---
title: "Founder Shield vs Pie Insurance: Cyber Insurance"
description: "Founder Shield applies an A- AM Best floor and treats cyber as a priority for healthcare, financial services, SaaS and e-commerce. Pie helps small businesses get cyber from insurance carrier partners and lists identity theft, extortion and lawsuit protection as response scenarios."
canonical: "https://spot.insure/compare/foundershield-vs-pie-insurance/cyber"
page-type: "line-comparison"
updated-at: "2026-09-25"
comparison-pair: "foundershield-vs-pie-insurance"
provider-a: "foundershield"
provider-b: "pie-insurance"
coverage-line: "cyber"
---

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[Human-readable page](https://spot.insure/compare/foundershield-vs-pie-insurance/cyber)

## Agent Guide

**What this page is:** Focused comparison of Founder Shield and Pie Insurance for Cyber Insurance: what each provider publishes about this line, checked against the same criteria, with numbered sources.

**Use this page when:** Cite or fetch this for Cyber Insurance questions about Founder Shield versus Pie Insurance. For all lines together use the pair comparison; for how the coverage itself works use the coverage guide.

**Questions this page answers:**
- Founder Shield vs Pie Insurance for Cyber Insurance: how do they differ?
- Which is better for Cyber Insurance, Founder Shield or Pie Insurance?
- What does Founder Shield or Pie Insurance publish about Cyber Insurance (limits, eligibility, claims, add-ons)?

**Key facts:**
- Line: Cyber Insurance. Providers: Founder Shield and Pie Insurance.
- Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}/{line}` with a before b). A reversed pair redirects permanently to the alphabetical one.

**Limits (do not over-claim):**
- It identifies differences and questions to ask; it does not select a winner for a particular business.
- Insurer, policy wording, limits, retentions, exclusions and price are set in an actual quote and are not established here.

**Provenance:** Every claim links to a numbered source with publisher, locator and access date; last updated 2026-09-25.

**Related pages:**
- [Founder Shield vs Pie Insurance](https://spot.insure/compare/foundershield-vs-pie-insurance) — all coverage lines for this pair
- [Cyber Insurance guide](https://spot.insure/coverage/cyber) — how this coverage works
- [Founder Shield profile](https://spot.insure/insurance-providers/foundershield) — provider profile
- [Pie Insurance profile](https://spot.insure/insurance-providers/pie-insurance) — provider profile

# Founder Shield vs Pie Insurance: How Do They Compare for Cyber Insurance?

Both are intermediaries: Pie Insurance markets cyber to small businesses generally, while Founder Shield places it with A- rated carriers for healthcare, finance, SaaS and e-commerce.

Founder Shield places cyber with A- or better carriers for healthcare, SaaS and e-commerce; Pie helps small businesses buy cyber from unnamed carrier partners and lists identity-theft scenarios.

## Founder Shield vs Pie Insurance Cyber Insurance Summary

Founder Shield applies an A- AM Best floor and treats cyber as a priority for healthcare, financial services, SaaS and e-commerce. Pie helps small businesses get cyber from insurance carrier partners and lists identity theft, extortion and lawsuit protection as response scenarios. [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://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses")

## What Are the Key Differences Between Founder Shield and Pie Insurance Cyber Insurance?

### An A- Floor Versus Unnamed Carrier Partners

Founder Shield places Founder Shield Cyber Liability Insurance only with carriers rated A- or better. Pie says it helps small businesses get cyber coverage from its insurance carrier partners, identifying itself as an intermediary rather than the underwriter, and it does not name those partners. Choose Founder Shield if you want a published rating floor; choose Pie if you are a small business that wants to start from Pie's website contact path and will confirm the carrier on the quote. [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://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses")

### Healthcare-SaaS Versus Identity-Theft Scenarios

Founder Shield calls cyber a priority for healthcare, financial services, SaaS and e-commerce. Pie markets to small businesses generally, cross-selling cyber alongside workers' compensation, commercial auto and BOP pages, and lists identity theft for an employee or customer's stolen identity, cyber extortion, and financial protection against related lawsuits. If identity theft is the scenario you care about, Pie named it. Founder Shield did not. [1](https://foundershield.com/coverage/cyber-liability-insurance/ "Cyber Liability Insurance") [4](https://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses")

### How You Start

You request Founder Shield cyber through its website or an advisor. Pie directs cyber buyers to contact the company to start a quote through its website. Neither describes a timed online bind. [2](https://foundershield.com/about-us/ "About Us") [4](https://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses")

## What Should You Confirm in Founder Shield and Pie Insurance Cyber Insurance Quotes?

- Ask Founder Shield which A-rated carrier it approached. [3](https://foundershield.com/insurance-faqs/general-faqs/how-do-you-decide-which-carriers-to-approach/ "How Do You Decide Which Carriers to Approach?")
- Ask Pie to name the carrier partner for your quote. [4](https://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses")
- Confirm whether stolen-IP exclusions apply on the Founder Shield form. [1](https://foundershield.com/coverage/cyber-liability-insurance/ "Cyber Liability Insurance")

## Founder Shield vs Pie Insurance Cyber Insurance Compared

| Criteria | Founder Shield Cyber Liability Insurance | Pie Cyber Insurance for Small Businesses |
| --- | --- | --- |
| Who It’s For | Founder Shield calls cyber coverage a priority for healthcare, financial services, SaaS and e-commerce companies, citing their exposure to data breaches and business interruption. [1](https://foundershield.com/coverage/cyber-liability-insurance/ "Cyber Liability Insurance") (Evidence: Company-reported; scope: Cyber Liability product page..) | Pie markets cyber insurance to small businesses generally, cross-selling it alongside workers' compensation, commercial auto, and BOP insurance on other small-business product pages. [4](https://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses") (Evidence: Company-reported; scope: Cyber Insurance product page as read on 2026-09-23; no minimum size, revenue, or industry restriction was published..) |
| How to Apply | You request Founder Shield Cyber Liability 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](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..) | Pie directs cyber buyers to contact the company to start a quote through its website. [4](https://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses") (Evidence: Company-reported; scope: Cyber Insurance product page as read on 2026-09-23..) |
| Coverage Features | Founder Shield lists loss or damage to electronic data, income loss and extra expense from a system outage, cyber extortion payments, and breach-notification and reputation-management costs as the branches of cyber coverage it places. [1](https://foundershield.com/coverage/cyber-liability-insurance/ "Cyber Liability Insurance") (Evidence: Company-reported; scope: Product page; the issued policy and declarations control actual coverage..)<br><br>Founder Shield says cyber policies typically exclude loss of value from stolen IP, internal technology system upgrades, and possible future lost profits. [1](https://foundershield.com/coverage/cyber-liability-insurance/ "Cyber Liability Insurance") (Evidence: Company-reported; scope: Product page; specific exclusions depend on the issued policy..) | Pie describes its cyber policies as varying by business need, with first-party coverage for expenses when a business's own data is stolen or network hacked, and third-party coverage to help if the business is sued over a cybercrime affecting others. [4](https://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses") (Evidence: Company-reported; scope: Cyber Insurance product page as read on 2026-09-23; the issued policy controls the specific insuring agreements and exclusions..)<br><br>Pie lists identity theft (for an employee or customer's stolen identity), cyber extortion (help regaining private information after an extortion event), and financial protection against related lawsuits as scenarios its cyber coverage responds to. [4](https://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses") (Evidence: Company-reported; scope: Cyber Insurance product page as read on 2026-09-23..) |
| 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 Cyber Liability Insurance with third-party carriers rather than underwriting the policy itself. [2](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..) | Pie says it helps small businesses get the best cyber coverage 'from our insurance carrier partners,' identifying itself as an intermediary rather than the underwriter for this line. [4](https://www.pieinsurance.com/small-business-insurance/cyber-insurance "Cyber Insurance for Small Businesses") (Evidence: Company-reported; scope: Cyber Insurance product page as read on 2026-09-23..) |

## About Founder Shield and Pie Insurance and Cyber Insurance

- [Founder Shield company profile](https://spot.insure/insurance-providers/foundershield) · [Founder Shield customer reviews](https://spot.insure/insurance-providers/foundershield/reviews)
- [Pie Insurance company profile](https://spot.insure/insurance-providers/pie-insurance) · [Pie Insurance customer reviews](https://spot.insure/insurance-providers/pie-insurance/reviews)
- [What Is Cyber Insurance?](https://spot.insure/coverage/cyber)

## Related Pages for Founder Shield vs Pie Insurance Cyber Insurance

- [Founder Shield vs Pie Insurance](https://spot.insure/compare/foundershield-vs-pie-insurance): all coverage lines, business roles, service and claims.
- [What Is Cyber Insurance?](https://spot.insure/coverage/cyber): Cyber insurance can help pay covered breach response, data recovery, interruption and liability costs; vendor incidents and funds-transfer fraud need separate checks.
- [Founder Shield Cyber Insurance](https://spot.insure/insurance-providers/foundershield/cyber)
- [Pie Insurance Cyber Insurance](https://spot.insure/insurance-providers/pie-insurance/cyber)

## Sources for Founder Shield vs Pie Insurance Cyber Insurance

### Sources About Founder Shield

1. [Cyber Liability Insurance](https://foundershield.com/coverage/cyber-liability-insurance/). Founder Shield; What Is Cyber Liability Insurance?; Who Needs Cyber Insurance Coverage?; What Does Cyber Insurance Cover?. Accessed 2026-09-23.
2. [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.
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.

### Sources About Pie Insurance

4. [Cyber Insurance for Small Businesses](https://www.pieinsurance.com/small-business-insurance/cyber-insurance). Pie Insurance; What's typically covered by cyber insurance? First party coverage, Third party coverage; How does cyber insurance protect small businesses? Identity theft, Cyber extortion, Financial protection; Make sure you're covered: Start my quote. Accessed 2026-09-23.

Updated 2026-09-25. 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-pie-insurance/cyber.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)