This week we are speaking with Atlas Insurance's, Michael Howard. Michael has a wealth of knowledge in the nonprofit insurance space and generously shares with us. Michael touches on risks nonprofits should be aware of that are not insurance related, to be aware of depth that D&O insurance actually goes, when nonprofits and nonprofit board members can get in trouble, and most importantly, how to mitigate these risks. This is a must listen to episode for any nonprofit board member to be aware of the risks they are taking on when joining a board and how to mitigate them.
Learn more about or contact Michael
Timestamps:
(00:00) Introducing Michael Howard
(04:00) What risks do nonprofits need to be aware of?
(07:40) Trends in risk management nonprofits should be aware of
(11:40) What basic types of insurance should nonprofits have?
(13:40) Does your E&O and D&O actually cover everything?
(15:10) Where do nonprofits get in trouble?
(19:00) Other ways nonprofits can mitigate their risk
(20:55) What factors would you consider before joining a nonprofit board?
(25:17) Anything else?
(29:24) Recapping with Read
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