Directors and Officers (D&O) liability insurance gives nonprofit directors and officers the protection they need from personal liability and financial loss arising out of wrongful acts committed or allegedly committed in their corporate capacities, in particular employment practices claims.
Berkley Select, a Berkley Company, specializes in delivering comprehensive professional liability solutions for the unique executive risk exposures of nonprofits. Berkeley Select provides unparalleled service and coverage, all backed by 25 years of experience and A+ rated carrier protection. With premiums starting as low as $400 per year, Berkley Select’s suite of nonprofit liability products includes Directors and Officers Liability, Employment Practice Liability, Fiduciary Liability, as well as Errors and Omissions Liability for Trade Organizations. Exclusive discounts and coverage enhancements are available for members of HANO.
HANO members can now take advantage of a valuable, money-saving members-only benefit: low-cost, high-quality directors and officers insurance. The HANO D&O protection program provides exclusive coverage at a preferred premium, coverage not available to Hawaii nonprofits that are not members of HANO. For more information about the HANO member discount and questions related to property, liability, D&O, workers compensation, crime, cyber and employment practices liability insurance, contact our lead broker John Foster.
“John was/is a wonderful contact at Monarch insurance for sure. First off, it was so appreciated to have one point of contact as opposed to multiple. When I was attempting to engage with another insurance company, I was given so many different names and different areas or departments, that the communication was strained. And the response time was horrible. I hate to use that word but it was true. But with John, he is my only contact and he made the enrollment process fairly easy. He was very informative as to the different policies available, he was extremely prompt and timely in his responses, he explained in terms and language that I could understand, and he even showed humor and a friendly nature. 🙂 And he understood that we needed to get as affordable a rate as possible.”
— Lisa Taylor, Executive Director, Ceeds of Peace