Arch Insurance Group Launches New Coverage for Nonprofit Organizations

Arch Insurance Group (Arch), a member of Arch Capital Group Ltd., has unveiled Arch Canopy Policy for Nonprofit Organizations.

Nonprofit organizations are increasingly vulnerable to the expanding types of litigation which can have a devastating impact on an organization’s ability to continue its mission.

“Our objective with this product is to try to help nonprofits strengthen their risk management arsenal so that they can focus their energy on achieving the missions of their organizations,” said John A. Rafferty, executive vice president, Executive Assurance Division at Arch.

The five coverage components are:

Arch is now directly writing this coverage with appointed agents and wholesalers. Key features include:

Source: Arch Insurance