Insurance Made Simple Blog

Phil Wightman

Phil Wightman
As co-founder and CEO of SteelBridge Insurance Services, Philip has studied insurance for the last 20 years and specifically insurance as it relates to the non-profit world, both in a formal educational setting and the real life learning process of the day-to-day interaction with his non-profit clients. He is a Certified Insurance Councilor (CIC) and Certified Workers’ Compensation Advisor (CWCA). Philip enjoys fly-fishing, live music, and the occasional glass of Irish whiskey.

Recent Posts

How Nonprofit General Liability Affects Hiring Independent Contractors

Most well informed nonprofit owners and managers know they need numerous insurance policies to protect themselves and their organization from a variety of lawsuits and claims. Some of the most common are general liability insurance and workers’ compensation insurance. Yet many fail to realize how these policies inform the decision-making process involved in hiring independent contractors.
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How Do Employment Practices Apply to Volunteers?

Many nonprofits rely on volunteers in addition to paid employees to achieve their goals. However, nonprofits should take pains to understand what the true legal difference is between these two types of workers. The simple difference is that employees are paid and volunteers are not, but several factors affect the legal definition.
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How to Decide If Your Nonprofit Needs D&O Insurance

Insurance can be expensive, and after investing in general liability, workers’ compensation, errors and omissions (E&O) insurance, and more, many nonprofits may be wondering if they really need directors and officers (D&O) insurance. The short answer is yes. Here are some compelling reasons why:
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Are You Doing Enough to Protect Your Volunteers?

People who volunteer often do so because they receive an emotional or practical benefit. While volunteers play a critical role in the operation of many nonprofit organizations, they do pose unique risks. As the shortage of reliable volunteers grows, nonprofits need to consider the risks their unpaid staff pose as part of their overall risk management strategy. The following are several risks that […]
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Four Often Unanticipated Reasons People Sue Nonprofits

Nonprofit leaders often invest in insurance as a means to mitigate risk, but this is not quite an accurate assessment. Insurance policies help manage the financial fallout following exposure to certain risks—it does, however, prevent them. Although combing through the numerous scenarios that can affect a charitable association can make nonprofit managers’ heads swim, it is vital to maintaining a […]
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Non Profit Risk Management in 2018

Many nonprofits inadvertently overlook the risks that threaten their volunteers, workers, and organization as a whole. This is not to say nonprofits need be more vigilant than for-profit organizations; but rather that it's crucial to prepare for the risks unique to their field of work.
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Non-Profits and the Dreaded Workers Compensation Audit

Nearly all Workers Compensation policies and some General Liability policies are audited by the insurance carrier every year after the expiration/renewal date. This can be a traumatic experience for some nonprofits. The following is an explanation of the audit process and some information that will help you to prepare for a stress-free audit.
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Non-Profits and the Dreaded Workers Compensation Audit

Nearly all Workers Compensation policies and some General Liability policies are audited by the insurance carrier every year after the expiration/renewal date. This can be a traumatic experience for some non-profits. The following is an explanation of the audit process and some information that will help you to prepare for a stress-free audit.
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What Happens If Your Non-Profit Doesn't Have the Right Insurance?

Non-profits, by nature, don’t make a lot of excess money. Their purpose is to collect funds through donations, government grants, sales, and other sources of income and apply that money to areas in need in their community or internationally. As such, it can sometimes seem like a burden to invest funds from what little budget they have into insurance coverage. But refusing to get insurance can be […]
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