More than 27,000 nonprofits know why Investopedia has named Nonprofits Insurance Alliance (NIA) the “Best Overall” nonprofit insurance provider. NIA has held this honor for four consecutive years since Investopedia began providing the title in 2021.
In a release, Investopedia stated: “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 lauded NIA’s 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.”
“As a nonprofit ourselves, our mission is to support the nonprofit sector, and we do that by providing coverages and services that protect nonprofits and allow them to focus on the communities they serve,” said Pamela Davis, NIA’s founder, president, and CEO. “I am delighted that NIA is recognized as the premier insurance provider for the nonprofit sector.”
NIA has a proven history of providing 501(c)(3) nonprofits with stable and affordable coverage, as evidenced by its A (Excellent) rating by AM Best — an insurance industry benchmark, based on a thorough evaluation of NIA’s balance sheet strength, operating performance, and business profile.
Investopedia Methodology
For their analysis, Investopedia first seeks out organizations that specialize in coverage for nonprofit groups and organizations. They then review the providers’ coverage options, industries served, customer reviews, and — when available — premiums and limits.
They also consider the amount of time a provider has been in business, as well as their AM Best rating. This is done to ensure that the providers have a history of providing quality service and reliable coverage.
To learn more about Investopedia’s methodology and to review all insurance companies included in their review, visit: https://www.investopedia.com/best-nonprofit-insurance-5186193.
About Nonprofits Insurance Alliance
Nonprofits Insurance Alliance (NIA) is the nation’s leading property and casualty insurer exclusively serving nonprofit organizations.
Founded in 1989 in Santa Cruz, California, NIA is a social enterprise developing the long-term sustainability of the nonprofit sector. NIA has one of the best customer retention rates in the industry.
NIA insures nonprofits in 32 states and the District of Columbia through more than 1,000 independent brokers.
NIA members enjoy fair and equitable insurance, specialized coverage, and innovative risk management and member services.
The NIA group brand is comprised of Alliance Member Services (AMS) and three AM Best A (Excellent) rated insurers:
- Nonprofits Insurance Alliance of California (NIAC)
- Alliance of Nonprofits for Insurance, RRG (ANI)
- National Alliance of Nonprofits for Insurance (NANI)
All organizations under the NIA brand are 501(c)(3) nonprofits. Learn more about Nonprofits Insurance Alliance at insurancefornonprofits.org/about.
