Nonprofit Leaders' Secret Weapon Directors Officers Insurance Unveiled

Real-World Examples and Statistics

A 2022 survey by the Nonprofit Risk Management Center found that nearly 63% of nonprofits have D&O Insurance². This statistic underscores the growing recognition of the importance of protecting organizational leadership. For instance, a nonprofit that faced a lawsuit over alleged employment discrimination was able to cover substantial legal fees through their D&O policy, saving the organization from potential financial collapse.