Founder Shield vs Newfront Representations and Warranties Insurance

Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Representations and Warranties Insurance with third-party carriers rather than underwriting the policy itself. ⁷Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.

Newfront places representations and warranties (R&W) insurance through its Private Equity & Transaction Advisory Group, which it describes as operating as "an extension of your deal-team" during M&A transactions. Newfront brokers R&W coverage; it does not underwrite it. ¹²Company-reported. Mergers & Acquisitions page's Transaction liability paragraph.

Founder Shield says it places policies, including Founder Shield Representations and Warranties Insurance, 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. ³Company-reported. General carrier-selection FAQ, not specific to this line's placements.

Newfront says it has relationships with transaction liability insurers but does not name an R&W carrier. As a broker, the insurer varies by deal. ¹²Not publicly disclosed. Mergers & Acquisitions page's Subject matter expertise section.

Founder Shield markets R&W insurance to private equity and other financial sponsors, strategic buyers, corporate sellers divesting a business unit, and family-owned businesses being sold. ⁶Company-reported. Representations and Warranties Insurance product page.

Newfront markets R&W insurance to clients executing mergers and acquisitions, working alongside private-equity deal teams; the reviewed page does not set a minimum deal size or industry restriction. ¹²Company-reported. Mergers & Acquisitions page; a practice-wide description, not a stated R&W-specific eligibility threshold.

Founder Shield lists financial-statement misstatements, undisclosed tax liabilities, legal or regulatory non-compliance, and undisclosed contracts or leases as the kinds of seller misrepresentations the policy can cover, mostly on the buyer side. ⁶Company-reported. Product page; the issued policy and declarations control actual coverage.

Newfront describes R&W insurance as protecting clients "across unknown risks" arising from a transaction, distinguishing it from the tax insurance and contingent-liability insurance the same team also places for "hard-to-place transaction risks." The reviewed page does not describe R&W policy exclusions, retention structure or claims-made terms. ¹²Company-reported. Mergers & Acquisitions page's Transaction liability paragraph; general description, not a policy form summary.

Founder Shield's page does not publish specific limit figures; it says premiums are typically a percentage of the negotiated policy limit, which is set per transaction. ⁶Not publicly disclosed. Representations and Warranties Insurance product page, checked 2026-09-23.

Published limits, retentions or premium rates for R&W coverage were not found on the reviewed page. ¹²Not publicly disclosed. Mergers & Acquisitions page as read on 2026-09-23; limits and pricing are deal-specific for broker placements.

Not described in the reviewed sources.

Newfront says its due-diligence professionals "operate on deal-time identifying key risk exposures, mitigation solutions, and cost-savings opportunities," and that its technology and data-analytics capabilities support the M&A insurance team's work, including transaction-liability placement. ¹²Company-reported. Mergers & Acquisitions page's Due diligence and Technology & data-driven results sections; describes the M&A practice generally, not R&W-exclusive services.

You request Founder Shield Representations and Warranties 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. ^7,3Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form.

You engage Newfront's Private Equity & Transaction Advisory Group for R&W placement by requesting a consultation, which asks for your industry, company details and the service you need rather than issuing an instant quote. ¹³Company-reported. General consultation intake, not an R&W-specific application path.