Thank you for sharing!

Your article was successfully shared with the contacts you provided.
"Nonprofits are not immune to risk; in fact, they face unique risks as a result of being a nonprofit," says Baker. “Nonprofits are not immune to risk; in fact, they face unique risks as a result of being a nonprofit,” says Baker. (Photo: Shutterstock)

Nonprofits share many of the same risks as for-profit organizations; however, their core missions expose them to a wide variety of unique risks, from volunteer projects to fundraising events. Should an incident happen, such as a cyberattack or lawsuit, a nonprofit’s mission could be at risk, jeopardizing the positive impact charitable organizations bring to individuals and communities around the world.

In celebration of National Nonprofit Day on August 17, NU PC360 spoke with Patrick Bakernonprofit D&O product manager at Travelers, about the ways nonprofits can evaluate their risk management strategy, safeguard their mission and insure their distinctive risks. 

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

More from this author

Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected]

More from this author



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.