Nonprofits Insurance Alliance (NIA) Named Best Overall Insurance Provider for Nonprofits by Investopedia
June 7, 2021
SANTA CRUZ, Calif.–(BUSINESS WIRE)–More than 21,000 nonprofits know why Investopedia named their insurance provider, Nonprofits Insurance Alliance (NIA), Best Overall in its most current rating of insurance providers for nonprofit organizations. In its recognition Investopedia said, “The Nonprofits Insurance Alliance works exclusively with nonprofit organizations, and their team of specialists can help you secure the best policy based on your organizational and industry needs. This experience, when paired with their policy options and resources, make NIA the best overall nonprofit insurance provider.”
Investopedia specifically recognized NIA policy options and coverages, high customer retention, and member resources that “help businesses minimize liability risks by providing training, education, and other types of support.”
Risk Retention for the Win
April 27, 2021
By A. Ren Agarwal and Brian Johnson for Rough Notes
Is the concept of a risk retention group (RRG) scarier than the concept of blockchain or bitcoin? It shouldn’t be, because it’s a proven option for many insureds, especially nonprofits.
Done right, risk retention can be a salvation for those industries and organizations that are saddled with hard-to-place risks.
Nonprofit Insurer Pays $3 Million In Dividends
April 19, 2021
Nonprofits Insurance Alliance (NIA) approved a $3-million dividend for policy holders, the 15th consecutive year that a dividend was declared. Dividends to nonprofit members have now eclipsed $50 million since 2007.
California Insurer Announces 15th Consecutive Dividend for Policyholders
April 15, 2021
SANTA CRUZ, Calif.–(BUSINESS WIRE)–Nonprofits Insurance Alliance (NIA) today announced that the board of directors of Nonprofits Insurance Alliance of California (NIAC), an insurer under the NIA brand, has approved a $3 million dividend for policyholders (members). Since 2007, NIAC has cumulatively returned $50 million in dividends to its members, all of whom are 501(c)(3) nonprofits.
Nonprofit Alliance Launches COVID, Communicable Disease Coverage
April 12, 2021
By: NonProfit Times Insurance policies all have exclusions from coverage. Nonprofit executives found out the hard way that despite buying every available coverage, COVID-19 or other such events were out of the coverage area. …NIA launched its coverage at the beginning of this year, when insurance companies and reinsurers began excluding communicable disease coverage from their policies.