Not for Profit
Risk Protection

Risk

A Non-Profit’s Board of Directors often make important decisions that can be scrutinized by donors, employees, governmental entities and other affected third parties. With scrutiny comes the risk of litigation, which is often very costly to not only the organization but to the board members personally.

Our Solution

Trellis Management Liability Portfolio℠ Not for Profit D&O Liability Insurance provides protection for the board members personal assets and that of organization by covering defense costs, awards and settlements stemming from covered allegation (or alleged wrongful act).

Risk

The number of lawsuits filed by employees against their employers has been rising. While many suits are groundless, defending against them is costly and time-consuming; employment law is complex and varies depending on jurisdiction. As costs for litigation and damage awards climb, experts predict that employment law will only become more complex.

Our Solution

Trellis Management Liability Portfolio℠ Employment Practices Liability (EPL) Insurance covers both the cost of defense and the resultant damages from a covered claim.

Risk

Fiduciaries of employee benefit plans (anyone who has discretionary decision-making authority over a plan’s management, administration, or its assets), are potentially subject to lawsuits that allege mismanagement or improper administration of those plans. Such claims may be filed by disgruntled employees or their beneficiaries.

Our Solution

Trellis Management Liability Portfolio℠ Fiduciary Liability Insurance covers both the cost of defense, the resultant damages and fines from a covered claim.

Risk

Dishonest employees and external fraudsters can circumvent the security and protocols of even the most well-run companies, leading to theft of assets such as inventory, equipment, cash, and raw materials.

Our Solution

Trellis Management Liability Portfolio℠ Crime Policy covers losses caused by employees and non-employees, including:

• Theft, damage, or destruction of money, securities, and/or tangible property both on the business or not for profit organization’s premises or elsewhere including while in transit.
• Forgery or alteration of negotiable instruments, including forging of signature on business checks.
• Fraudulent manipulation of the business or not for profit organization’s computer system, including a hacker transferring funds to an outside account.
• Fraudulent electronic funds transfer instructions sent to the business or not for profit organization’s bank purporting to be from the insured.
• Receipt of counterfeit currency by the business or not for profit organization.
• Social engineering fraud.

Risk

Cyber incidents have the potential to incur irreversible damage on a company, regardless of size or industry. Cyber-attacks are common, as it has been reported that that 55% of small businesses have experienced a data breach at some point.

Our Solution

Trellis Management Liability Portfolio℠ Cyber Insurance covers a business’ damages from the covered cyber event. Third-party coverage covers legal expenses that result from a business or not for profit organization being blamed for causing a client and/or third party to suffer a cyber loss.

Risk

When a professional service provider’s performance falls short of a customer/client’s expectations, they can bring a suit alleging negligence, misrepresentation or inaccurate advice. Whether these suits are legitimate or not, they can lead to lengthy litigation and expensive attorney fees.

Our Solution

Trellis Management Liability Portfolio℠ MPL policy covers the cost of defense and the resultant damages stemming from claims brought by the professional service provider’s client alleging such professional service provider gave bad advice or unsatisfactory service which resulted in a financial loss to the client.