Nonprofit organizations work hard to take care of the vulnerable in our communities and need to make sure they have insurance protection that takes care of them. Leaders of these organizations often have multiple roles, which means they also have multiple risks.
What should nonprofits consider when choosing insurance protection?
While the mission of nonprofits is to do good in the communities they serve, threats from rogue volunteers to cyber hackers can stop that. Nonprofits need to work with insurance professionals who understand the wide range of these exposures.
Coverage considerations include:
- Protection for everyone who serves the organization from executive management to part-time volunteers.
- Property coverage that allows for the addition of locations.
- Coverage for the unexpected, from accidents to cyber threats to client abuse.
Offering industry-leading coverage to social service agencies and nonprofit organizations to help protect those who improve our community.
Provides protection against the variety of risks associated with accidental injuries during an organization’s sponsored activities and events, in selected specialty markets.
Offering a specialized facility for D&O Liability and related professional liability coverages, including Fiduciary Liability and Employment Practices Liability, as well as Cyber Liability.
U.S. federal law allows 501(c)(3) nonprofit employers, public entities and native tribes to opt out of paying unemployment taxes into its state unemployment insurance pool.
Offers specialized insurance solutions to clients with monoline property and inland marine coverage needs in a variety of industries.
Specializes in Cyber Risk Insurance for small and medium enterprises (under $250M in revenues). Products can be written admitted in 48 states, surplus lines in 50 states.
A leader in the development of long-term captive partnerships with agents, associations and groups; non-captive businesses include Elite Program and Cyber Risk.
Specializes in the placement of hull, liability and excess liability across a wide array of aviation-related risks.
Writes a wide range of surety products, including standard contract surety, commercial surety and miscellaneous non-contract surety and small fidelity bonds.
Offers an exclusive focus on environmental insurance solutions for a wide variety of commercial customers.
Specializes in providing fidelity/crime insurance for commercial entities, financial institutions and government entities; also offers specialized products including kidnap, ransom and extortion, as well as armored care and fine art.
Specializes in providing umbrella and capacity excess products as well as primary casualty products and miscellaneous E&O that meet the needs of the commercial market.
Great American Risk Solutions provides industry leading non-admitted property and casualty products to the wholesale brokerage market. Our staff brings decades of experience in product development, claims handling, underwriting and service.
Products include Representations & Warranties (R&W) insurance, Tax Indemnity Insurance and Tax Credit Insurance.
Specializes in coverages for the marine industry, including traditional cargo, hull and liability coverages as well as pollution and complete packages combining marine property and casualty.
Offering flexible coverage options for the On-Demand Workforce, including Occupational Accident, Contingent Liability, Workers’ Compensation and Auto Physical Damage.
Monoline specialist offering workers' compensation policies throughout the Western U.S.
Offers long-term solution for clients’ workers’ compensation needs by providing the resources and expertise to reduce both losses and related expenses.
A monoline provider of workers' compensation products and services primarily in the southeastern United States.