What Are the Key Differences Between Founder Shield and Newfront Fidelity Bonds?
Plan-Asset Bond or Executive Risk Coverage
Founder Shield places ERISA fidelity bonds for plan sponsors, fiduciaries and TPAs. Newfront groups Fidelity and Crime under Executive Risk for private companies from seed stage through later funding and public companies. Choose Founder Shield if you need a bond for employee-benefit plan assets; choose Newfront if you want fidelity considered alongside broader executive-risk coverage. [2] [5]
Stated Buyers
Founder Shield names plan sponsors, fiduciaries, TPAs and small businesses with a 401(k). Newfront describes Executive Risk work from seed-stage private companies through later funding and with over 500 publicly traded companies, without a fidelity-specific eligibility threshold. [2] [5]
Limits, Servicing and Intake
Founder Shield restates ERISA’s 10% / $1,000–$500,000 (up to $1 million with employer securities) rule and lists the dishonest acts the bond is meant to cover. Newfront’s page does not publish fidelity limits or separately describe those insuring agreements; it offers 24/7 dashboard access to policies and certificates, pre-populated renewal data, and integrated claims and coverage negotiation. Founder Shield intake is a website or advisor request; Newfront starts with an Executive Risk consultation. [2] [5]
What Should You Confirm in Founder Shield and Newfront Fidelity Bonds Quotes?
- Ask Founder Shield for the issuing A-rated carrier and the penalty versus plan assets. [3] [2]
- Ask Newfront whether Fidelity and Crime on the quote is an ERISA bond, a commercial crime form, or both. [5]
- Compare covered persons and discovery periods; Newfront’s page does not list them. [2] [5]
- Ask Newfront how dashboard access and claims negotiation would apply to a fidelity loss. [5]