Nonprofit Insurance Digest

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

Managing Volunteer Risk

Managing Volunteers is a complex process, and we will only touch on the highlights here. However, it is important to preface these remarks on Volunteer Risk Management by pointing out that all Nonprofit Organizations, regardless of their size, must consider risk management in every aspect of the organization's operations. At the very least, every Nonprofit should have a risk management committee, […]
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Does My Nonprofit need "Umbrella" Insurance?

The primary reasons a Nonprofit organization may need an umbrella (or Excess Liability) policy generally break down as follows: 1) The limits available under the primary liability policies may not be enough to cover the insured's exposure or 2) The organization may enter into a contract that requires limits in excess of the primary liability limits.  Does your organization need more coverage?
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Claim Defense Costs and Your Nonprofit Insurance

Most liability policies contain two key provisions, the duty to indemnify and the duty to defend. Both provisions are critical, but the "duty to defend" concept is often overlooked or misunderstood. However, it is a key factor in the decision to purchase nonprofit insurance of various types and has a significant impact on risk management.
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Insurance and Animal Rescue Organizations

Nonprofit organizations that provide animal rescue or shelter services find themselves in a difficult situation when trying to acquire insurance. Insurance for animal-related organizations is just not readily available. Most insurance companies flat out refuse to insure any organization with significant animal exposure.
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Nonprofits and the Employee or Independent Contractor Issue

Traditionally many Nonprofits have used “Independent Contractors” for tasks as varied as research, grant proposal development, landscaping, construction, bookkeeping, and day-to-day clerical tasks. The justification for using “Independent Contractors” can take many forms. The Nonprofit may need a specific task completed sporadically; the Nonprofit may not want to incur the expense and hassle of […]
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Insurance Broker or Insurance Company - Who does what?

Our nonprofit clients are sometimes confused by the various people involved in creating and providing their insurance program. They aren't quite sure who does what and when to call the "Broker" or when to call the "Insurance Company." It seems like it should be simple enough, but it is insurance, after all...
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Nonprofit Directors and Officers Nightmare Claims

Some (maybe many) Nonprofit organizations do not feel that they really need Directors and Officers coverage. Many only purchase the coverage to appease particular board members. These organizations can't imagine anyone ever pursuing a management claim against their Nonprofit. Unfortunately, claims against Nonprofit boards, officers, and professional staff. Here are just a few examples of what can […]
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Why Should My Nonprofit Buy Insurance?

For many small or start-up organizations, nonprofit insurance costs seem excessive and the benefits of the coverage nominal. However, the expense of the insurance coverage is outweighed by the importance of having coverage in place. The following are just some of the reasons why all Nonprofits, regardless of size, need to have appropriate insurance coverage.
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Failure to Insure - A Trap for Nonprofit Organizations

Many smaller or start-up nonprofit organizations struggle to find money in their budget for even the most basic nonprofit insurance coverage. Over and above the ethical consideration that you protect the community and your clients from damages due to the organization's negligent actions, there is an inherent risk to the personal assets of the nonprofit organization's individual directors and […]
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