Ideal Accounts and Appetite
This program is an excellent fit for a wide range of nonprofit organizations, including but not limited to:
- Charitable foundations
- Community and civic groups
- Educational and cultural institutions
- Advocacy and membership-based nonprofits
Many board members are unaware that they can be held personally liable for decisions or actions taken in their roles. Rockwood’s Non Profit D&O program helps you provide your nonprofit clients with the coverage they need to manage that risk.
You might have a client who is launching a community outreach nonprofit or an arts foundation with a newly formed board. These organizations often face exposures similar to for-profit entities and need solid D&O protection to safeguard their leadership and mission.
Coverage Highlights and Advantages
Rockwood’s Non Profit D&O Liability Insurance Program offers broad, flexible coverage options, including:
- Duty to Defend – Legal defense is provided even if allegations are groundless.
- Defense Costs Outside the Limit – Available in some cases to preserve policy limits for settlements.
- Wage and Hour Coverage – Provided subject to sub-limits.
- Exemplary or Punitive Damages – Covered up to the policy limits where insurable by law.
- Full Prior Acts Coverage – Included within the base policy.
- Coverage for Both Monetary and Non-Monetary Claims
Optional tailored endorsements allow your clients to expand protection with additional features such as:
- Employment Practices Liability
- Fiduciary Liability
- Organizational Liability
Limits range from $250,000 up to $5,000,000, with both stand-alone and package policy structures available.
Underwriting Notes and Minimum Premiums
Rockwood underwrites each submission carefully to match coverage to the nonprofit’s operations and risk profile. Minimum premiums vary depending on the size and scope of the organization, selected limits, and optional coverages.
Quotes are typically turned around quickly, helping you meet client deadlines and respond to time-sensitive opportunities.
Territories and Availability
The Non Profit D&O program is available in most states, including but not limited to CA, FL, NY, TX, and IL. Some admitted options are available depending on the specific state and risk class. Coverage is offered in the following jurisdictions:
AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY, DC.
Why Work With Rockwood Programs?
As a leading program administrator, Rockwood Programs brings deep expertise in nonprofit liability exposures, strong carrier relationships, and attentive service. From tailored coverage options to fast quote turnaround, Rockwood supports agents in placing competitive, reliable Non Profit D&O coverage in a challenging market segment.
Contact the Rockwood team to discuss your client’s needs and learn how their D&O solutions can help protect nonprofits and their boards from costly liability risks.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for most nonprofit organizations, including charities, community service groups, foundations, and educational or cultural institutions.
What limits are available through the program?
Liability limits range from $250,000 up to $5,000,000, with flexible options depending on the size and type of nonprofit.
Can I include Employment Practices Liability with this program?
Yes, Employment Practices Liability is available as an optional coverage enhancement under this program.
Is coverage available in my state?
The program is available in most U.S. states, including CA, FL, NY, TX, and many others. Contact Rockwood for state-specific options.
What carriers back this program?
The program is supported by Baldwin & Lyons, Inc., a highly rated carrier known for financial strength and reliability.
Need help placing an account? Connect with a market specialist.