Coalition Announces Executive Risks Offering for Nonprofits

IJ - May 8, 2023 - Coalition today said it launched a version of its Executive Risks Insurance products designed for not-for-profit organizations. 

Coalition’s Executive Risks insurance for not-for-profits combines automated underwriting data collection and real-time analysis with a streamlined application process compared to the industry standard for Executive Risks applications.

“Not-for-profits need to focus on their day-to-day operations to fulfill their mission. They may not have the time or resources to address management liability issues,” said Patrick Mitchell, Coalition’s Executive Risks Lead. “Coalition’s robust suite of risk management solutions adds complementary services, including a hotline for pre-claim issues, training for employees and boards of directors, handbook builders, and more.”

Not-for-profit organizations often face unique management liability claims, including those related to the misuse of funds, compensation issues, excess benefit transactions, and potential antitrust law violations, including the Sherman Antitrust Act.

Starting today, these organizations and their leaders can access A+ rated coverage for all of Coalition’s existing Executive Risks product lines—Directors & Officers (D&O) Insurance, Employment Practices Liability (EPL) Insurance, Fiduciary Liability Insurance, and Crime Insurance via our carrier. For brokers, Coalition’s quoting experience for not-for-profit organizations is highly convenient, allowing brokers to bundle all of Coalition’s Executive Risks insurance products and generate a bindable quote in minutes.