Insurance for Foundations

We Understand Your Risks, Mission and Unique Exposures

Foundations offer vital support to vulnerable communities and innumerable causes. As experts in nonprofit insurance, our brokers recognize that an increasingly complex risk environment can threaten your ability to do good work. Insurance for foundations must be airtight – and especially during global crises, resilience is paramount. To secure the right coverage for your particular circumstances, we assess your risk landscape from ground-up.

Protect operational resilience with the right coverage

Whether you support the arts, educational initiatives, environmental advocacy, or social justice causes, your foundation faces common issues:

• Management Liability – Your leaders, employees, and even volunteers can be sued for to consequences of their decisions in management matters – from asset management and grant-making to employment-related offenses.
• Cyber risk – As your technological sophistication increases, so does your vulnerability to cyber-crime and privacy liability.
• Media liability – Your online, print, audio, video, or broadcast content can trigger claims ranging from libel to intellectual property infringement
• Premises/operations liability – Special events and volunteer activities can trigger property damage and injury claims, as can the negligence of grantees whose risk management programming you leave to chance.
• And more.

Our brokers are familiar with the nuances of securing broad, cost-effective insurance for foundations. We’ll do the legwork to create options and prepare you to make informed decisions.

Tailoring your coverage for unique exposures

Foundations face risks as diverse as the causes they support. That’s why we tailor our insurance for foundations to consider exposures such as:

Executive risks

There’s always risk associated with asset management and grant-making decisions. Donors expect prudent fiscal management and measurable outcomes, while potential recipients seek clarity and transparency in grant award and allocation processes. Our expertise with executive risks helps foundations and their actors to make confident decisions, avoid management and professional liability claims, and protect assets against crime losses.

Vicarious liability

You’re responsible for vetting the organizations and activities you fund. This includes reviewing and validating their risk management defenses. By understanding the nature and scope of your project focus, we can structure your insurance to safeguard against liability stemming from grantee operations.

Unique bequests

Insurance for foundations should cover unique bequests, which may include financial assets and tangible property. Fine art, historic structures, and vacant parcels of land all require special insurance treatment.