Exclusive Directors and Officers Insurance Program

Greenlights for Nonprofit Success and Wortham Insurance & Risk Management are proud to offer a customized, low-cost Directors and Officers liability insurance program, exclusively for Greenlights members.

PROGRAM BENEFITS

  • Low-cost Directors and Officers (D&O) liability insurance through Chubb, one of the nation’s top insurance carriers, in partnership with Wortham Insurance & Risk Management, Austin’s oldest and largest independent insurance broker.
  • Annual premiums in the $675-$1,900 range, depending on organization size and other factors. Subject to underwriter approval.
  • $1 million combined annual limits for D&O and Employment Practices Liability (EPL) with a $1,000 deductible.
  • Easy application process. Just complete and return the application to Joe Christian.

QUALIFICATIONS

  • Limited to current nonprofit members of Greenlights in good standing
  • Must be incorporated as a nonprofit and have IRS 501 (c) status
  • Must have total employee count (full and part time) of 25 or less and fewer than 50 volunteers
  • Must have total operating revenue / budget less than $5 million per year
  • Must have a positive fund balance and a positive operating income for the most current financial year
  • Must have no subsidiaries
  • Must provide services as specified in the acceptable classes of business
  • Must have no D&O liability or employment practices liability claims or litigation activity within the past five years

APPLY TODAY!

To apply, complete the application and submit it to Joe Christian. If you questions, or would like to learn more about the advantages of this program, please contact Joe Christian at jchristian@wortham-austin.com or 512.532.1559.

 

ACCEPTABLE CLASSES OF BUSINESS

  • Adult Day Care ($1M limit only)
  • Alumni association
  • Animal Shelters (no animal rights or vet services)
  • Arboretum/Land Conservancy or Trust
  • Art education center
  • Art gallery
  • Beach club
  • Cemetery (upstate NY only; not NYC or Long Island)
  • Chamber of commerce (no loans or insurance sponsorship)
  • Child Care, Day & After-School, head Start ($1M limit only)
  • Clubs – Swim / Tennis / Yacht / Civic club (Rotary, Kiwanis, etc.) / Social (Elks, American Legion, Junior League, etc.)
  • Community Action (no medical or low housing)
  • Community center (no medical services)
  • Cooperative Extensions
  • County fair
  • Crisis hotline
  • Dance organization
  • Farm irrigation
  • Food bank (includes Meals on Wheels)
  • Fund-raising or grant-making organization
  • Genealogical society
  • Historical society
  • Homeowners association (PCAL)
  • Humane society (no animal rights activities)
  • Library
  • Mentoring and Literacy
  • Museum
  • Nutritional Education and Programs
  • Performing arts organization (orchestra, theater, etc.)
  • PTA
  • Public awareness
  • Recreation
  • Relief funds
  • Scouting association
  • Senior center (no medical services)
  • Social service agency (Case Mgt. and Advocacy, Vocational Services, Non-Medical information and referral, Disability Advocacy)
  • Sporting club (gun, racquetball, etc.)
  • Support Foundation
  • Urban league (no insurance sponsorship)
  • Visitor/tourism bureau
  • Volunteer fire department
  • Zoo