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

Founder Shield places crime only with carriers rated A- or higher and calls it a priority for healthcare, financial services, nonprofit and manufacturing or retail; Lockton brokers crime for organizations of any sector, with claims handled inside its broking team.

Founder Shield targets healthcare, finance, nonprofits and manufacturing with carriers screened for an AM Best A- or better financial-strength rating; Lockton serves public, private and nonprofit buyers and names a dedicated crime claims team. ^3,^2,⁴

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

Financial institutions should ask Lockton whether they need a financial institution bond, which it distinguishes from general crime coverage. Lockton also names a Professional & Executive Risk claims team; Founder Shield’s pages do not describe crime-specific claims support. ⁴ ¹

Retail Placement Versus Claims-Integrated Broking

Founder Shield places crime with third-party A-rated carriers rather than underwriting. Lockton places Crime and Fidelity as a brokered program and says its Professional & Executive Risk Claims team, which keeps insurance and claims counsel inside the broking team, handles those claims. ² ³ ⁴

FI Bonds and Small-Business Exposure

Lockton notes financial institutions are frequently required to carry a financial institution bond, distinct from general crime, and calls small businesses particularly exposed because they often lack fraud-prevention and auditing resources. Founder Shield’s crime page does not discuss financial institution bonds; it names healthcare, financial services, non-profits and manufacturing/retail as priority buyers because of theft exposure. ⁴ ¹

Coverage Types and Carrier Names

Founder Shield lists employee dishonesty by an identified employee, forgery or alteration, computer fraud, and funds-transfer fraud from social engineering. Lockton lists employee theft, forgery or alteration of negotiable instruments, theft on or off premises, computer fraud, counterfeit currency, and social-engineering impersonation involving customers, vendors or employees. Founder Shield states an A-rated carrier screen. Lockton’s page does not name the insurers it uses. ¹ ³ ⁴

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

Ask Lockton whether you need a financial institution bond or general crime and fidelity. ⁴
Ask Founder Shield which A-rated carrier it is placing. ³
Ask how Lockton’s claims team would handle a crime loss versus Founder Shield’s issuer. ⁴ ²
Compare on-or-off-premises theft and counterfeit currency on Lockton’s list with Founder Shield’s four branches. ⁴ ¹

Founder Shield vs Lockton Crime Insurance Compared

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

Criteria	Founder Shield Crime Insurance	Lockton Crime and Fidelity Insurance Brokerage
Who It’s For	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. ¹Company-reported. Crime Insurance product page.	Lockton says crime coverage is relevant to nonprofit, private and public organizations of any sector, and calls out small businesses as particularly exposed because they often lack fraud-prevention and auditing resources. It also notes financial institutions are frequently required to carry a financial institution bond, distinct from general crime coverage. ⁴Company-reported. Crime and Fidelity product page as read 2026-09-23.
Coverage Features	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. ¹Company-reported. Product page; the issued policy and declarations control actual coverage.	Lockton lists the claim types a crime and fidelity program is meant to address: employee theft, forgery or alteration of negotiable instruments, theft on or off premises, computer fraud, counterfeit currency, and social engineering (impersonation) fraud involving customers, vendors or employees. ⁴Company-reported. Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy.
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 Crime Insurance 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.	Lockton places Crime and Fidelity insurance to protect businesses against financial losses from theft, fraud, forgery and embezzlement by employees or third parties; it describes this as a brokered program, not a policy Lockton underwrites. ⁴Company-reported. Crime and Fidelity product page as read 2026-09-23.