Non Profit D & O Insurance

It has been a matter of some debate whether non-profit organizations should get D&O insurance. In fact, there is no standard advice to offer on this – the requirement of D&O insurance for a non-profit organization depends on the nature of the organization, the kind of work it does, its scale of operation, and the likelihood of a lawsuit other than property damage and bodily injury.

However, all non-profit organizations really need to do their homework before making a decision. Most importantly, they must be aware that lawsuits against directors and officers relating to misconduct, mismanagement of funds or negligence can be extremely time-consuming and very expensive. Even if the claims against the director or officer eventually turn out to be untrue, a lot of money has already been lost in the legal process.

If your client, a non-profit organization, has decided that it needs D&O insurance, Adco General is the right place for you to consult. We give our producers access to a wide market for non-profit D&O insurance policies, and critical advice based on their clients’ needs that should point them to the right carrier. What’s more, we only deal with A++ carriers, thus ensuring that your client’s investment in a D&O insurance policy is secure.

Our region of specialization is Colorado and the Rocky Mountains, where we have over forty years of experience. However, we are also able to advise you nationally as far as non-profit D&O insurance is concerned.

To get a quote for a non-profit D&O insurance policy, please contact any of our brokers or underwriters. We also welcome you to email us for any further information about our services.