Nonprofit organizations are the unsung heroes of our communities, tackling society’s biggest challenges and providing essential services. However, running a nonprofit comes with unique operational, financial, and legal hurdles that for-profit businesses don’t face. One significant challenge is finding the right insurance coverage. The Unique Risk...
Leveraging Risk Management Resources for Nonprofit Organizations
Nonprofit organizations play a pivotal role in our society, addressing crucial issues ranging from social welfare to environmental conservation. However, managing a nonprofit involves navigating a maze of risks that can threaten its mission, resources, and public trust. Effective risk management for nonprofits is not just about protection. It...
Navigating New Horizons: Future Challenges for Nonprofits
The nonprofit sector is constantly evolving, and with this evolution comes many new challenges. From embracing digital transformation to navigating increased regulatory pressures and adopting innovative insurance solutions, nonprofit organizations must stay agile and proactive. As their agent, you can help them prepare for the future. Be the...
Nonprofit Sector Growth Underscores Need for Specialized Insurance
The American nonprofit sector has grown an astounding 33% over the past 15 years — faster than any other segment in the economy. Although the private for-profit sector continues to employ the largest number of individuals across the country, the nonprofit sector holds the number two spot — ahead of federal, local, and state governments. In...