Categories: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Insurance for Cyber Losses
Cyber insurance protects against damages to computers and computer systems caused by human error or as a result of malicious attacks and crimes, including fraud, unauthorized access, theft of customer information and Web site sabotage. Loss of income from the...
Topics: Data Privacy, Tech Risk, Cybersecurity, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Insurance for Cyber Risks
Today’s nonprofit leaders are aware that dependence on data, software, systems and tech vendors brings untold benefits as well as potential downside risks. From the impact of data loss to claims alleging the failure to safeguard personal information, a nonprofit’s...
Topics: Data Privacy, Tech Risk, Cybersecurity, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Insurance for Volunteer Programs
The following article is excerpted from Chapter 9 of No Surprises: Harmonizing Risk & Reward in Volunteer Management, 3rd Edition. Claims Against the Volunteer Fear of incurring personal liability for volunteer service isn’t uncommon among the estimated 90 million Americans who...
Topics: Insurance and Risk Financing, Volunteer Risk Management
December 2, 2016
Resource Type: Articles
Is a BOP Right for Me?
Most nonprofit organizations struggle with their insurance program. What policies, coverages, limits and deductibles should we buy? How much will it cost? Are we protecting our assets and people adequately? With incorrect choices, you can be insurance-rich but coverage-poor; therefore,...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Riding Out the Hard Insurance Market
What Your Nonprofit Can Do to Survive and Thrive in Deteriorating Market Conditions Across the country nonprofit managers are expressing dismay and frustration about deteriorating insurance market conditions. Having enjoyed a long period of “soft” market conditions, where insurers were...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Risk eNews
The Weather Outside is Frightful
And shivering at work is not delightful. Here in Leesburg, VA, we are experiencing bone-deep cold weather and shocking gusts of wind. Though weather is part of our unpredictable, uncontrollable context, we can resolve to be better prepared for cold...
Topics: HR Risk and Employment Practices, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Protecting Your Nonprofit and the Board
New Book on Nonprofit D&O Insurance Suggests Multi-Faceted Strategy The Nonprofit Risk Management Center offers a comprehensive text on insurance for nonprofits, Coverage, Claims and Consequences, that includes a chapter addressing Directors and Officer’s Liability Insurance. The chapter is available for...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Professional Liability and Governance Exposures: A Closer Look
Of the myriad of exposures encountered by nonprofit organizations, two are frequently unappreciated and confused: exposures resulting from the consequences of corporate governance and exposures resulting from errors and omissions associated with the delivery of professional and paraprofessional services. The...
Topics: Governance, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Four Quick Tips to Understand Commercial Insurance Policies
1. Take Advantage of Electronic Formats — Many insurance companies now issue policies in an electronic format with headings that can be clicked on to zero in on a particular policy section or particular endorsement. This makes it much easier to...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Love Those Deductibles!
Love? Shouldn’t it be “Hate Those Deductibles?” — those devilish clauses in many property and liability insurance policies that make us as insureds pay the first part of almost every loss? Isn’t it because of deductibles that insurance never seems...
Topics: Insurance and Risk Financing