Founder Shield vs 
Newfront: How Do They Compare for Fidelity Bonds?
Founder Shield brokers ERISA fidelity bonds for plan sponsors and fiduciaries, with statutory minimum amounts tied to assets handled. Newfront brokers fidelity bonds for executive risk clients; you start by requesting a consultation, and it provides policy and claims support.
Founder Shield places ERISA bonds for plan sponsors; Newfront considers fidelity and crime together under Executive Risk for private and public companies. 1,4
What Are the Key Differences Between Founder Shield and Newfront Fidelity Bonds?
Plan-Asset Bond or Executive Risk Coverage
Founder Shield places ERISA fidelity bonds for plan sponsors, fiduciaries and TPAs. Newfront groups Fidelity and Crime under Executive Risk for private companies from seed stage through later funding and public companies. Choose Founder Shield if you need a bond for employee-benefit plan assets; choose Newfront if you want fidelity considered alongside broader executive-risk coverage. 1 4
Stated Buyers
Founder Shield names plan sponsors, fiduciaries, TPAs and small businesses with a 401(k). Newfront describes Executive Risk work from seed-stage private companies through later funding and with over 500 publicly traded companies, without a fidelity-specific eligibility threshold. 1 4
Limits, Servicing and Intake
Founder Shield restates ERISA’s 10% / $1,000–$500,000 (up to $1 million with employer securities) rule and lists the dishonest acts the bond is meant to cover. Newfront’s page does not publish fidelity limits or separately describe those insuring agreements; it offers 24/7 dashboard access to policies and certificates, pre-populated renewal data, and integrated claims and coverage negotiation. Founder Shield intake is a website or advisor request; Newfront starts with an Executive Risk consultation. 1 4
What Should You Confirm in Founder Shield and Newfront Fidelity Bonds Quotes?
- Ask Founder Shield for the issuing A-rated carrier and the penalty versus plan assets. 3 1
- Ask Newfront whether Fidelity and Crime on the quote is an ERISA bond, a commercial crime form, or both. 4
- Compare covered persons and discovery periods; Newfront’s page does not list them. 1 4
- Ask Newfront how dashboard access and claims negotiation would apply to a fidelity loss. 4
Founder Shield vs Newfront Fidelity Bonds Compared
Founder Shield vs Newfront: Fidelity Bonds: documented features by provider
| Criteria | Founder Shield ERISA Fidelity Bond | Newfront Fidelity Bond Insurance |
|---|---|---|
| Who It’s For | Founder Shield says this bond is required for plan sponsors offering a retirement plan, the fiduciaries who manage it, third-party administrators, and even small businesses with a simple 401(k). 1Company-reported. ERISA Fidelity Bond 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 fidelity-specific eligibility threshold. 4Company-reported. Here for the Long Run section; figures describe the executive-risk practice broadly, not fidelity bonds specifically. |
| 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. | You start a fidelity bond 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 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. | Newfront lists "Fidelity and Crime" among the Key Coverages of its Executive Risk program. The page does not separately describe fidelity-specific insuring agreements such as employee-dishonesty bond limits or covered positions. 4Company-reported. Executive Risk page Key Coverages list; fidelity and crime 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 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. | Newfront brokers fidelity bond coverage as part of its Executive Risk practice, which it groups with crime coverage under one Key Coverages entry. It negotiates placement rather than underwriting the risk. 4Company-reported. Executive Risk offering page; fidelity and crime are listed together, not as separately described products. |
