--- title: "Founder Shield vs Newfront Fidelity Bonds" description: "Founder Shield’s ERISA bond restates federal penalty rules; Newfront lists Fidelity and Crime together for venture-backed and public companies." canonical: "https://spot.insure/compare/foundershield-vs-newfront/fidelity-bonds" page-type: "line-comparison" updated-at: "2026-09-23" --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, compare_providers for sourced comparisons, get_provider_score for a published Spot Score, and get_rankings for current provider rankings. The server is read-only and requires no authentication. [Human-readable page](https://spot.insure/compare/foundershield-vs-newfront/fidelity-bonds) # Founder Shield vs Newfront Fidelity Bonds Founder Shield’s ERISA bond restates federal penalty rules; Newfront lists Fidelity and Crime together for venture-backed and public companies. ## Research Scope and Use Use this comparison to evaluate Founder Shield and Newfront for Fidelity Bonds against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote. ## Summary Founder Shield places an ERISA Fidelity Bond for retirement-plan sponsors and restates the statutory 10% bonding rule. Newfront brokers Fidelity and Crime as one Executive Risk coverage for private companies through funding rounds and more than 500 public companies, without publishing ERISA dollar amounts. [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") [12](https://www.newfront.com/executive-risk "Executive Risk") ## What Is Founder Shield Insurance? Founder Shield is a commercial insurance broker for venture-backed and growing businesses. Buyers can request coverage through its online portal and work with advisors on insurer selection, policy changes and claims reporting. [1](https://foundershield.com/ "Founder Shield") [2](https://apx.foundershield.com/ "Quote Portal") [3](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") [4](https://foundershield.com/insurance-faqs/general-faqs/what-if-our-company-grows-a-lot-or-things-change-during-the-year/ "What If Our Company Grows A Lot or Things Change During the Year?") [5](https://foundershield.com/claims/ "Claims") [Founder Shield profile](https://spot.insure/insurance-providers/foundershield) ## What Is Newfront? Newfront is a business-insurance and employee-benefits brokerage that combines specialist teams with online policy-management tools. It is now part of WTW. [8](https://www.newfront.com/business-insurance "Business Insurance") [9](https://www.newfront.com/total-rewards "Employee Benefits") [10](https://www.newfront.com/navigator "Newfront Navigator") [11](https://investors.wtwco.com/news-releases/news-release-details/wtw-completes-acquisition-newfront "WTW Completes Acquisition Of Newfront") [Newfront profile](https://spot.insure/insurance-providers/newfront) ## What Are Fidelity Bonds? Fidelity bonds and employee-dishonesty policies address losses caused by dishonest employees, within the limits and terms purchased. [13](https://content.naic.org/glossary-insurance-terms "Glossary of Insurance Terms") ## Key Differences in Fidelity Bonds ### Plan-Asset Bond Versus Bundled Executive Cover Founder Shield’s offering is an ERISA Fidelity Bond placed with outside carriers. Newfront brokers fidelity as part of Executive Risk, grouped with crime under one Key Coverages entry, and negotiates placement rather than underwriting. [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") [7](https://foundershield.com/about-us/ "About Us") [12](https://www.newfront.com/executive-risk "Executive Risk") ### 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. [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") [12](https://www.newfront.com/executive-risk "Executive Risk") ### 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. [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") [12](https://www.newfront.com/executive-risk "Executive Risk") ## What to Confirm in Fidelity Bonds Quotes - Ask Founder Shield for the issuing A-rated carrier and the penalty versus plan assets. [3](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") - Ask Newfront whether Fidelity and Crime on the quote is an ERISA bond, a commercial crime form, or both. [12](https://www.newfront.com/executive-risk "Executive Risk") - Compare covered persons and discovery periods; Newfront’s page does not list them. [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") [12](https://www.newfront.com/executive-risk "Executive Risk") - Ask Newfront how dashboard access and claims negotiation would apply to a fidelity loss. [12](https://www.newfront.com/executive-risk "Executive Risk") ## Offering Details | Criteria | Founder Shield ERISA Fidelity Bond | Newfront Fidelity Bond Insurance | | --- | --- | --- | | 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. [7](https://foundershield.com/about-us/ "About Us") (Evidence: Company-reported; scope: 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. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Executive Risk offering page; fidelity and crime are listed together, not as separately described products..) | | Issuing Insurer | Founder Shield says it places policies, including Founder Shield ERISA Fidelity Bond, 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. [3](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") (Evidence: Company-reported; scope: General carrier-selection FAQ, not specific to this line's placements..) | The reviewed Executive Risk page does not name the insurer or insurers that would issue a fidelity bond placed through Newfront. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Not publicly disclosed; scope: Executive Risk page as read on 2026-09-23; carrier depends on the specific placement..) | | 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). [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") (Evidence: Company-reported; scope: 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. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Here for the Long Run section; figures describe the executive-risk practice broadly, not fidelity bonds specifically..) | | 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. [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") (Evidence: Company-reported; scope: 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. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Executive Risk page Key Coverages list; fidelity and crime are bundled in one line item..) | | Limits and Retentions | Founder Shield's page states the federal ERISA bonding requirement: at least 10% of plan funds handled, with a minimum bond of $1,000 and a maximum of $500,000 (up to $1 million for plans holding employer securities). This is the statutory minimum, not a Founder Shield-specific limit. [6](https://foundershield.com/coverage/erisa-fidelity-bond/ "ERISA Fidelity Bond") (Evidence: Company-reported; scope: Product page describing the ERISA statutory bonding requirement..) | Newfront's Executive Risk page does not publish limits or retentions for fidelity bond coverage. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Not publicly disclosed; scope: Executive Risk page as read on 2026-09-23..) | | Risk Services | Not described in the reviewed sources. | Newfront says clients get 24/7 access to their insurance program, including policies, certificates of insurance and billing, through its connected dashboard, and that renewal submissions use pre-populated historical data. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Industry-Leading Technology section; described across Executive Risk lines, not fidelity-specific..) | | 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. [7](https://foundershield.com/about-us/ "About Us") [3](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?") (Evidence: Company-reported; scope: 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. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: Executive Risk page call-to-action; no online quoting or binding described..) | | Claims Support | Not described in the reviewed sources. | Newfront says it provides "integrated claims and coverage negotiation" for its Executive Risk lines, which would apply to a fidelity bond claim. [12](https://www.newfront.com/executive-risk "Executive Risk") (Evidence: Company-reported; scope: The Newfront Difference section; described across Executive Risk lines, not a fidelity-specific claims workflow..) | ## Full Comparison - [Founder Shield vs Newfront](https://spot.insure/compare/foundershield-vs-newfront): all coverage lines, business roles, service and claims. - [What Are Fidelity Bonds?](https://spot.insure/coverage/fidelity-bonds): Fidelity bonds and employee-dishonesty coverage protect against specified losses caused by dishonest employees or people handling plan assets. - [Founder Shield vs Newfront Cargo and Transit Insurance](https://spot.insure/compare/foundershield-vs-newfront/cargo-transit) - [Founder Shield vs Newfront Commercial Property Insurance](https://spot.insure/compare/foundershield-vs-newfront/commercial-property) - [Founder Shield vs Newfront Crime Insurance](https://spot.insure/compare/foundershield-vs-newfront/crime) - [Founder Shield vs Newfront Cyber Insurance](https://spot.insure/compare/foundershield-vs-newfront/cyber) - [Founder Shield vs Newfront D&O Insurance](https://spot.insure/compare/foundershield-vs-newfront/directors-officers) - [Founder Shield vs Newfront Digital Asset Insurance](https://spot.insure/compare/foundershield-vs-newfront/digital-assets) - [Founder Shield vs Newfront Employee Health Benefits](https://spot.insure/compare/foundershield-vs-newfront/employee-health-benefits) - [Founder Shield vs Newfront Employment Practices Liability Insurance](https://spot.insure/compare/foundershield-vs-newfront/employment-practices) - [Founder Shield vs Newfront Fiduciary Liability Insurance](https://spot.insure/compare/foundershield-vs-newfront/fiduciary) - [Founder Shield vs Newfront General Liability Insurance](https://spot.insure/compare/foundershield-vs-newfront/general-liability) - [Founder Shield vs Newfront Product Liability Insurance](https://spot.insure/compare/foundershield-vs-newfront/product-liability) - [Founder Shield vs Newfront Professional Liability (E&O) Insurance](https://spot.insure/compare/foundershield-vs-newfront/professional-errors-omissions) - [Founder Shield vs Newfront Representations and Warranties Insurance](https://spot.insure/compare/foundershield-vs-newfront/representations-warranties) - [Founder Shield vs Newfront Telehealth Insurance](https://spot.insure/compare/foundershield-vs-newfront/virtual-care-telehealth) - [Founder Shield vs Newfront Umbrella and Excess Liability Insurance](https://spot.insure/compare/foundershield-vs-newfront/umbrella-excess) - [Founder Shield vs Newfront Venture Capital Asset Protection Insurance](https://spot.insure/compare/foundershield-vs-newfront/venture-capital-asset-protection) - [Founder Shield vs Newfront Workers’ Compensation Insurance](https://spot.insure/compare/foundershield-vs-newfront/workers-compensation) - [Beazley vs Founder Shield Fidelity Bonds](https://spot.insure/compare/beazley-vs-foundershield/fidelity-bonds) - [Beazley vs Newfront Fidelity Bonds](https://spot.insure/compare/beazley-vs-newfront/fidelity-bonds) - [Coverdash vs Founder Shield Fidelity Bonds](https://spot.insure/compare/coverdash-vs-foundershield/fidelity-bonds) - [Coverdash vs Newfront Fidelity Bonds](https://spot.insure/compare/coverdash-vs-newfront/fidelity-bonds) - [Founder Shield vs Gallagher Fidelity Bonds](https://spot.insure/compare/foundershield-vs-gallagher/fidelity-bonds) - [Founder Shield vs Heffernan Insurance Brokers Fidelity Bonds](https://spot.insure/compare/foundershield-vs-heffernan/fidelity-bonds) ## Sources ### Founder Shield 1. [Founder Shield](https://foundershield.com/). Founder Shield; Opening broker description; Specialized Practices; Smart Tech, Smarter People; quote and sign-in links. Accessed 2026-09-15. 2. [Quote Portal](https://apx.foundershield.com/). Founder Shield; Public landing screen, Create Account and Sign In links. Accessed 2026-09-15. 3. [How Do You Decide Which Carriers to Approach?](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/). Founder Shield; FAQ answer on carrier selection: works exclusively with A-rated (AM Best) carriers, matched by industry appetite. Accessed 2026-09-23. 4. [What If Our Company Grows A Lot or Things Change During the Year?](https://foundershield.com/insurance-faqs/general-faqs/what-if-our-company-grows-a-lot-or-things-change-during-the-year/). Founder Shield; Carl Niedbala answer, November 25, 2024: operational changes and coverage adjustments. Accessed 2026-09-15. 5. [Claims](https://foundershield.com/claims/). Founder Shield; Our Approach; How We Support Claims Management, steps 1–5; Make a claim link. Accessed 2026-09-15. 6. [ERISA Fidelity Bond](https://foundershield.com/coverage/erisa-fidelity-bond/). Founder Shield; What Is ERISA Fidelity Bond Insurance?; Who Needs ERISA Fidelity Bond Insurance Coverage?; What Does ERISA Fidelity Bond Insurance Cover?. Accessed 2026-09-23. 7. [About Us](https://foundershield.com/about-us/). Founder Shield; “Founder Shield is the innovation arm of The Baldwin Group”; company history and mission. Accessed 2026-09-23. ### Newfront 8. [Business Insurance](https://www.newfront.com/business-insurance). Newfront; Purpose-Built Team; Full Transparency; Streamlined Program Management. Accessed 2026-09-15. 9. [Employee Benefits](https://www.newfront.com/total-rewards). Newfront; Employee Benefits heading; Tailored Solutions; Comprehensive Expertise: Benefits, Global Benefits, Compensation and Retirement. Accessed 2026-09-16. 10. [Newfront Navigator](https://www.newfront.com/navigator). Newfront; Total Access. Real Confidence; Explore What You Can Do in Navigator; product demonstration image. Accessed 2026-09-15. 11. [WTW Completes Acquisition Of Newfront](https://investors.wtwco.com/news-releases/news-release-details/wtw-completes-acquisition-newfront). WTW; 27 January 2026 release; completion announcement and allocation of Business Insurance and Total Rewards to WTW segments. Accessed 2026-09-15. 12. [Executive Risk](https://www.newfront.com/executive-risk). Newfront; Key Coverages to Protect Your Business: Fidelity and Crime; Here for the Long Run: Private Companies and Public statistics; Industry-Leading Technology. Accessed 2026-09-23. ### Fidelity Bonds Guide 13. [Glossary of Insurance Terms](https://content.naic.org/glossary-insurance-terms). National Association of Insurance Commissioners; Fidelity; Surety Bond. Accessed 2026-09-16. Updated 2026-09-23. 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](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source. ## Agent and Developer Resources - [Markdown page](https://spot.insure/compare/foundershield-vs-newfront/fidelity-bonds.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://spot.insure/llms.txt)