Association & NonProfits
Association & NonProfits
You need a specialized broker experienced in association and nonprofit insurance that aligns with your mission. Ames & Gough specializes in providing management liability (including directors & officers, employment practices and fiduciary liability) professional liability, property/casualty, and cyber liability/network security insurance placement and risk management solutions for these associations and our services are tailored to help protect your assets and reduce your cost of risk. The basis for our CLIENT FIRST consultative approach starts by maintaining a deep knowledge and understanding of the management liability and professional insurance marketplace and foster personal relationships with key underwriters who serve professional associations and nonprofits. Further, we develop an in-depth understanding of our client’s business and their overall risk profile, including organizational structure and governance, membership and client base, relationship structure, internal risk management processes, technology platforms and utilization, and employment practices and policies. We do this because your firm’s work is too important and deserves expert advice and counsel to navigate the right course to accomplish your mission. Let Ames & Gough help you today!
Directors and officers (D&O) liability insurance is an insurance coverage sought by private and non-profit organizations to help protect their executives from costly legal actions. Over the years, insurance companies have refined their underwriting practices for D&O insurance to reward organizations that implement proactive risk management measures.
Frequently at my first meeting or discussion with the designer of a project where a problem had arisen, I would learn that the design firm had a significant account receivable pending with the client. Read More …
The past year has seen a rapidly hardening cyber insurance market as cyberattacks have surged in both cost and frequency. This increase in attacks has, in turn, resulted in a rise in cyber insurance claims and subsequent underwriting losses. Amid these market conditions, most policyholders experienced higher cyber insurance rates at their 2022 renewals, with many insureds seeing double-digit rate increases.
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Phone: (703) 827-2277