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*Available on a non-admitted basis in AK, MO & WA
**Available as coverage part or via endorsement
Download Non-Profit Management Liability coverage highlights sheet
Victor's Non-profit Management Liability program provides six coverage parts in a streamlined format:
Directors & Officers Liability
Directors & Officers Liability insurance protects directors, officers, and the entity from claims made against them while serving on a board of directors and/or as an officer for a non-profit organization. Claims can include breach of trust, breach of duty, breach of bylaws and much more.
Employment Practices Liability
Employment Practices Liability protects employees, volunteers, committee members, trustees and the entity from wrongful acts that arise from the employment process. The most frequent types of claims covered under such policies include wrongful termination, discrimination, harassment, and retaliation.
Fiduciary Liability
Fiduciary Liability protects non-profit organizations and the employees that make decisions about a company's retirement plan, investment options, employee benefits plan and other fiduciary responsibilities from claims arising out of improper investments, insufficient funding, or breach of fiduciary duties of which they can be held personally responsible.
Crime
Crime coverage protects non-profit organizations from criminal activity including employee theft, forgery and alteration, inside the premises loss, counterfeit money, computer crime, funds transfer fraud, the use of company computers to fraudulently transfer funds and much more.
Employed Lawyers Liability
Employed Lawyers Liability provides coverage for the acts of attorneys who work for corporations when acting in a licensed attorney capacity.
Kidnap & Ransom
Kidnap & Ransom coverage provides protection and guidance for directors, officers, and employees involved in kidnappings, extortion, detention, hijack, ransom, transit, etc. Coverage includes reimbursment for costs associated with the event, ransom costs, crisis response fees, and access to a leading crisis response firm to assist policyholders, should an event occur.
Claims examples:
To help you and your clients understand and overcome risks, Victor Risk Advisory offers rock-solid industry insights, risk mitigation resources and much more.
Contact the non-profit management liability team directly at managementliability.us@victorinsurance.com or connect with your business development contact.
The following steps are intended to help you, the insured, notify Everest Insurance if a claim is made against you:
If you become aware of a specific wrongful act during the policy period, then see Section III of your General Terms and Conditions for complete information on notifying us of a potential claim.
Report notice of a claim or potential claim to:
Everest Insurance
Nonprofit Management Liability Claims
Warren Corporate Center
100 Everest Way
Warren, New Jersey 07059
T: +1 (866) 323-4501
All other notices:
The world is changing at an unprecedented pace. And complex new risks are emerging every year.
To help you understand and overcome these challenges, Victor Risk Advisory offers rock-solid industry insights, risk mitigation resources and much more.
Our wide range of solutions provides protection on more fronts. No matter how complex, no matter the scale, we strive to leave no stone unturned in covering our clients.
