• Myths about Insurance for Nonprofits

    Myths about Insurance for Nonprofits

    If you oversee a nonprofit organization, it’s crucial that you work with an insurance company in New York City that specializes in providing insurance coverage for nonprofits . There are a lot of myths surrounding insurance and nonprofits, many of which are commonly accepted despite the prevailing evidence against such misinformation. One of the most […]

  • Selecting Your Nonprofit Board Members

    Board members are tasked with overseeing the continued success of an organization. These individuals are particularly crucial to nonprofit organizations, which typically operate on a smaller budget and do not have as steady income streams as for-profit companies. When selecting board members, try to find individuals who will fit best within the organization and bring […]

  • Understanding D&O Insurance Exclusions

    Understanding D&O Insurance Exclusions

    Like the officers and directors of for-profit companies, the officers and directors of non-profit organizations have fiduciary responsibilities. This means that non-profit board members may be required to defend themselves against claims of wrongful or tortious conduct, and may also face substantial liability exposure. D&O insurance in New York City can certainly limit the risk […]

  • What Kind of Cases Can D&O Insurance Protect Against?

    Property insurance can protect your nonprofit organization should you experience a fire flood, or other natural disaster. General liability insurance is key if a volunteer trips and suffers a fracture at your offices. D&O insurance may prove invaluable for a wider range of unanticipated events, such as the following scenarios. If you do not currently […]

  • D&O Insurance 101

    Breaking Down D&O Insurance [INFOGRAPHIC]

    Most non-profit companies have general liability insurance, but many don’t know that this kind of insurance still leaves them vulnerable. Without directors’ and officers’ liability insurance, or D&O insurance, company directors and officers can be personally sued and held liable in lawsuits against the non-profit. There is a long list of reasons why directors and […]