DUAL Associations Approach (Association Liability)
DUAL has developed an integrated management liability insurance package designed to meet the needs of the 'Not for Profit' industry whilst being a cost effective solution.
DUAL recognises the Not-for-Profit segment as one of the fastest growing sectors yet the most underdeveloped from an insurance buying perspective:
- Approximately 380,000 non-profit organisations are incorporated.
- About 35,000 non-profit organisations employ staff
Most Not-for-Profit entities will have insurance in place to protect against bodily injury (public liability, workers compensation) or property damage (property insurance, motor fleet) but very few insure against the economic loss exposure.