Founder Shield vs 
Relm Insurance: How Do They Compare for Product Liability Insurance?
Founder Shield is a broker you engage through its website or an advisor, placing with carriers rated A- or higher; Relm Insurance markets product liability for brokers to place and flags cannabis and biotech as high-exposure.
Founder Shield serves manufacturers, distributors and e-commerce sellers through carriers rated A- or better by AM Best. Relm markets broker-placed product liability with examples for cannabis THC potency and biotech medical-device risks. 2,3,4
What Are the Key Differences Between Founder Shield and Relm Insurance Product Liability Insurance?
Choose the Route for Your Products
Founder Shield places product liability for manufacturers, distributors and retail or e-commerce sellers. Relm’s examples include cannabis products with unexpected THC potency and biotech firms facing medical-device or clinical-trial risks. Choose Founder Shield if you sell physical goods and want a direct retail-broker application; choose Relm if your broker is placing product liability for cannabis or biotech risks. 1 4
Compare the Described Claim Scenarios
Founder Shield lists manufacturing defects, design defects and inadequate labeling, including defense fees, settlements or judgments and medical costs. Relm describes injury or property damage from defects, design flaws and inadequate warnings, and lists exclusions for employee injury, professional errors, intentional or criminal acts and illegal activity. Compare those exclusions against your product and operations in the actual forms. 1 4
Ask Who Issues the Policy
Founder Shield says it selects carriers rated A- or better by AM Best, but does not name a carrier for this quote. Relm’s reviewed casualty page also does not identify the insurer. Request each proposed insurer and its policy form before comparing coverage. 3 4
What Should You Confirm in Founder Shield and Relm Insurance Product Liability Insurance Quotes?
- Ask Founder Shield which A- or better carrier it proposes and how the policy treats your products. 3
- Ask your broker whether Relm will consider the specific cannabis or biotech product. 4
- Compare coverage for defects, warnings, defense costs and medical payments. 1 4
- Request exclusions and insurer names in both policy forms. 1 4
Founder Shield vs Relm Insurance Product Liability Insurance Compared
Founder Shield vs Relm Insurance: Product Liability Insurance: documented features by provider
| Criteria | Founder Shield Product Liability Insurance | Relm Product Liability Insurance |
|---|---|---|
| Who It’s For | Founder Shield markets product liability to manufacturers, distributors, and retail/e-commerce companies that make or sell physical products. 1Company-reported. Product Liability Insurance product page. | Relm calls the coverage essential for any business that manufactures, distributes or sells physical products, and specifically flags cannabis (unexpected THC potency) and biotech (faulty medical devices, clinical trial risk) as high-exposure examples. 4Company-reported. Casualty page framing; not a guarantee of eligibility for a particular company. |
| How to Apply | You request Founder Shield Product 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. 2,3Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form. | Relm sells product liability coverage through insurance brokers; its reviewed pages do not describe a direct online quote. 4Company-reported. Casualty page framing; consistent with Relm's broader broker-distribution model. |
| Coverage Features | Founder Shield lists manufacturing defects, design defects and inadequate labeling as scenarios the policy responds to, covering defense fees, settlements or judgments, and medical costs. 1Company-reported. Product page; the issued policy and declarations control actual coverage. | Relm says product liability protects against claims from injuries or property damage caused by a product due to defects, design flaws, or inadequate warnings and other labelling issues. 4Company-reported. Casualty page 'What is Product Liability Insurance?' section; the issued policy and declarations control. Relm says casualty coverage generally excludes employee injuries (covered by workers' compensation), professional errors (covered by E&O), intentional or criminal acts, and damages from illegal activities. 4Company-reported. Casualty page 'What Does Casualty Insurance Not Cover?' section; applies across Relm's casualty lines, not product-liability-specific exclusions only. |
| 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 Product Liability 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. | Relm markets Product Liability Insurance as a casualty line brokers can place for clients that manufacture, distribute or sell physical products. 4Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement. |
