For nonprofits: trends in insurance buying – challenges and opportunities

One of our providers, Philadelphia Insurance Companies, conducted a new research study to examine how nonprofits purchase insurance and their primary challenges.

A large number of nonprofits participated in the study, in fact almost 200. Here are some of the key findings of the report:

  • Insurance providers are evaluated through referrals, talking to peers, and face-to-face meetings with insurance representatives
  • Nonprofits top 3 challenges are cultivating donors and stewardship, having adequate staffing, and retaining donors
  • 46% of non-profits are shifting fundraising activities to the web and social media
  • 43% are adjusting strategies based on analyzing donor actions

Download the full report here:  Full report

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