Whether an individual is sitting on the board of a local nonprofit entity, a mid-sized private firm or a large Fortune 500 company, Directors and Officers Liability insurance (D&O) is an important consideration for both individual executives and the company. At its most basic level, D&O coverage is intended to…
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Vulnerabilities and opportunities of risk are topics that worry most organizations. Understanding the risks your nonprofit faces also means understanding the necessary measures needed to prevent those risks from happening. From insurance coverage to internal controls, there are effective steps to put in place to ensure you are protecting your…
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WATCH FULL WEBCAST (Password: Mission1!) The impact the pandemic has had on nonprofit organizations is significant. With the rollout of the COVID-19 vaccine underway, it is time to start planning for the return to pre-COVID working conditions. This webinar will address many of challenges that non-profits will likely face as…
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Employment practice lawsuits can prove to be damaging financially and to a business’s reputation, no matter the size. According to the EEOC, there have been a record number of filings in 2017 and the average cost of employment practice claims has increased dramatically over the past ten years, with claims…
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Many Directors and Officers of private companies and non-profit organizations understand the importance of D&O insurance to protect their personal assets, as well as the entity’s balance sheet. Yet, many fail to take the time to understand important exclusions that are embedded in the policy. One such exclusion: professional services…
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Accepting the invitation to join a board of directors for a non-profit organization can be a great honor, but the role also carries many responsibilities. Before you agree to accept a board seat, be sure that you understand the roles, risks and responsibilities involved. 1.) What are the expectations of your role…
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