https://apx.foundershield.com/). Founder Shield; Public landing screen, Create Account and Sign In links. Accessed 2026-09-15.
9. [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.
10. [What If Our Company Grows A Lot or Things Change During the Year?](https://foundershield.com/insurance-faqs/general-faqs/what-if-our-company-grows-a-lot-or-things-change-during-the-year/). Founder Shield; Carl Niedbala answer, November 25, 2024: operational changes and coverage adjustments. Accessed 2026-09-15.
11. [Claims](https://foundershield.com/claims/). Founder Shield; Our Approach; How We Support Claims Management, steps 1–5; Make a claim link. Accessed 2026-09-15.
12. [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.
13. [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.

### Crime Insurance Guide

14. [Commercial Insurance Guide](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/09-comm/commercialguide.cfm). California Department of Insurance; Crime. Accessed 2026-09-16.

Updated 2026-09-23. 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.

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