Insurance is not glamorous. It is paperwork, premiums, and conversations most nonprofit leaders would rather avoid.
But if you run a nonprofit long enough, you learn a hard truth.
The moment you need insurance is the moment it is too late to start thinking about it.
In this episode of the
Charity Charge Show, host Stephen Garten sits down with Pamela Davis, Founder and CEO of the
Nonprofits Insurance Alliance, a nonprofit insurer that serves roughly 26,000 to 27,000 nonprofits across California and 32 additional states. Pamela shares how a graduate school thesis turned into a 35 year mission, why traditional insurance markets fail nonprofits, and what new and small organizations need to know before a claim ever happens.
Episode highlights
Pamela Davis is the founder and CEO of the Nonprofits Insurance Alliance, a group of two nonprofit insurers built specifically to serve 501(c)(3)s. One entity insures nonprofits in California and the other insures nonprofits in 32 other states.
Together, the organizations serve about 26,000 to 27,000 nonprofits and have grown to roughly $1 billion in assets.
Stephen and Pamela also dig into the practical side of nonprofit coverage, what to buy first, how underwriting works for small budgets, and why advocacy has become a crucial part of keeping the nonprofit sector insurable.
---------------------------
About Charity Charge
Charity Charge
is a financial technology company serving the nonprofit sector. From the
Charity Charge Nonprofit Credit Card to
bookkeeping,
gift card disbursements, and
state compliance, we help mission-driven organizations streamline operations and stay financially strong. Learn more at
charitycharge.com.
What is The Charity Charge Show - Nonprofit Podcast?
The Charity Charge Show features candid conversations with nonprofit executives, founders, and social impact leaders about what it actually takes to run a mission-driven organization: funding, operations, leadership, and the lessons nobody puts in the annual report.
The show is hosted by Stephen Garten, founder and CEO of Charity Charge, a Public Benefit Corporation founded in 2015 in Austin, Texas. Charity Charge provides financial tools built exclusively for nonprofits, including a credit card underwritten to the organization's EIN with no personal guarantee and no annual fee.
More than 3,000 nonprofits have used Charity Charge to manage their spending.
Learn more at www.charitycharge.com