How to Handle Nonprofit Risk Management

Nonprofits differ from for-profit organizations in several ways – some more subtle than others. Yet all businesses are exposed to a number of risks. Every business, no matter its aims, has a unique risk profile. Unlike their for-profit counterparts, many nonprofits lack the appropriate degree of risk management. In fact, less than a quarter of […]

Critical Strategies and Avoidable Pitfalls in Nonprofit Insurance Coverages

Nonprofits need insurance as part of their risk management strategy. However, buying insurance is not as simple as many organizations think. Nonprofits need to consider the risks specific to their mission and environment. Speaking with a knowledgeable insurance agent will help, but it is good to know some basics before beginning the insurance process. The […]