Casualty / Not for Profit

Not for Profit

Starr’s Financial Lines Resolute PortfolioSM for Not for Profit Organizations is a flexible and comprehensive policy that allows a policyholder to select the coverage section(s) and the limits of liability that most effectively address their specific risk profile. Options include single or multiple coverage sections with separate or combined limits of liability. Starr can offer coverage for Not for Profit Organizations on a primary and/or excess basis

Coverages Available

  • Directors & Officers Liability (shared limit with Employment Practices Liability)
  • Employment Practices Liability (shared limit with Directors & Officers Liability)
  • Fiduciary Liability
  • Crime & Fidelity

Highlights

  • Duty to Defend policy form (Optional Duty to defend / Indemnity available via endorsement)
  • Policy is fully non-cancellable by insurer, except for nonpayment of premium
  • Broad definition of Claim including civil, criminal, governmental, regulatory, administrative and arbitration proceedings
  • Definition of Employees includes full-time, part-time, seasonal, temporary, and leased employees as well as volunteers and Independent Contractors* (*subject to underwriting)
  • Non-Rescindable Side ‘A’ Coverage

Limits

  • Up to $15,000,000

Risk Management Services

  • Jackson Lewis P.C.: Employment Practices Liability risk management program for insureds through a relationship with Jackson Lewis P.C. to help mitigate and reduce employment claims.
  • KnowBe4: Crime & Fidelity risk management program for insureds through a relationship with KnowBe4 to help mitigate and reduce losses resulting from fraudulent impersonation (social engineering) schemes.

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