Non-Profit Insurance

March 15, 2019

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Charitable organizations, community foundations, cultural institutions, social service agencies, museums, professional organizations and other nonprofits often focus steadfastly on advancing their core mission, whether it’s to serve the community, promote the arts or advanced education but that very mission can be at risk if nonprofits do not take steps to protect their organizations from liabilities that could be costly.

Nonprofit organizations and their leaders juggle enormous and varied responsibilities each day - from managing tight budgets to engaging volunteers and donors to fulfilling the organization's mission.  Since so many nonprofits are singularly focused on a particular cause, organizations often neglect to identify and protect against risks that could leave the organization and its board members and officers exposed.  
Just as any business or organization have risks associated with employees, board members, data or fraud nonprofit organizations of all sizes are not immune.  Claims and threats of litigation can be from vendors, donors, competitors, employees and even government regulators.  In fact nonprofit organizations file twice as many Director & Officer claims than public and private companies*, 85% of claims filed are employment related* and every nonprofit organization is at risk of a data breach as they keep and maintain donor financial files, employee records, client data, and even volunteer data.

*Towers Watson Directors & Officers Liability Survey

Directors & Officers (D&O) Liability insurance helps cover defense costs and damages (awards and settlements) arising out of wrongful act allegations and lawsuits brought against an organization's board of directors and/or officers. These types of claims have become increasingly common and directors and officers themselves could be held personally liable. To attract and retain qualified executives and board members it's crucial to have the right liability coverages.


Keeping you protected.




All Access Insurance in Littleton, CO,  who represents multiple insurance companies as a “Broker” and provides products for auto, home,  commercial, workers compensation, and much more! Call us today for a free quote at (303) 932-1700.