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

Newfront brokers crime via a consultation request for private companies from seed round through every funding series; Founder Shield, a retail brokerage, calls crime a priority for healthcare, financial services, nonprofit and manufacturing or retail firms.

Founder Shield targets healthcare, finance, nonprofits and manufacturing or retail and lists four crime agreements; Newfront serves private companies from seed stage and 500+ public companies but leaves crime wording unspecified. 1,3,4

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

If you need employee theft, computer fraud or funds-transfer language, Founder Shield lists those agreements; Newfront groups crime with fidelity on its Executive Risk page. Newfront does describe a 24/7 policy dashboard and integrated claims negotiation across that practice. 1 4

Four Named Branches Versus a Bundled Line Item

Founder Shield lists employee dishonesty by an identified employee, forgery or alteration, computer fraud, and funds-transfer fraud from social engineering. Newfront lists Fidelity and Crime as one Executive Risk Key Coverages entry and does not separately describe those insuring agreements on the reviewed page. Both broker rather than underwrite. 1 2 4

Carrier Rule Versus Servicing Dashboard

Founder Shield says it places policies only with A-rated AM Best carriers matched to industry. Newfront’s Executive Risk page does not name crime insurers; it says clients get 24/7 access to policies, certificates and billing through a connected dashboard, renewals using pre-populated historical data, and integrated claims and coverage negotiation. 3 4

Industry List Versus Funding Stage

Founder Shield names healthcare, financial services, non-profits and manufacturing/retail. Newfront says Executive Risk services private companies from seed through every funding series and describes work with over 500 publicly traded companies. Both start with a website or advisor/consultation request rather than an online bind. 1 2 4

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

  • Ask Newfront which crime insuring agreements are on the Fidelity and Crime placement. 4
  • Ask Founder Shield which A-rated carrier is issuing. 3
  • Confirm whether Newfront’s dashboard and claims negotiation apply to crime. 4
  • Compare public-company eligibility on Newfront with Founder Shield’s industry-priority list. 4 1

Founder Shield vs Newfront Crime Insurance Compared

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

CriteriaFounder Shield Crime InsuranceNewfront Fidelity and Crime Insurance
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.

Newfront says its Executive Risk practice services private companies from seed round through every series of funding, and describes work with over 500 publicly traded companies, without a crime-specific eligibility threshold. 4Company-reported. Here for the Long Run section; figures describe the executive-risk practice broadly, not crime coverage specifically.

How to Apply

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. 2,3Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form.

You start a crime coverage placement by requesting a consultation through Newfront's Executive Risk page. 4Company-reported. Executive Risk page call-to-action; no online quoting or binding described.

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.

Newfront lists "Fidelity and Crime" among the Key Coverages of its Executive Risk program. The page does not separately describe crime-specific insuring agreements such as employee theft, computer fraud or funds-transfer fraud. 4Company-reported. Executive Risk page Key Coverages list; crime and fidelity are bundled in one line item.

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.

Newfront brokers crime coverage as part of its Executive Risk practice, which it groups with fidelity coverage under one Key Coverages entry. It negotiates placement rather than underwriting the risk. 4Company-reported. Executive Risk offering page; crime and fidelity are listed together, not as separately described products.

About Founder Shield and Newfront and Crime Insurance

Related Pages for Founder Shield vs Newfront Crime Insurance

Updated . 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. To suggest a correction, contact Spot with the page URL and supporting source.

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