Founder Shield vs TechInsurance: How Do They Compare for Professional Liability (E&O) Insurance?

TechInsurance publishes a median price of $88 a month and names IT, software, cybersecurity and SaaS firms among its buyers. Founder Shield is a brokerage that has its placement team approach carriers, serving venture firms and agencies too.

TechInsurance says its E&O policyholders pay a median of $88 a month based on its own customer data, while Founder Shield's E&O page publishes no cost figure and instead names a carrier-rating standard for its placements. ^4,³

What Are the Key Differences Between Founder Shield and TechInsurance Professional Liability (E&O) Insurance?

Published Cost

TechInsurance discloses a specific figure drawn from its own book of business:

TechInsurance says its E&O policyholders pay a median of $88 per month, or $1,051 a year, with the exact premium depending on location, profession risk level, coverage limits, deductible, employee count, claims history and annual income. ⁴Company-reported. Errors and omissions product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.

Founder Shield's E&O page does not publish a comparable cost figure; it instead names a carrier-selection standard, placing policies only with carriers rated A- or better by AM Best chosen for the client's industry. ³

When comparing Founder Shield and TechInsurance, use published pricing as a budget screen; the actual quote still decides the cost comparison.

Policy Trigger

TechInsurance says its E&O policies are claims-made, meaning coverage applies only if the policy was active both when the incident occurred and when the claim was filed, and recommends keeping the policy active or setting a retroactive date to cover past work. ⁴ Founder Shield's E&O page does not state whether the policies it places are written claims-made or occurrence. ¹

Who Each Page Names as a Fit

TechInsurance targets E&O at businesses that provide professional services or advice, naming IT and software professionals, cybersecurity and SaaS companies, insurance agents, real estate agents, tax preparers and consultants. ⁴ Founder Shield instead names venture capital firms, consultants, media and advertising agencies, SaaS marketplaces, and software developers who perform services for other parties. ¹

What Should You Confirm in Founder Shield and TechInsurance Professional Liability (E&O) Insurance Quotes?

Confirm whether TechInsurance's $88-a-month median applies to a business like yours, since it depends on location, risk level, limits, deductible and claims history. ⁴
Founder Shield's rating standard is A- or better by AM Best; ask it to name the actual carrier that would issue your policy. ³
Ask TechInsurance which insurer issues the policy, since the product page does not name one. ⁴
Ask Founder Shield whether the policy it places for you is claims-made or occurrence, and what retroactive date would apply. ¹

Founder Shield vs TechInsurance Professional Liability (E&O) Compared

Founder Shield vs TechInsurance: Professional Liability (E&O) Insurance: documented features by provider

Criteria	Founder Shield Errors & Omissions Insurance	TechInsurance Errors and Omissions Insurance
Who It’s For	Founder Shield markets E&O to venture capital firms, consultants, media and advertising agencies, SaaS marketplaces, and software developers who perform services for other parties. ¹Company-reported. Errors & Omissions Insurance product page.	TechInsurance targets E&O at businesses that provide professional services or advice, naming IT and software professionals, cybersecurity and SaaS companies, insurance agents, real estate agents, tax preparers and consultants as example segments, and notes it is sometimes required by state law or licensing boards. ⁴Company-reported. Errors and omissions product page, Who should get errors and omissions insurance coverage? section.
Coverage Features	Founder Shield lists defense costs, defense against disciplinary or regulatory proceedings, lost-earnings coverage, and claims from errors by employees or contractors as what E&O responds to. ¹Company-reported. Product page; the issued policy and declarations control actual coverage.	TechInsurance says E&O insurance covers professional negligence claims, errors or incomplete work, breach of contract, missed deadlines, misrepresentation of skill level, and communication-related disputes, and pays legal defense costs and any resulting judgment or settlement. ⁴Company-reported. Errors and omissions product page; general policy description, not a specific policy form. TechInsurance says its E&O policies are claims-made, meaning coverage applies only if the policy was active both when the incident occurred and when the claim was filed, and recommends keeping the policy active or setting a retroactive date to cover past work. ⁴Company-reported. Errors and omissions product page, Why is it important to keep your E&O insurance policy active? section.
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 Errors & Omissions 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. Founder Shield says E&O (professional liability) is often packaged with technology E&O and cyber coverage since the two types of claims tend to intertwine. ¹Company-reported. Errors & Omissions Insurance product page.	TechInsurance arranges errors and omissions (E&O) insurance, also called professional liability insurance, as a standalone policy for businesses that provide professional services or advice. ⁴Company-reported. Errors and omissions product page.

Criteria

Founder Shield Errors & Omissions Insurance

TechInsurance Errors and Omissions Insurance

Who It’s For

Founder Shield markets E&O to venture capital firms, consultants, media and advertising agencies, SaaS marketplaces, and software developers who perform services for other parties. ¹Company-reported. Errors & Omissions Insurance product page.

TechInsurance targets E&O at businesses that provide professional services or advice, naming IT and software professionals, cybersecurity and SaaS companies, insurance agents, real estate agents, tax preparers and consultants as example segments, and notes it is sometimes required by state law or licensing boards. ⁴Company-reported. Errors and omissions product page, Who should get errors and omissions insurance coverage? section.

Coverage Features

Founder Shield lists defense costs, defense against disciplinary or regulatory proceedings, lost-earnings coverage, and claims from errors by employees or contractors as what E&O responds to. ¹Company-reported. Product page; the issued policy and declarations control actual coverage.

TechInsurance says E&O insurance covers professional negligence claims, errors or incomplete work, breach of contract, missed deadlines, misrepresentation of skill level, and communication-related disputes, and pays legal defense costs and any resulting judgment or settlement. ⁴Company-reported. Errors and omissions product page; general policy description, not a specific policy form.

TechInsurance says its E&O policies are claims-made, meaning coverage applies only if the policy was active both when the incident occurred and when the claim was filed, and recommends keeping the policy active or setting a retroactive date to cover past work. ⁴Company-reported. Errors and omissions product page, Why is it important to keep your E&O insurance policy active? section.

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 Errors & Omissions 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.

Founder Shield says E&O (professional liability) is often packaged with technology E&O and cyber coverage since the two types of claims tend to intertwine. ¹Company-reported. Errors & Omissions Insurance product page.

TechInsurance arranges errors and omissions (E&O) insurance, also called professional liability insurance, as a standalone policy for businesses that provide professional services or advice. ⁴Company-reported. Errors and omissions product page.