MCN Launches Insurance Agency for Nonprofits
FOR IMMEDIATE RELEASE
FOR MORE INFORMATION:
Contact: Michaela Charleston, Communications Assistant
Phone: 651-757-3067
Email: mcharleston@minnesotanonprofits.org
St. Paul, Minn., Nov. 1, 2011 — Nonprofit Insurance Advisors launched November 1, 2011 as a new service of the Minnesota Council of Nonprofits (MCN). Minnesota’s nonprofit organizations need access to quality insurance products to help them manage their risks. Responding to this need, Nonprofit Insurance Advisors brokers key property and casualty insurance products, including directors and officers (D&O), general and professional liability, workers’ compensation and auto.
“We know that small and mid-sized organizations are often underserved in the insurance market,” said Sondra Reis, MCN’s associate director and Nonprofit Insurance Advisors president. “Our goal is to provide these organizations with the right level of insurance and a high level of service every time.”
MCN has a long history of partnerships with key insurance agents and carriers to connect its members with quality products. MCN recently acquired the book of business from the Morse Agency, an independent insurance agency. On November 1, the 400 nonprofit clients of The Morse Agency became clients of MCN’s new Nonprofit Insurance Advisors. Andy Morse, the previous president of the Morse Agency, has become Nonprofit Insurance Advisors’ senior insurance consultant.
“We at the Morse Agency are excited for this transition to be better able to support nonprofits with their insurance needs. We have been working with nonprofits since 1978 and look forward to continuing our service to the sector with Nonprofit Insurance Advisors,” said Andy.
As an independent insurance agency focused exclusively on the nonprofit market, Nonprofit Insurance Advisors staff works to understand the customized needs of each nonprofit and then matches them to insurance companies in order to find the best fit. In addition, the agency’s website provides free resources to nonprofits on risk management issues from conducting volunteer screening to finding the right D&O policy.
Nonprofit Insurance Advisors also maintain MCN’s existing partnership with Monitor Liability Managers to offer an affordable directors and officers liability product to MCN members. Through this partnership, MCN members are eligible for special pricing on products offered by Monitor. Nonprofit Insurance Advisors is the exclusive Minnesota agent for this program. Deductibles start at $500 and premiums start at $800.
Nonprofit Insurance Advisors also works with the Alliance of Nonprofits for Insurance - Risk Retention Group and First Nonprofit Insurance Company to further serve the unique insurance needs of Minnesota’s nonprofits.
To receive a free quote and learn more about MCN’s new subsidiary Nonprofit Insurance Advisors, visit www.nonprofitinsuranceadvisors.org or call 651-757-3095.
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ABOUT THE MINNESOTA COUNCIL OF NONPROFITS
The Minnesota Council of Nonprofits (MCN) is the statewide association of 1,950 nonprofit organizations. Through its Web site, resource publications, workshops and events, cost-saving programs and advocacy, MCN continually works to inform, promote, connect and strengthen individual nonprofits and the nonprofit sector. www.minnesotanonprofits.org
The Minnesota Council of Nonprofits (MCN) is the statewide association of 1,950 nonprofit organizations. Through its Web site, resource publications, workshops and events, cost-saving programs and advocacy, MCN continually works to inform, promote, connect and strengthen individual nonprofits and the nonprofit sector. www.minnesotanonprofits.org
ABOUT NONPROFIT INSURANCE ADVISORS
Nonprofit Insurance Advisors, a service of the Minnesota Council of Nonprofits, meets the unique insurance needs of nonprofit organizations by identifying and brokering appropriate and cost-effective coverage. With an insider's perspective on the scope and scale of the nonprofit sector's insurance needs, Nonprofit Insurance Advisors goes the extra mile for organizations of all sizes.
Nonprofit Insurance Advisors, a service of the Minnesota Council of Nonprofits, meets the unique insurance needs of nonprofit organizations by identifying and brokering appropriate and cost-effective coverage. With an insider's perspective on the scope and scale of the nonprofit sector's insurance needs, Nonprofit Insurance Advisors goes the extra mile for organizations of all sizes.
