Analysis into top priorities and insurance buying behaviors of nonprofits
Nonprofit organizations have had to learn to do more with less during the COVID-19 pandemic. Many nonprofits adapted to virtual models and implemented creative solutions to the challenges of an industry heavily dependent on fundraising events and in-person volunteer activities, all while facing increased competition for donation dollars.
The insurance requirements of nonprofits to mitigate risk exposure and financial loss are complex, and unique coverage is often required.
A survey of nonprofits was conducted to identify their top challenges and how they are strengthening fundraising efforts, growing donor bases, improving operations, and evaluating insurance providers and needs.
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