Founder Shield Intellectual Property Insurance

Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Intellectual Property Insurance with third-party carriers rather than underwriting the policy itself. ²Company-reportedAbout-us page; applies to Founder Shield's brokerage model generally, restated here for this line.

Founder Shield says it places policies, including Founder Shield Intellectual Property 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-reportedGeneral carrier-selection FAQ, not specific to this line's placements.

Founder Shield targets IP coverage at companies holding one or more patents, businesses vulnerable to competitor infringement claims, and companies at risk of accidentally infringing another party's IP. ¹Company-reportedIntellectual Property Insurance product page.

Founder Shield describes two components: defense coverage (legal costs and judgments if the policyholder is accused of infringement) and enforcement coverage (funding, with underwriter approval, to sue an infringer and recoup lost income). ¹Company-reportedProduct page; the issued policy and declarations control actual coverage.

You request Founder Shield Intellectual Property 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-reportedAbout-us and carrier-selection pages describe the general placement process, not a line-specific application form.