Annual Report

View our 2015 Annual Report online publication

Download a PDF version

Audited Financials

2015 Nonprofits Insurance Alliance Group Audited Financials

2015 ANI Audited Financials

2015 NIAC Audited Financials

2015 NANI Audited Financials

A.M. Best Rating

All companies in the Nonprofits Insurance Alliance Group are rated A VIII (Excellent) by A.M. Best.


NIAC was founded in 1989 as a liability insurance pool, owned and operated by its nonprofit members. NIAC was originally capitalized with $1.3 million in loans from the following foundations:

ANI and an affiliate captive reinsurance company were capitalized with $10 million from two foundations. Each of the following foundations contributed a $5 million grant to the effort.


The Nonprofits Insurance Alliance Group is conservatively reinsured by a group of highly rated reinsurers.

Dividend Plans

We are required to maintain financial resources at levels that meet the obligations we have made in our insurance contracts with our members. But we have the privilege of sharing better than expected financial outcomes with our members!

Over the past ten years, NIAC has declared $36.2 million in dividends for its nonprofit members in California. ANI is not yet of a sufficient size to begin paying dividends, but ANI members are already earning loyalty credits toward potential future dividends.

While it is not likely that every year will warrant a dividend, it is our pleasure to announce them when results are better than anticipated.

View the NIAC Dividend Plan

View the ANI Dividend Plan


View the ANI Bylaws

View the NIAC Bylaws