MANAGEMENT LIABILITY

Non-Profit Directors & Officers Liability

Monarch E&S is proud to offer executive, professional and cyber liability coverage through our sister company, CSRisks. CSRisks is a leading executive, professional and cyber liability wholesale insurance brokerage. Their knowledgeable experts provide analytical capabilities, a consultative approach and expert insurance broking services. With access to over 30 A rated insurance carriers, both admitted and non-admitted, their specialization means they quickly provide the cost-effective coverage and analysis retail agents rely on.

What is Directors and Officers Insurance for Non-profit Organizations?

D&O liability insurance protects individual directors and officers from personal losses if they are sued for alleged wrongful acts while managing the nonprofit organization. This insurance also protects the entity or nonprofit itself, covering legal fees, settlements, and other costs associated with defending against such claims. This coverage ensures that the personal assets of directors and officers are protected against claims that arise from decisions and actions made within the scope of their regular duties.

Which Employees in Non-profit Organizations Need D&O Insurance?

Directors and officers’ liability insurance is a versatile policy type that caters to a wide range of organizations. From for-profit businesses and privately held firms to not-for-profit organizations and educational institutions, the spectrum of entities that can benefit from D&O insurance is broad.

Why Do Non-profits Need D&O Insurance?

Leaders in these organizations may not be dealing with the pressures of profit-driven businesses, but they still face legal responsibilities and the potential for lawsuits. The protection offered by D&O insurance ensures that these organizations can attract and retain qualified individuals, who might otherwise be reluctant to serve due to the potential personal financial risks.

(D&O) Liability Insurance with CSRisks

Coverage Eligibility

Associations
Chambers of Commerce
Foundations
Unions
Social Services Agencies

Policy Highlights

Non-Profit D&O policies are usually broader than For-Profit, and must be handled on an individual basis to cover a non-profit’s specific risk exposures.

Coverage for:

Duty to Defend
Broad Definition of Insured
EPLI

Optional Coverage Enhancements

Punitive & Exemplary Damages
Defense Costs in addition to Limits of Liability
Third Party & Class Action Coverage for EPLI Claims
Mental Anguish & Emotional Distress for EPLI Claims

Talk to Our Experts

Amanda Sedliak, CIC, President, Capitol Special Risks

Alison Green, Director of Brokerage, Capitol Special Risks

Mike Morales, Senior Vice President, Specialty Wholesale Insurance Solutions