Founder Shield vs 
HUB International: How Do They Compare for Fidelity Bonds?
Founder Shield brokers ERISA fidelity bonds for plan sponsors and fiduciaries, with minimum bond amounts tied to plan funds handled. HUB International places crime and fidelity offerings through ProEx and directs buyers to a specialist.
Founder Shield focuses on ERISA bonds for employee-benefit plan assets; HUB places Crime/Fidelity and Financial Institution Bonds through its ProEx specialists. 1,4
What Are the Key Differences Between Founder Shield and HUB International Fidelity Bonds?
Employee-Benefit Plan Assets or Broader Bond Options
Founder Shield offers ERISA fidelity bonds for plan sponsors, fiduciaries and small businesses managing a 401(k), with amounts tied to plan funds handled. HUB places Crime/Fidelity and Financial Institution Bonds through ProEx alongside other executive-risk services. Choose Founder Shield if you need an ERISA bond for plan assets; choose HUB if you need financial-institution bonding or broader executive-risk placement. 1 4
Limits and Covered Conduct
Founder Shield restates ERISA’s 10% of funds handled, $1,000 minimum and $500,000 maximum (up to $1 million with employer securities), and lists theft, embezzlement, forgery, misappropriation and larceny of plan assets. HUB’s ProEx list names Crime/Fidelity and Financial Institution Bonds but gives no insuring-agreement detail, exclusions or published bond penalties. 1 4
Markets and How You Start
Founder Shield says it approaches AM Best A- or better carriers by industry after you request the bond on its site or through an advisor. HUB says ProEx places more than $2 billion in premium with carriers it calls top-rated, without naming them for this line, and tells you to contact a ProEx specialist; that team also offers analytics, litigation support and risk-management services. 3 2 4
What Should You Confirm in Founder Shield and HUB International Fidelity Bonds Quotes?
- Ask Founder Shield which A-rated carrier will issue the ERISA bond and the penalty relative to plan assets. 3 1
- Ask HUB whether you need Crime/Fidelity, a financial institution bond, an ERISA bond, or a combination. 4
- Compare covered persons: Founder Shield names plan handlers; HUB’s list does not. 1 4
- Ask HUB which ProEx services attach to the bond placement. 4
Founder Shield vs HUB International Fidelity Bonds Compared
Founder Shield vs HUB International: Fidelity Bonds: documented features by provider
| Criteria | Founder Shield ERISA Fidelity Bond | HUB International Crime and Fidelity Bond Brokerage |
|---|---|---|
| How to Apply | You request Founder Shield ERISA Fidelity Bond 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. 2,3Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form. | HUB directs prospects for these coverages to contact a ProEx specialist rather than an online quote or bind flow. 4Company-reported. ProEx page call to action. |
| Coverage Features | Founder Shield lists theft and embezzlement of plan assets, forgery, misappropriation and larceny by those who handle a benefit plan's funds as what an ERISA fidelity bond covers. 1Company-reported. Product page; the issued bond and its terms control actual coverage. | HUB's ProEx coverage list names "Crime / Fidelity" as an Executive Liability offering and "Financial Institution Bonds" as a separate Financial Institutions offering, but the page gives no further description of insuring agreements, covered dishonest-act scenarios or exclusions for either. 4Company-reported. ProEx page coverage list only; these are catalogue entries, not policy-form descriptions. |
| Role in This Line | Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield ERISA Fidelity Bond with third-party carriers rather than underwriting the policy itself. 2Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line. | HUB places crime and fidelity bond coverage, including financial institution bonds, through its ProEx Professional & Executive Risk practice alongside other executive-liability and financial-institution lines, rather than underwriting these bonds itself. 4Company-reported. ProEx page coverage list, read 2026-09-23. The page does not name an issuing insurer for Crime/Fidelity or Financial Institution Bonds. |
