What Does Fiduciary Liability Insurance from Founder Shield Cover?
Founder Shield, a retail insurance brokerage, places fiduciary liability insurance for 401(k) plan sponsors and the fiduciaries who handle plan funds.
Founder Shield Fiduciary Liability Insurance · Updated
What Is Founder Shield’s Role in Fiduciary Liability Insurance?
Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Fiduciary Liability Insurance with third-party carriers rather than underwriting the policy itself. 2
Company-reported.About-us page; applies to Founder Shield's brokerage model generally, restated here for this line.
Who Issues Founder Shield Fiduciary Liability Insurance?
Founder Shield says it places policies, including Founder Shield Fiduciary Liability 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. 3
Company-reported.General carrier-selection FAQ, not specific to this line's placements.
Who Is Founder Shield Fiduciary Liability Insurance For?
Founder Shield markets fiduciary liability to plan sponsors offering a 401(k) or similar plan and to the individual fiduciaries who handle plan funds or property. 1
Company-reported.Fiduciary Liability product page.
Coverage Features of Founder Shield Fiduciary Liability Insurance
Founder Shield lists claims of risky plan investments, poor investment advice, administrative errors in benefits processing, and improper denial or change of benefits as scenarios fiduciary liability responds to. 1
Company-reported.Product page; the issued policy and declarations control actual coverage.
Founder Shield distinguishes fiduciary liability from D&O and general liability: it responds to breach-of-fiduciary-duty claims tied to ERISA plan administration, not general management or bodily-injury claims. 1
Company-reported.Fiduciary Liability product page.
How Do You Apply for Founder Shield Fiduciary Liability Insurance?
You request Founder Shield Fiduciary Liability 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. 2,3
Company-reported.About-us and carrier-selection pages describe the general placement process, not a line-specific application form.
Founder Shield Fiduciary Liability Insurance Compared
Other Coverage Lines Documented for Founder Shield
Sources for Founder Shield Fiduciary Liability Insurance
- Fiduciary Liability Insurance. Founder Shield; What Is Fiduciary Liability Insurance?; Who Needs Fiduciary Liability Insurance Coverage?; What Does Fiduciary Liability Insurance Cover? Accessed 2026-09-23.
- About Us. Founder Shield; “Founder Shield is the innovation arm of The Baldwin Group”; company history and mission. Accessed 2026-09-23.
- 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.