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Not-For-Profit Organization Management Indemnity Package Policy

The ACE Not-For-Profit Organization Management Indemnity Package Policy affords not-for-profit organizations, with revenues greater than $10 million or an employee count of 250 or more, with industry-leading protection against an ever-increasing number of exposures previously unseen to this market segment. By providing flexible and comprehensive individual and entity coverage, this policy helps ensure that the organization's management, trustees, employees and volunteers can focus on fulfilling the goals set forth in the organization's mission statement.

Benefits:

  • National network with local expertise: Our nine regional offices are staffed with managers averaging 10+ years of experience and we have approximately 50 underwriting professionals dedicated to the Not-For-Profit practice.
  • Privacy and network security coverage: Designed to address new and emerging privacy concerns, insureds have access to the same experts and award-winning Loss Mitigtation Services that accompany ACE's other industry-leading cyber solutions. This includes but is not limited to:
    • Access to ACE's Data Breach Team, an independent panel of specialists who have the capabilities and experience to help organizations and businesses execute their data breach response when information is lost or compromised.
    • Free access to the eRisk Hub®, a web-based loss mitigation resource designed to help policyholders stay abreast of best practices and regulatory guidelines.
  • Back office support: We utilize a sophisticated, state-of-the-art underwriting platform to rate, quote, bind, and issue (online) policies, providing you with speed and local accessibility. We also offer direct billing capabilities and a dedicated email box for further accessibility.
  • Dedicated claims staff: Our internal claims staff averages 10+ years of experience and is dedicated to servicing our not-for-profit insureds.

Coverage:

Standalone or packaged coverage sections (refer to tabs below for details of each coverage)

  • Directors, Officers and Organization Liability Insurance
  • Employment Practices Liability Insurance
  • Fiduciary Liability Insurance
  • Crime Insurance
  • Privacy and Network Security Liability Coverage

Separate and shared limits are available; up to $25 million.

Restricted Classes: Educational Institutions - Pre-school – 12

Submission Requirements

  • ACE application
  • Three years' loss history
  • Company financials