Insurance for Nonprofit Organizations
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 D&O 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
Our Industry Expertise
Travelers knows nonprofit organizations and has coverage that has been crafted with the flexibility to respond to standalone coverage needs or as one seamless policy suite of coverages. Travelers Wrap+® offers a diverse range of coverages that can protect against management liability risks including exposures faced by directors, officers, managers, and business entities that arise from governance, finance, benefits, cyber crime and management activities.With local underwriting and claim services Travelers understands the unique risks and needs of nonprofit organizations and the importance of protecting your mission.
Select a Product:
Employment Practices Liability Insurance
ERISA Fidelity Insurance
Errors & Omissions Insurance
Fidelity & Crime Insurance
Fiduciary Liability Insurance
Kidnap & Ransom Insurance
Identity Fraud Expense Reimbursement Insurance
Nonprofit Directors & Officers Liability Insurance