Foundershield vs Newfront: Commercial Crime Insurance

Newfront brokers crime via a consultation request for private companies from seed round through every funding series; Founder Shield, a retail brokerage, calls crime a priority for healthcare, financial services, nonprofit and manufacturing or retail firms.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-09-25

Founder Shield targets healthcare, finance, nonprofits and manufacturing or retail and lists four crime agreements; Newfront serves private companies from seed stage and 500+ public companies but leaves crime wording unspecified.

Sources consulted

  1. 01
    Commercial Insurance Guide

    California Department of Insurance · Crime · accessed 2026-09-16

  2. 02
    Social Engineering Fraud Insurance

    Chubb · Opening; coverage highlights · accessed 2026-09-16

  3. 03
    About Us

    Founder Shield · “Founder Shield is the innovation arm of The Baldwin Group”; company history and mission · accessed 2026-09-23

  4. 04
    Crime Insurance

    Founder Shield · What Is Crime Insurance?; Who Needs Crime Insurance Coverage?; What Does Crime Insurance Cover? · accessed 2026-09-23

  5. 05
    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

  6. 06
    Executive Risk

    Newfront · Key Coverages to Protect Your Business: Fidelity and Crime; Here for the Long Run: Private Companies and Public statistics; Industry-Leading Technology · accessed 2026-09-23

  7. 07
    Crime Terms and Conditions

    The Travelers Companies, Inc. · I.A–G, printed/PDF pages 1–4; III.RR, printed/PDF p.13; V.B.1–2, printed/PDF pp.18–20; Consideration, printed/PDF p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; I.A.3 p.1; III.C p.7; III.S pp.8–9; III.II and III.KK p.12; III.QQ p.13; V.A.5 pp.17–18 (printed/PDF pages); IV.J–O, printed/PDF pages 14–15 · accessed 2026-09-16

  8. 08
    Crime Non-Financial Applications and Forms

    Travelers · Opening paragraph; Sample Policy Forms · accessed 2026-09-16

  9. 09
    Commercial Crime Coverage Application

    Travelers Casualty and Surety Company of America · I–III pages 1–2; IX–XI pages 3–4; V–VII, printed/PDF pages 2–3 · accessed 2026-09-16

What Are the Key Differences Between Founder Shield and Newfront Crime Insurance?

If you need employee theft, computer fraud or funds-transfer language, Founder Shield lists those agreements; Newfront groups crime with fidelity on its Executive Risk page. Newfront does describe a 24/7 policy dashboard and integrated claims negotiation across that practice. [4] [6]

Four Named Branches Versus a Bundled Line Item

Founder Shield lists employee dishonesty by an identified employee, forgery or alteration, computer fraud, and funds-transfer fraud from social engineering. Newfront lists Fidelity and Crime as one Executive Risk Key Coverages entry and does not separately describe those insuring agreements on the reviewed page. Both broker rather than underwrite. [4] [3] [6]

Carrier Rule Versus Servicing Dashboard

Founder Shield says it places policies only with A-rated AM Best carriers matched to industry. Newfront’s Executive Risk page does not name crime insurers; it says clients get 24/7 access to policies, certificates and billing through a connected dashboard, renewals using pre-populated historical data, and integrated claims and coverage negotiation. [5] [6]

Industry List Versus Funding Stage

Founder Shield names healthcare, financial services, non-profits and manufacturing/retail. Newfront says Executive Risk services private companies from seed through every funding series and describes work with over 500 publicly traded companies. Both start with a website or advisor/consultation request rather than an online bind. [4] [3] [6]

What Should You Confirm in Founder Shield and Newfront Crime Insurance Quotes?

  • Ask Newfront which crime insuring agreements are on the Fidelity and Crime placement. [6]
  • Ask Founder Shield which A-rated carrier is issuing. [5]
  • Confirm whether Newfront’s dashboard and claims negotiation apply to crime. [6]
  • Compare public-company eligibility on Newfront with Founder Shield’s industry-priority list. [6] [4]

Crime coverage

Founder Shield

  • role: Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Crime Insurance with third-party carriers rather than underwriting the policy itself. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.company-reportedSource ↗
  • eligibility: Founder Shield calls this coverage a priority for healthcare, financial services, non-profit and manufacturing/retail companies because of their exposure to internal or external theft. Crime Insurance product page.company-reportedSource ↗
  • coverage: Founder Shield lists employee dishonesty (theft or embezzlement by an identified employee), forgery or alteration of financial instruments, computer fraud, and funds-transfer fraud from social engineering as the branches of crime coverage it places. Product page; the issued policy and declarations control actual coverage.company-reportedSource ↗
  • insurer: Founder Shield says it places policies, including Founder Shield Crime 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. General carrier-selection FAQ, not specific to this line's placements.company-reportedSource ↗
  • application: You request Founder Shield Crime 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. About-us and carrier-selection pages describe the general placement process, not a line-specific application form.company-reportedSource ↗Source ↗

Newfront

  • role: Newfront brokers crime coverage as part of its Executive Risk practice, which it groups with fidelity coverage under one Key Coverages entry. It negotiates placement rather than underwriting the risk. Executive Risk offering page; crime and fidelity are listed together, not as separately described products.company-reportedSource ↗
  • insurer: The reviewed Executive Risk page does not name the insurer or insurers that would issue a crime policy placed through Newfront. Executive Risk page as read on 2026-09-23; carrier depends on the specific placement.not-disclosedSource ↗
  • eligibility: Newfront says its Executive Risk practice services private companies from seed round through every series of funding, and describes work with over 500 publicly traded companies, without a crime-specific eligibility threshold. Here for the Long Run section; figures describe the executive-risk practice broadly, not crime coverage specifically.company-reportedSource ↗
  • coverage: Newfront lists "Fidelity and Crime" among the Key Coverages of its Executive Risk program. The page does not separately describe crime-specific insuring agreements such as employee theft, computer fraud or funds-transfer fraud. Executive Risk page Key Coverages list; crime and fidelity are bundled in one line item.company-reportedSource ↗
  • limits: Newfront's Executive Risk page does not publish limits or retentions for crime coverage. Executive Risk page as read on 2026-09-23.not-disclosedSource ↗
  • services: Newfront says clients get 24/7 access to their insurance program, including policies, certificates of insurance and billing, through its connected dashboard, and that renewal submissions use pre-populated historical data. Industry-Leading Technology section; described across Executive Risk lines, not crime-specific.company-reportedSource ↗
  • application: You start a crime coverage placement by requesting a consultation through Newfront's Executive Risk page. Executive Risk page call-to-action; no online quoting or binding described.company-reportedSource ↗
  • claims: Newfront says it provides "integrated claims and coverage negotiation" for its Executive Risk lines, which would apply to a crime claim. The Newfront Difference section; described across Executive Risk lines, not a crime-specific claims workflow.company-reportedSource ↗

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