Risk Management & Insurance: How to Successfully Navigate Volatility in the Social Sector

About

In a nonprofit context, risk is anything that can derail you from accomplishing your mission. Accordingly, “risk management” is a mission-critical discipline for identifying and assessing risk, and determining ways to avoid or minimize harm and financial losses. Judicious scenario-planning and risk mitigation are the two pillars of success for any social-impact organization.

Join us for a highly practical program on risk management and insurance, in which we will:

• Share tips for creating a risk-aware—not risk-averse—culture
• Discuss the most common and serious risks facing nonprofits, and what you can and should do to minimize exposure
• Provide simple and effective frameworks for implementing best practices
• Break down how to best work with your insurance broker and insurance company
• Review what to look for and ask about before signing an insurance contract
• Discuss the evolving issues of harassment in the workplace and related liabilities

This session will offer your nonprofit a more enlightened approach to risk management, including greater awareness of potential challenges and insight on mitigating risk and increasing the likelihood of positive outcomes. You will leave this program with a keen sense of how to acknowledge and control risk, a working understanding of what it takes to create a risk-aware culture within your organization, and a highly useful background on risk management strategy and the role of insurance. Brian E. Johnson, Chief Underwriting Officer (CUO) and Ann Shanklin, Manager of Loss Control & Member Support, both from the Nonprofits Insurance Alliance, will co-lead the second installment in this series. Former executive director of Craigslist Foundation, social entrepreneur, and best-selling author, Darian Rodriguez Heyman will join them.