Founder Shield vs USI Insurance Services 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.

USI brokers representations and warranties (R&W) insurance as part of its Private Equity practice's deal-support services; it does not underwrite the policy itself. ¹¹Company-reported. Private Equity practice page.

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.

The Private Equity page does not name the insurer USI uses for R&W placements. ¹¹Not publicly disclosed. Page as read on 2026-09-23.

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.

USI markets this practice to private equity buyers and sellers working with financial or strategic buyers throughout a merger or acquisition process, not to a general commercial buyer outside a deal context. ¹¹Company-reported. Company description of the practice's audience.

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.

USI lists "Representations and Warranties Insurance Solutions for Uninsured Risk" among its Private Equity practice's offerings, in the context of reviewing the offering memorandum and purchase-and-sale agreement to identify pre-closing liabilities. ¹¹Company-reported. Single catalogue line on the practice page; actual insuring agreements, exclusions and the underwriting review process are set by the R&W insurer and the deal's own diligence.

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.

The page does not publish limit or retention figures for R&W placements. ¹¹Not publicly disclosed. Page as read on 2026-09-23.

Not described in the reviewed sources.

USI says it reviews the offering memorandum and purchase-and-sale agreement to flag red flags, helps define pre-closing liabilities, and maintains a local service team overseeing the target company's insurance and benefits programs after close, alongside benchmarking and total-cost-of-risk analysis. ¹¹Company-reported. Company description of the deal-support process; R&W insurance is one of several services listed alongside these.

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.

USI directs private equity and M&A inquiries to pcinquiries@usi.com or a local USI office. ¹¹Company-reported. Contact instructions on the Private Equity practice page.