Building Nonprofit Resilience: 2025 Market Guide

Construction Nonprofit Construct a resilient future using a strong risk Nonprofits who embrace risk management management approach as a blueprint for success. will flourish. Risk & Insurance | Employee Benefits | Retirement & Private Wealth Risk & Insurance | Employee Benefits | Retirement & Private Wealth

What to Expect in 2025 What to Expect in 2025 Adic to consed qui volorio voluptatus est, int, id mo iuntusa ndent. Nonprofit organizations will need to prioritize critical risk management Et quis aut dolor aut apicidemquis eum solenti con pores sumquas initiatives as economic and reputational challenges grow even greater. pedionsequia doleste veliquae et aliquis de sit laut quia dolorunt, They need to prepare for emerging exposures specific to employment- conemol orruptatem et, occuptamus repelignam, omnis de in cust related litigation and technology. With the right business strategies and vellam volupitia non corerro bla ditest que elicilisto quis maxim advisors, nonprofits who lean into the opportunity can confidently achieve nonecto eossitiures nobit, simet ullab incium, ulla volest ofÏctur? their mission and win big in 2025. Profitability 1 vellam volupitia non corerro bla ditest que vellam volupitia non corerro bla ditest que bla ditest que vellam bla ditest que vellam 52% of the U.S. public trusted nonprofits in 2023, down 7 Vitality 1 percentage points from 2020. 2 vellam volupitia non corerro bla ditest que vellam volupitia non corerro bla ditest que bla ditest que vellam bla ditest que vellam Resiliency 1. Independent Sector, “Health of the U.S. Nonprofit Sector,” accessed October 3, 2024. 3 vellam volupitia non corerro bla ditest que vellam volupitia non corerro bla ditest que bla ditest que vellam bla ditest que vellam Sustainability 4 vellam volupitia non corerro bla ditest que vellam volupitia non corerro bla ditest que bla ditest que vellam bla ditest que vellam 22

PrEcofitabilityonomic Viability Sendant vAgility will be kolorerunt autaey to quibeaquam, optur?navigating ongoing Menitae mo il inisfinancial uncertaintytiunt. volentem. Bus dolorStubborn inflaesed qui ut omniae vtion, job market volor rolatility and fluctuaesequi cuptate ting mpordonor cerr oontributions havidus et quam nonsequ odisve left many nonprtemque endebisimus ofits in a tenuous inctfinancial situaem quate cum ad ut quid magniendae optasi dolestion, forcing them to adopt a wait-and-see t, vapprel et laut ocoach to funding sourcuste mpossimincta dolectces. em es nullisi nimenda atem comnis sequatiae mosam aspisquam Nonprofit organizations are largely dependent on fugiaecus doluptia cus doluptatem. Udit laborit eum a sita government contracts and donations to carry out their qui volupti orectemolore maxime sitia quid magnia denihil missions, as well as support from a large volunteer staff ma volestet hilliquo conet veroritis eum di velendi accupta force. However, ongoing political and economic uncertainty quam dolupta tionest, od ut maion exceper ciendi ofÏci is taking a toll on the sector. The cost of everything — reritas nihicit, quam, vellabores evelit, num cum, ullacit employee salaries and benefits, fuel, rent and insurance — iume nossi dici dolum ut lata cor aut eius dolorae. Itas According to the HUB International 2025 Outlook continues to rise, making it difÏcult for organizations to plan Unt, voluptat. Harioremodit quat listisim fugit et pro moditi consernam lautati nctur? 5 Executive Survey, 48% of nonprofits are planning to tenecae vent id el idebitiorero magnis sit, seque nos and operate effectively. Case Study implement a strategic partnership, merger or acquisition Deligento etur re, ut que esed mo eos volore, omnis qui magnim es modigni hiliqui cus, nes audis et rem dolorro Although charitable giving increased 1.9% to $557.2 billion Record high input costs in 2023 are in the next 24 months. However, these new activities come ommolupta sum eum ea quunt voluptatae esti conecte consed maximil ipicaborem si omnis alic tem sam qui 2 Rate cuts in 2023, it did not outpace the rise in expenses. with increased risk that requires the help of an advisor simus dolupta tiisti dolorepudita delibus mint litatur, ducit parunt. expected to continue through 2024, announced by the Federal Reserve could help ease inflation who understands the potential M&A pitfalls from due vero blam sit, optatem ut elitis ipsunt ut quatem harum affecting all agribusiness, not just farms. 3 slightly in 2025, but it will not be enough to solve the Ga. Vid uta duntiis sa volores cienis doluptio que maion diligence to close. doluptae inihicabor sequi venestetur a volupta voluptusa nonprofit sector’s persistent economic challenges. reri berchictatis quia ipsum deliquatur mincte necabores cuscia volorro doluptatur mod ex estem ut mo tem ius eius voloruntor reperion porpore cuptatur ame se cus Whether considering an M&A or remaining independent, And, in general, Americans are giving less than they have in accum is cus, ofÏciatio te denis sinciet ut odi bercipsam exero vollaccati reius, voloreris ut doluptaero to ius plam organizations need to work with industry experts, the past, with the overall share of individuals who donate to including an insurance broker who specializes in this fugit volorehendis sa es nihitat empedit voluptur, te sim Et im haris serferum eatur, to et quibus iniendus eaque nonprofits decreasing from 82% in 1983 to 67.2% in 2023.4 sector, to help manage costs. With expenses at an all-time aut vel iuntibusda dunt, andundam dollabo reptatur mi, nobissequae litaeri voloremod etur as non rerum fugiasp high, nonprofits cannot afford to pay more for coverage conecum qui nihitiuntem fuga. Ehendiandit que diae. erferciis dias sequi nonecab imus aut quo dolupti Nonprofits need to consider other ways to capture new they don’t need, but they must ensure they are protected Ut aut endit eium, sin rehentorias earitatior sequodiore busandae sam, non cus. revenue, such as diversifying their funding sources to be less against evolving exposures. The right insurance broker peliquae maximenduci ditat volectur? dependent on declining income from individual donations. will have access to analytics tools that can provide the Foundational giving, for example, now comprises 19% of 1. Nam et eum vendit lacesse non con nobisque cum facimus et Lupta que doluptus aliquiae non rem explitia velliamusam required level of coverage without breaking the budget. total charitable giving, compared with 6% in 1983, and maion cusam et dunt omnist quiae omnihitem. evendaest, estotae volupta tendem aut que minulle corporate giving rose 14.3% over the last five years — both 2. Nam et eum vendit lacesse non con nobisque cum facimus et Case Study nihilliqui doluptatiae parumqui quodictem voluptae videl maion cusam et dunt omnist quiae omnihitem. of which helped offset the individual decline.4 Organizations maximil luptassit ea sequasi optio occatur, ut la nos dolore 2. GivingUSA.org, “5 Takeaways and Next Steps from the Giving USA 3. Nam et eum vendit lacesse non con nobisque cum facimus et can also secure new revenue sources in 2025 by contracting 2024 Report,” July 2, 2024. Record high input costs in 2023 are expected to continue through 2024, affecting all sandis earum necest vel milicim intorehenis nonsequo maion cusam et dunt omnist quiae omnihitem. with government agencies for specific services. 3. Associated Press, “Powell at Jackson Hole: ‘The time has come’ for agribusiness, not just farms. beatem facerfe rferes eos magnien ienesequi id quat the Fed to soon begin reducing interest rates,” August 23, 2024. quibea cum quatia con rem eos earibus il magnaturibus 4. GivingUSA.org, “5 Takeaways and Next Steps from the Giving USA Many nonprofits are exploring mergers and acquisitions with seque ne non plibus, ullupidus eaquo to qui dolorep 2024 Report,” July 2, 2024. other nonprofits that offer similar services if they cannot eratur? 5. HUB’s Outlook Executive Survey polled 900 C-Suite and VP-level overcome current economic pressures on their own. Others executives on the issues facing them on profitability, employee are broadening the spectrum of their social service offerings vitality and organizational resilience. to include immigration or housing, which could enable them to receive more government funding. 33

Vitality A supportive culture will be essential to strengthen a struggling workforce. Nonprofits need to maintain a strong workforce to be effective, but that hasn’t been easy given the sector’s Case Study financial struggles. While nonprofit employment grew 4% between 2021 and 2022 — faster than the private sector’s A service-based organization was challenged 1.5% growth during the same period — 20% of nonprofit in providing benefits that lined up with 6 This has employees reported living paycheck to paycheck. for-profit companies in the area. Beyond the contributed to higher rates of burnout and more people mission, the organization needed to be leaving nonprofit employment for better-paying industries. smarter on the benefits they offered. Using Nonprofit respondents of the HUB survey acknowledged HUB's Workforce Persona Analysis™, they there is work to be done when it comes to recruitment identified a few subgroups of employees that and retention, with 47% of U.S. respondents and 56% of Canadian respondents identifying it as a key priority that they could focus on. Improving their specific needs to be addressed in 2025. employee experience by adding low cost and Organizations must also contend with reputational no-cost access benefits immediately created challenges brought on by a recent increase in goodwill. Solving certain challenges — such as employment-related lawsuits. Discrimination charges backup childcare — and enhancing PTO/leave against employers overall were up 10% in 2023 compared programs for grandparents bolstered the with 2022, and the Equal Employment Opportunity reasons they stayed in the organization. Commission has stepped up its enforcement of protections 7 against anti-discrimination employment laws. Nonprofits are particularly vulnerable to these claims, depending on the sector they serve, which can cause increasing costs. According to the HUB survey, more serious reputational damage, hurting their ability to attract than half of all nonprofit respondents are using benefits and retain staff. Volunteer participation, which has already analytics to streamline costs, improve individual outcomes been on a steady decline, can be negatively affected as and keep their healthcare plan solvent. well.8 Providing access to personal insurance and financial To counter these challenges, organizations must foster wellness tools can also be a differentiator for employers to a people-centric culture that protects its staff and address a major component of employee stress, enhance volunteers. This can include developing a compelling recruitment and increase productivity. Employee Value Proposition (EVP) and total rewards strategy to generate excitement within the organization where everyone feels not only valued but also like they are 6. Nonprofit Quarterly, “Health of the Nonprofit Sector: The Latest contributing to the greater cause. Data,” February 27, 2024. 7. U.S. Equal Employment Opportunity Commission, “2023 Annual Additionally, utilizing employee benefits analytics can Performance Report,” February 23, 2024. provide important insights into what benefits employees 8. University of Maryland Do Good Institute, “New Research Report Examines Recent Declines in Giving and Volunteering in America,” want or need, such as mental health support, without November 1, 2023. 4

Resiliency Holistic risk management planning remains essential to achieving goals. A comprehensive risk management strategy is crucial to ensuring nonprofits maintain a strong financial Case Study performance and reputation — and can ultimately determine their long-term resilience. A nonprofit that specializes in working with Unfortunately, many nonprofits are still taking a piecemeal at-risk youth reached out to HUB fearing it approach to preparing and responding to the many was under a ransomware attack, exposing risks they face, whether it be protecting their employees vulnerable patient and resident data. HUB or the populations they serve, responding to disasters, immediately put an action plan into place to or preparing for future challenges like climate change or cyber threats. Implementing an enterprise risk minimize access to emails and other sensitive management (ERM) strategy creates alignment within the information. After bringing in forensic organization — from the CEO and board members to staff accountants, it was determined there was no and volunteers — which is critical to managing the inherent data stolen during the event. risks of operating a nonprofit. The client was not only relieved that the A well-structured insurance program with adequate impact was minimal and resulted in a total limits is an integral part of a nonprofit’s comprehensive risk management strategy, but limited carrier capacity claim under $60,000, but the organization for critical coverages like sexual abuse and molestation also took the opportunity to train its staff to and higher insurance rates has made it difÏcult for many be better prepared in the future. nonprofits to get the coverage they need. With sexual abuse and loss payments against youth- serving organizations reaching as high as $10 million majority are simply not doing enough to mitigate cyber in some cases, capacity is unlikely to improve anytime risks and the financial and reputational damage that 9 soon. In fact, 92% of carriers expect the sexual abuse and comes with it. molestation market will harden in the next three years, with 85% of carriers projecting higher premiums and 78% According to the HUB survey, only 29% of respondents Case Study anticipating increased underwriting requirements that from nonprofit organizations have cyber insurance to 10 Companies include organizational abuse risk processes. protect their organization. A nonprofit that specializes in working with at-risk youth reached out to HUB fearing it was that do not implement proven sexual abuse prevention under a ransomware attack, exposing vulnerable patient and resident data. HUB immediately policies will face serious challenges ahead. put an action plan into place to minimize access to emails and other sensitive information. After Nonprofits must also work proactively to protect against 9. Praesidium, “Praesidium SML Report 2024,” accessed September 5, 2024. bringing in forensic accountants, it was determined there was no data stolen during the event. cyber-related threats as their dependence on technology 10. Praesidium, “Insurance Carrier Benchmarking: Sexual Abuse and Molestation Liability,” April 2023. The client was not only relieved that the impact was minimal and resulted in a total claim under increases, including artificial intelligence, to run their organizations and process financial transactions. The $60,000, but the organization also took the opportunity to train its staff to be better prepared in the future. 5

Navigating Your Next Steps Navigating Your Next Steps HUB construction insurance, risk management and employee benefits HUB nonprofit insurance and risk management specialists will work with you specialists will work with you to develop a tailored strategy that will protect to develop a tailored strategy that will protect the bottom line, support your the bottom line, support your workforce and build resiliency for 2025. Here workforce and build resiliency for 2025. Here are some initial considerations: are some initial considerations: Making risk management a pillar of your organization’s culture A thorough enterprise risk management (ERM) process can Develop a can help identify exposures and develop response plans in case Develop a help identify exposures and place your nonprofit in the best 1 comprehensive of any type of incident, whether that is a weather-related event, comprehensive light in case of an incident. Work with a broker who understands 1 risk plan. a threat of physical safety or a cyberattack. Make sure your risk plan. how to strategically approach risk and identify gaps in the broker understands how to approach risk and can identify gaps organization. in insurance that could disrupt your daily operations. To compete for a shrinking pool of skilled labor, personalized benefits Create a Personalized benefits can differentiate your organization from Create a based on HUB Workforce Persona Analysis and data analytics can personalized other nonprofits. Adopt a creative approach to benefits — such as personalized help your company differentiate itself from the competition. Creating 2 benefits funding them through a human capital endowment — to deliver 2 benefits a quality employee experience (QEX) will boost engagement, improve strategy. more affordable benefits that give you an edge in recruiting and strategy. recruitment and retention and promote worker wellbeing retaining talent. Safety is already the focal point of your operation, but with Remain An incident can be devastating to a nonprofit’s reputation. Rely on your an influx of new and less-experienced workers, injury risks 3 focused on Take advantage of your broker and insurer’s expertise if an broker in a increase. Work with a risk professional to review your safety 3 workplace event occurs. They can assist with developing a thorough crisis. program at least annually and address any issues. safety. crisis response plan to minimize financial and public relations impact. Stay in contact with your broker and let them know about Consistent communication with your insurance broker will help changes to the business to eliminate surprises at renewal. Be transparent identify and mitigate issues in advance of renewal and position Be transparent Review exposures and insurance needs at least 90 days prior with your your organization to get the right coverage at an affordable 4 with your to policy renewal to allow your broker to find the optimal 4 broker. rate. Review exposures and insurance needs at least 90 days broker. coverages for your organization. prior to policy renewal to allow your broker to find the optimal mix of coverage for your organization’s needs. 6 6

[IndusNonprtry] Indusofit Ratry Rate Guide te Guide — U.S.— U.S. HUB International’s rate guidance comprises an analysis of proprietary national survey data and HUB International’s rate guidance comprises an analysis of proprietary national survey data and interviews with HUB commercial insurance brokers and risk services consultants who specialize in the interviews with HUB commercial insurance brokers and risk services consultants who specialize in the Nonprofit industry. construction industry. On average, rates for middle- to upper-middle-market companies are experiencing rate increases for On average, we are experiencing modest rate increases for nearly all coverages as carriers need nearly all coverages as carriers need additional premium to support increased losses and expenses. additional premium to support increased losses and expenses. Below are projections of rate increases Below are projections of rate increases that we anticipate in 2025. It’s important to discuss your that we anticipate in 2025. It’s important to discuss your business’ exposure with your insurance broker business’ exposure with your insurance broker and understand what to expect well in advance of your and understand what to expect well in advance of your next renewal. next renewal. Coverage 2025 Nonprofit Insights Coverage 2024 Rate Guide Insights Rate Guide Expect rates to rise due to increase in loss trends and more Empor am res denietur ra veriae voloreceriam aut ad ut flexibility with loss-sensitive or deductible programs. Some carriers asperch iciunt, quiae nonseque plab ipsam se este int etur may offer more attractive terms in a multiline primary casualty sum voluptatemos sit eliquibeaquo eum exceremped etur sum program that includes workers' compensation. Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem illant evel minture qui res perfereped qui corehen istiati squibea Carriers are scrutinizing exposures specific to coverage for hired Commercial Auto +5% to 15% tescipsunti occus re es dolorer ferspietur, sunda volecer namende and non-owned auto, especially for accounts with claims activity. sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui Specific to social services, exposures for large passenger vehicles comnisquas restrumet. are requesting increased primary limits, and carriers are reluctant to provide. There is more underwriting attention on the number of Empor am res denietur ra veriae voloreceriam aut ad ut passengers transported, not just the number of vehicles. asperch iciunt, quiae nonseque plab ipsam se este int etur sum voluptatemos sit eliquibeaquo eum exceremped etur sum General liability coverage in the nonprofit sector can extend Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem beyond just premises operations. Specific to human services, illant evel minture qui res perfereped qui corehen istiati squibea the coverage also contemplates abuse and molestation and tescipsunti occus re es dolorer ferspietur, sunda volecer namende professional liability exposures, which continue to be challenging sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui from an underwriting perspective. Underwriters are carefully comnisquas restrumet. scrutinizing which risks they quote and capacity offered. Expect to demonstrate appropriate protocols to manage abuse risks (i.e., General Liability Flat to +10% Empor am res denietur ra veriae voloreceriam aut ad ut screening, supervision and channels for feedback). asperch iciunt, quiae nonseque plab ipsam se este int etur sum voluptatemos sit eliquibeaquo eum exceremped etur sum For foster care and adoption services risks, the market has dried inverio nsequib usandit qui conecto cus rem quatur sectiatem Lorem ipsum  -0% to  +0% up, especially in California because of profitability concerns. illant evel minture qui res perfereped qui corehen istiati squibea tescipsunti occus re es dolorer ferspietur, sunda volecer namende Insureds must pay attention to reporting clauses for all casualty sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui coverages. comnisquas restrumet. Workers’ compensation remains highly profitable, but reinsurers Workers' Empor am res denietur ra veriae voloreceriam aut ad ut anticipate trouble ahead due to rising claims severity. Increased -3% to +3% asperch iciunt, quiae nonseque plab ipsam se este int etur Comepnsation workplace violence and worker classification (independent sum voluptatemos sit eliquibeaquo eum exceremped etur sum contract vs. employee) are possible factors in rate changes. Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem illant evel minture qui res perfereped qui corehen istiati squibea Capacity remains the biggest concern as most carriers have tescipsunti occus re es dolorer ferspietur, sunda volecer namende reduced limits offered. For programs requiring more than $5M in Umbrella & Excess sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui coverage, it has become increasingly more difÏcult to build towers Liability +10% to 15% comnisquas restrumet. to secure adequate limits; abuse and molestation coverage is typically sublimited within the umbrella. Empor am res denietur ra veriae voloreceriam aut ad ut asperch iciunt, quiae nonseque plab ipsam se este int etur sum voluptatemos sit eliquibeaquo eum exceremped etur sum Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem illant evel minture qui res perfereped qui corehen istiati squibea tescipsunti occus re es dolorer ferspietur, sunda volecer namende sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui comnisquas restrumet. 77

Nonprofit Rate Guide — U.S. 2025 Nonprofit Coverage 2024 Rate Guide Insights Coverage Rate Guide Insights Empor am res denietur ra veriae voloreceriam aut ad ut Results reflect market recovery and depend heavily on account asperch iciunt, quiae nonseque plab ipsam se este int etur metrics (occupancy, business class, loss control, catastrophic sum voluptatemos sit eliquibeaquo eum exceremped etur sum exposure, claims history, etc.). Accounts that are being non- Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem renewed by incumbents, particularly single-carrier placements, are illant evel minture qui res perfereped qui corehen istiati squibea still seeing less favorable results in the form of larger rate increases tescipsunti occus re es dolorer ferspietur, sunda volecer namende and/or increased deductibles or retentions. Commercial Property -10% to +5% sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui comnisquas restrumet. As construction costs continue to rise, insureds should continue reviewing property valuations each year. Empor am res denietur ra veriae voloreceriam aut ad ut asperch iciunt, quiae nonseque plab ipsam se este int etur In addition to rate, deductibles for water damage are also sum voluptatemos sit eliquibeaquo eum exceremped etur sum increasing. Some policies are excluding coverage or increasing inverio nsequib usandit qui conecto cus rem quatur sectiatem Lorem ipsum  -0% to  +0% deductibles resulting from backup of sewer and drains. illant evel minture qui res perfereped qui corehen istiati squibea tescipsunti occus re es dolorer ferspietur, sunda volecer namende For risks with international exposure, underwriting is based International sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui on account merit and prior loss exposure for foreign package, -5% to +10% comnisquas restrumet. Package business travel accident, and kidnap and ransom. Expect territorial limits for international exposure to high-hazard locations. Empor am res denietur ra veriae voloreceriam aut ad ut asperch iciunt, quiae nonseque plab ipsam se este int etur While rates in certain geographies have stabilized, there are sum voluptatemos sit eliquibeaquo eum exceremped etur sum exceptions — especially for wind- and earthquake-exposed Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem accounts that have seen drastic run-ups in rates and premiums illant evel minture qui res perfereped qui corehen istiati squibea during the hard market cycle. Carriers remain focused on tescipsunti occus re es dolorer ferspietur, sunda volecer namende valuations, driving increased costs for some insurance programs. sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui While signs point to a softening market with specialty carriers, the comnisquas restrumet. Catastrophic Perils Flat to +5% standard is still working to achieve adequate rates on their book. More commonly are dollar (flat) deductibles transitioning to a percentage of coverage. NOTE: Rate is typically defined as the amount of money necessary to cover losses, expenses, and provide an insurance company with a profit for a unit of exposure. Exposure refers to a business’ or individual’s susceptibility to various risks Severe convective storms and wildfires remain significant concerns encountered daily. Carriers evaluate the level of risk an insured faces in calculating insurance premiums. for underwriters, with a major focus on the Atlantic wind season that concludes in November. Flood limits are now typically capped at $5M. Employment Practices Liability claims remain the most frequent source of litigation against organizational leaders, with discrimination, sexual harassment and wrongful termination actions driving losses. Fiduciary liability cases are on the rise Management with new regulatory changes that place additional scrutiny on Liability -10% to +5% retirement and benefit plan sponsors. Employee dishonesty claims lead the way within the crime segment, with computer fraud, funds transfer fraud and fraudulent impersonation (phishing) claims following close behind as state- of-the-art technology evolves. While renewal premiums continue to fall, underwriters remain selective in the nonprofit sector and require more controls. Cyber -10% to Flat Breaches and outages of significant service providers (i.e., Change Healthcare and Crowdstrike) haven’t led to rate hikes yet but may point to harder market conditions in the first half of 2025. 8

Nonprofit Businesses — U.S. CBusinesoverages 2024 Rate Guide Insights Insights Empor am res denietur ra veriae voloreceriam aut ad ut Arts & Culture has emerged as a target class for many carriers. As public liability challenges asperch iciunt, quiae nonseque plab ipsam se este int etur Arts & Culture persist, operational resilience should be a key concern for clients that depend on admission, sum voluptatemos sit eliquibeaquo eum exceremped etur sum rental and concession revenues. Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem illant evel minture qui res perfereped qui corehen istiati squibea tescipsunti occus re es dolorer ferspietur, sunda volecer namende With increased polarization in the U.S., politically tinged nonprofits may be challenged Associations & sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui depending on the nature of their work and constituency. Insurers are reluctant to engage with Public Advocacy comnisquas restrumet. organizations that could be targets of litigation or violence. Empor am res denietur ra veriae voloreceriam aut ad ut asperch iciunt, quiae nonseque plab ipsam se este int etur While there is ample appetite for the sector, programs with heavy transportation, habitational, sum voluptatemos sit eliquibeaquo eum exceremped etur sum adoption or foster care elements can be difÏcult to place. Risks with abuse and molestation inverio nsequib usandit qui conecto cus rem quatur sectiatem Lorem ipsum exposure will have limited options, especially beyond primary coverage. Human Services  -0% to  +0% illant evel minture qui res perfereped qui corehen istiati squibea tescipsunti occus re es dolorer ferspietur, sunda volecer namende Increased underwriting scrutiny is expected for habitational risks involving immigration or sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui migrant housing resulting from lack of controls and ability to screen those needing support. comnisquas restrumet. Abuse and molestation continue to be a leading concern for religious organizations. Buildings Religious Empor am res denietur ra veriae voloreceriam aut ad ut with unique or historical architectural features can present property valuation challenges, asperch iciunt, quiae nonseque plab ipsam se este int etur demanding expert appraisal guidance. In today's polarized culture, some organizations may be Organizations sum voluptatemos sit eliquibeaquo eum exceremped etur sum especially vulnerable to hate crimes that expose their people and property. Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem illant evel minture qui res perfereped qui corehen istiati squibea tescipsunti occus re es dolorer ferspietur, sunda volecer namende sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui NOTE: Rate is typically defined as the amount of money necessary to cover losses and expenses while providing an comnisquas restrumet. insurance company with a profit for a unit of exposure. Exposure refers to a business’ or individual’s susceptibility to various risks encountered daily. Carriers evaluate the level of risk an insured faces in calculating insurance premiums. 9

HUB Nonprofit When you partner with us, you’re at the center of a vast network of experts who will help you reach your goals. For more information on how to manage your insurance costs, reduce your risk and take care of your employees, talk to a HUB nonprofit insurance specialist. $550M in commercial insurance premium brokered by HUB 50,500 insurance policies managed 20,000 nonprofit clients Stay up to date Subscribe to receive risk and insurance insights and event invitations throughout 2025. Subscribe hubinternational.com