A strong risk management program helps nonprofits protect its employees, property and assets while keeping its insurance costs down. Implementing these programs requires the proper planning, development and ongoing review of your potential for loss control. Successful outcomes are based on advisors having detailed experience in the nonprofit sector. Risk management can offer nonprofits a way to reduce costs and gain long term financial stability. 
MethodologyDuring the fourth quarter of 2007 and the first in 2008, 1,731 research questionnaires were sent to nonprofit decision makers nationally, representing the benefits programs of more than 100,000 employees. While the nonprofit universe of sectors was included among the respondents, the majority of organizations included in the research were health, education/research, religious, social/legal services, civic/social/fraternal and arts/culture. Decision makers included Executive Directors, CEOs, Assistant Directors, Finance Managers, HR Managers, Program Directors and their brokers and advisors. The majority of respondents were from the mid-market (50-200 employees).
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