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D&O: What You Might Not Know (Episode 2)

~8 minutes | Recorded 11/14/17 Listen to this podcast to learn what you might not know about nonprofit D&O insurance coverage. Also meet The Risk Jockeys hosts, Melanie Lockwood Herman – Executive Director of the Nonprofit Risk Management Center (NRMC), and Derek Symer – Principal and Senior Vice President at AHT Insurance. During each Risk … Continued

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Lessons from Insurance Thought Leaders

By Melanie Lockwood Herman Although there are risk professionals throughout the nonprofit sector who know a great deal about the property and casualty coverage they buy for their organizations, some buyers purchase policies first, and ask questions later. Relying on simplified coverage descriptions and failing to read the fine print are risky recipes for disaster. … Continued

Glossary of Risk Management and Insurance Terms

This glossary was originally published in Coverage, Claims and Consequences: An Insurance Handbook for Nonprofits. Accident — Unexpected or chance event. This term is frequently defined in older commercial general liability (CGL) policies. Accident medical reimbursement insurance — Covers medical expenses for injuries arising out of accidents, regardless of liability. Traditionally also provides a schedule … Continued