The appetite of some for-profit commercial carriers change from time to time for financial reasons. The bottom line can be tough to manage if you’re not prepared to insure a class of business for the long-term.
Brokers know that we are steadfast in our commitment to serving nonprofits and that means being a market for a broad class of nonprofits. Our appetite for 501(c)(3)s is so broad it’s easier for brokers to send us applications rather than ask us if we cover it.*
Markel Specialty has been an insurer of human service organizations including camps and conference centers, child care centers, preschools, Head Start programs, youth recreation programs (Boys & Girls Clubs), and nature, conservation and environmental centers. We understand that might be changing and we want to make sure that nonprofits have a carrier they can get insurance from.
We invite brokers looking for a market for their nonprofit clients, who may soon no longer be covered, to consider NIA by either reaching out to your underwriter or contacting our Broker Services team at 800-359-6422 ext. 6021.
* There are some exceptions: Athletic leagues, churches or organizations whose main goal is to promote a specific religion, hospitals, universities and zoos. A full list is available to appointed brokers.
