NIAC & ANI-RRG Offering New Prior Acts Coverage

To assist nonprofits locked into claims-made forms the Nonprofits’ Insurance Alliance of California (NIAC) and Alliance of Nonprofits for Insurance, Risk Retention Group (ANI-RRG) is now offering prior acts coverage.The coverage is available on new business to NIAC and ANI-RRG. The lines of business that are eligible are general liability, social service professional and improper sexual conduct. The prior acts may be granted for one, two or all three of these coverages.

Limits are: General Liability – $1m Occ. and up to $3m Agg.; Social Service Professional – $1m Occ. and up to $3m Agg.; and Improper Sexual Conduct – Up to $500,000 per claim, and $500,000 Agg. The prior acts limits is not to exceed the expiring policy limit. The prior acts limits may be less than the ‘going forward’ limit.

“Our brokers and the nonprofits they serve have asked us to come up with a solution for nonprofits who are trapped in claims-made forms. I am very pleased that we are able to offer this solution”, states Pamela Davis, President & CEO of ANI-RRG and NIAC.

The Nonprofits Insurance Alliance Group is comprised of four companies all of which are 501(c)(3) nonprofits. NIAC provides liability insurance to 501(c)(3) nonprofits in California and ANI-RRG does the same outside California in 18 states plus DC. The National Alliance of Nonprofits for Insurance (NANI) is a captive reinsurer and Alliance Member Services (AMS) is the management company that supports the other companies in the Nonprofits Insurance Alliance Group.

For information, contact: Alliance of Nonprofits for Insurance, Risk Retention Group (ANI-RRG) Nonprofits’ Insurance Alliance of California (NIAC) P.O. Box 8507 Santa Cruz, CA 95061-8507. Phone:(800) 359-6422. Fax: (831) 459-0853. Web site: http://www.insurancefornonprofits.org.