Founder Shield vs HUB International Cargo and Transit Insurance

Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Transit & Transportation 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.

HUB brokers marine cargo insurance through a dedicated marine practice rather than underwriting the policy itself. ¹¹Company-reported. Marine insurance product page as read 2026-09-23; the page does not name an issuing insurer.

Founder Shield says it places policies, including Founder Shield Transit & Transportation 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. ³Company-reported. General carrier-selection FAQ, not specific to this line's placements.

The marine insurance page does not name an issuing insurer for cargo coverage; HUB places marine business with carriers that vary by placement. ¹¹Not found in reviewed sources. Checked the marine insurance product page on 2026-09-23; no carrier is disclosed there.

Founder Shield markets this coverage to shippers and carriers, logistics companies, manufacturers and distributors that ship products, and third-party logistics (3PL) providers. ⁶Company-reported. Transit & Transportation product page.

HUB says its marine practice serves ocean cargo, passenger vessel, port and terminal operator, ship owner and operator, shipyard, and supply chain and logistics businesses. ¹¹Company-reported. Product-page target-market list; not a published underwriting appetite by cargo type or region.

Founder Shield describes the policy as covering cargo damage, loss or theft in transit, damage to company vehicles, and third-party liability from transportation operations, distinct from what a commercial auto policy alone would cover. ⁶Company-reported. Product page; the issued policy and declarations control actual coverage.

HUB describes marine cargo insurance as covering damage, loss or theft of freight while it is in transit by land, sea or air, and separately offers stock throughput insurance that covers goods from the manufacturing stage through final delivery. ¹¹Company-reported. Product-page coverage description; the issued policy and its exclusions control an actual claim.

Founder Shield's page does not publish specific limit or deductible figures for this line; it says coverage limits should align with the value of the goods and vehicles being transported. ⁶Not publicly disclosed. Transit & Transportation product page, checked 2026-09-23.

Published per-shipment or per-conveyance limits for HUB-placed cargo coverage were not found on this page. ¹¹Not publicly disclosed. Checked the marine insurance product page on 2026-09-23; limits are set on the quote and declarations.

You request Founder Shield Transit & Transportation 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. ^7,3Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form.

HUB directs prospects to contact a HUB marine insurance specialist to arrange coverage; no online quote flow is described. ¹¹Company-reported. Product-page call to action as read 2026-09-23.