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ACGL $95.57 -0.12 (-0.13%)

Non-Profit

Non-profit organizations are especially vulnerable to the expanding types of litigation which can have a devastating impact on a non-profit's ability to continue its mission. Whether potential conflict-of-interest, breach-of- duty or regulatory changes, the new Arch Canopy Policy for Non-Profit Organizations® provides strong protection and service for Directors & Officers and Employment Practices Liability risks.

  • Directors & Officers Liability
  • Employment Practices Liability
  • Fiduciary Liability
  • Crime
  • Kidnap, Ransom & Extortion

An experienced insurer of non-profit risks, Arch now offers appointed agents and wholesalers direct access to our specialized underwriting team and state-of the-art products.

Key Features:

All Three Liability Coverage Parts

  • Duty to defend policy with option for insured to assume defense (via endorsement)
  • Broad definitions of claim and loss
  • Broad severability language
  • Less restrictive fraud and personal profit exclusions
  • Optional additional limit for defense costs
  • Worldwide coverage for all five coverage parts

D & O

  • Investigation costs for derivative demands brought by members
  • Crisis management costs for a network security breach or privacy violation
  • Additional limit dedicated for executives
  • Priority of payments provisions

All 5 Coverage Parts

  • Broad definition of employee
  • Kidnap, Ransom & Extortion offers worldwide coverage. In partnership with Hiscox, Arch clients get access to the world-class, professional security and crisis management services of Control Risks Group
  • Crime coverage includes multiple features providing insurance for acts of theft, forgery and computer fraud

Distribution

Select wholesale and retail producers

Capacity

Primary limits up to $25 million


Information

Insurance coverage is underwritten by a member company of Arch Insurance Group Inc. This is only a brief description of the insurance coverage(s) available under the policy. The policy contains reductions, limitations, exclusions and termination provisions. Full details of the coverage are contained in the policy. If there are any conflicts between this document and the policy, the policy shall govern. Not all coverages are available in all jurisdictions.