What Are the Key Differences Between Founder Shield and The Hartford Crime Insurance?
The Hartford explicitly names public companies and nonprofits for its Private Choice Premier crime option; financial institutions have a separate bond and commercial-crime track. Founder Shield’s page instead emphasizes sector fit and four coverage branches. [6] [4]
Brokered Placement Versus Package Option
Founder Shield places crime with third-party carriers rated A- or better by AM Best, chosen for the client’s industry, and does not underwrite. The Hartford’s crime insurance is one of five options in Private Choice Premier and is also offered as bond and commercial crime (fidelity) in a financial-institutions product track. [5] [3] [6]
How Each Describes Covered Acts
Founder Shield lists employee dishonesty by an identified employee, forgery or alteration, computer fraud, and funds-transfer fraud from social engineering. The Hartford says crime helps cover business-related crimes like employee theft, forgery or robbery, with a cash-register theft example. [4] [6]
What Should You Confirm in Founder Shield and The Hartford Crime Insurance Quotes?
- Ask The Hartford whether crime is inside Private Choice Premier or the financial-institutions fidelity track. [6]
- Ask Founder Shield which A-rated carrier is issuing. [5]
- Compare social-engineering funds-transfer on Founder Shield’s list with The Hartford bound policy. [4] [6]
- Confirm whether robbery (Hartford’s example) and identified-employee dishonesty (Founder Shield) appear on each policy. [6] [4]
- Ask whether Founder Shield’s healthcare, financial services, non-profit and manufacturing/retail priority, or The Hartford’s nonprofit, public and private lineup, is the book on your quote. [4] [6]