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NONPROFITS INSURANCE ALLIANCE (NIA) NAMED BEST OVERALL INSURANCE PROVIDER FOR
NONPROFITS BY INVESTOPEDIA

All insurers under the NIA group brand are rated A IX (Excellent) by AM Best

June 07, 2021 09:05 PM Eastern Daylight Time

SANTA CRUZ, Calif.--(BUSINESS WIRE)--More than 21,000 nonprofits know why
Investopedia named their insurance provider, Nonprofits Insurance Alliance
(NIA), Best Overall in its most current rating of insurance providers for
nonprofit organizations. In its recognition Investopedia said, “The Nonprofits
Insurance Alliance works exclusively with nonprofit organizations, and their
team of specialists can help you secure the best policy based on your
organizational and industry needs. This experience, when paired with their
policy options and resources, make NIA the best overall nonprofit insurance
provider.”

> More than 21,000 nonprofits know why Investopedia named their insurance
> provider, Nonprofits Insurance Alliance (NIA), Best Overall in its most
> current rating of insurance providers for nonprofit organizations.
> 
> Tweet this

Investopedia specifically recognized NIA policy options and coverages, high
customer retention, and member resources that “help businesses minimize
liability risks by providing training, education, and other types of support.”

“As a nonprofit ourselves, our mission is to support the nonprofit sector, and
we do that by providing coverages and services that protect nonprofits and allow
them to focus on the communities they serve,” says Pamela Davis, NIA founder,
president and CEO. “I am delighted that NIA is recognized as the premier
insurance provider for the nonprofit sector.”

NIA has a proven history of providing 501(c)(3) nonprofits with stable and
affordable coverage, as evidenced by its AM Best A IX (Excellent) rating – an
insurance industry benchmark. The AM Best rating is based on quantitative and
qualitative evaluation of balance sheet strength, operating performance, and
business profile. Last month AM Best increased NIA’s Financial Size Category
(FSC) from “VIII” to “IX.” The FSC is based on policyholder surplus and is
designed by AM Best to provide a convenient indicator of the size of a company
in terms of its surplus and related accounts. An FSC rating of IX indicates
surplus between $250 and $500 million.

NIA provides property & casualty (P&C) insurance in 32 states and the District
of Columbia through over 1,000 independent brokers.

Investopedia Methodology

When reviewing nonprofit insurance companies for their analysis, Investopedia
first looked for organizations that specialized in coverage for nonprofit groups
and organizations. Investopedia then reviewed their coverage options, industries
served, customer reviews, and, when available, premiums and limits. Investopedia
also considered the amount of time a provider was in business as well as their
AM Best rating to ensure the providers chosen had a history of providing quality
service and reliable coverage.

To learn more about the Investopedia methodology and to review all insurance
companies included in the Best Nonprofit Insurance review visit:
https://www.investopedia.com/best-nonprofit-insurance-5186193.

About Nonprofits Insurance Alliance

Nonprofits Insurance Alliance (NIA) is the nation’s leading property and
casualty insurer exclusively serving nonprofit organizations. Founded in 1989 in
Santa Cruz, California, NIA is a social enterprise developing the long-term
sustainability of the nonprofit sector. NIA has one of the best customer
retention rates in the industry. NIA members enjoy stably-priced insurance,
specialized insurance coverage, dividends, and innovate risk management and
member services. The NIA group brand is comprised of Alliance Member Services
(AMS) and three AM Best A IX (Excellent) rated insurers: Nonprofits Insurance
Alliance of California (NIAC), Alliance of Nonprofits for Insurance, RRG (ANI),
and National Alliance of Nonprofits for Insurance (NANI). All organizations
under the NIA brand are 501(c)(3) nonprofits. Learn more about Nonprofits
Insurance Alliance at insurancefornonprofits.org/about.




CONTACTS

Ren Agarwal
(831) 621-6041
ragarwal@insurancefornonprofits.org


NONPROFITS INSURANCE ALLIANCE


RELEASE SUMMARY

Nonprofits Insurance Alliance (NIA) named Best Overall insurance provider for
nonprofits by Investopedia.


#HASHTAGS

 * #organization
 * #nonprofit
 * #nonprofitorganizations


SOCIAL MEDIA PROFILES

 * Nonprofits Insurance Alliance/Facebook
 * Nonprofits Insurance Alliance/LinkedIn
 * Nonprofits Insurance Alliance/Instagram




MORE NEWS

 * October 20, 2022
   Nonprofits Insurance Alliance Receives AM Best “A (Excellent)” Rating for
   Financial Strength
 * October 20, 2022
   NIA’s Photo Contest Offers Nonprofits Chance to Win Cash
 * April 28, 2022
   NIA Announces New Executive Appointments in HR and Customer Experience


CONTACTS

Ren Agarwal
(831) 621-6041
ragarwal@insurancefornonprofits.org




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