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