 |
To access, click on:
Nonprofit Resources is a wholly owned Subsidiary of Colorado Nonprofit Association |
|
|
|
|
Top 10 Reasons Why
501(c)(3) Nonprofits Should Be Insured by
Alliance of Nonprofits for Insurance
Risk Retention Group (ANI-RRG) |
| 1. |
Nonprofit owned and governed. ANI is part of the Nonprofits Insurance Alliance Group, which includes the Nonprofits' Insurance Alliance of California (NIAC). All companies in the group are 501(c)(3) nonprofits and are governed by the nonprofits they serve. |
| 2. |
Initial capital for ANI was provided by generous grants from the David and Lucile Packard Foundation and the Bill & Melinda Gates Foundation. Each foundation contributed $5 million in grants for a total of $10 million in capital for ANI and its affiliated company, the National Alliance of Nonprofits for Insurance (NANI), a captive reinsurer. NANI provides reinsurance to ANI and also to the Nonprofits' Insurance Alliance of California (NIAC). All of these companies are related by affiliated boards of directors and all exist only to serve 501(c)(3) tax-exempt nonprofits. All of these affiliated companies are also 501(c)(3) tax-exempt organizations. This group of companies has members' equity in excess of $99 million. |
| 3. |
ANI-RRG is rated A- (Excellent) by A.M. Best. NIAC, ANI-RRG's affiliate, is rated A (Excellent). |
| 4. |
The Nonprofits Insurance Alliance Group is reinsured by one of the world's most respected reinsurers, Swiss Re. |
| 5. |
ANI serves only 501(c)(3) nonprofits. ANI is a 501(c)(3) nonprofit so we understand the special needs of nonprofits, and is committed to meeting those needs. |
| 6. |
ANI currently insures more than 3,000 501(c)(3) nonprofits. Both ANI and NIAC renew more than 90% of their members each year! |
| 7. |
ANI's Board of Directors is elected by the members and made up of representatives of the nonprofit community it serves. |
| 8. |
ANI believes that nonprofits are better-than-average insurance risks and we work with nonprofits to help keep their operations safe for their clients, volunteers and employees. |
| 9. |
Proactive approach to risk management. If you have autos insured through NIAC there is free driver training. NIAC provides free employment risk management advice for our D&O policyholders, before the member takes action that might result in a claim. Free personnel handbook reviews for D&O policyholders. Free educational booklets. Free video and book lending library. Website – www.ani-rrg.org. |
| 10. |
ANI is currently writing coverage for 501(c)(3) nonprofits in Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Georgia, Hawaii, Idaho, Illinois, Iowa, Kansas, Maryland, Michigan, Minnesota, Missouri, Nebraska, Nevada, North Carolina, Ohio, Oregon, Pennsylvania, Utah, Vermont, Virginia and Washington. |
|
