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Guest blog: Event liability tips from The Co-operators

Hosting an event can be an important part of any nonprofit’s activities; whether it’s to build awareness about your organization or to fundraise for a specific cause. Making sure you have the right insurance coverage for your event is important to protect you and your organization. But what kind of insurance do you need? Does your Commercial General Liability (CGL) policy cover your event?

Depending on the nature of your event, there are a couple of options available. For single or multi-day events, it may be best to purchase a Party Alcohol Liability (PAL). This coverage is available with or without the service of alcohol. Any claims from this event would be made against the PAL policy; therefore, protecting the claims experience of your organization’s CGL policy. This policy needs to be in place ahead of your event and there is an additional cost for the policy.

If you host events more frequently, insuring your events as a part of your CGL policy may be a better fit; provided that your insurer is aware. By doing so, you are not required to submit a new application for every event that you host, but in some cases, it could increase the cost of your policy.

No matter the event, your insurance advisor is there to help make sure you have the right coverage – it’s always best to discuss the details of your event with them ahead of time.

If you have questions or would like to learn more about insurance for nonprofits, please don’t hesitate to contact us or visit our website.

Dominique Nadeau

The Co-operators

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Member Spotlight: Edmonton Chamber of Voluntary Organizations (ECVO) educates nonprofits about ‘risky business’

In Alberta’s nonprofit voluntary sector, usually, our top priority is social good. We try our best to make our communities more vibrant, safe and overall better places to live for all Albertans. But, while we have good intentions, we may not always realize the unintended risk that comes with the work we do.

Risk for nonprofits can range from volunteer screening to human resources, working with disadvantaged populations to program failure, reputation management to legal liabilities and inappropriate insurance coverage, everything in between and more. But, what do we do when the unexpected happens and we don’t have the required tools, resources or plans to mitigate and overcome the risk?

The many ways ECVO educates nonprofits about risk

This is why familiarity with risk management is essential when it comes to the operation of any nonprofit or charity. And luckily, there are capacity building organizations like the Edmonton Chamber of Voluntary Organizations (ECVO) that provide education and guidance on not only managing risk, but also foundational knowledge for nonprofits in their community.

ECVO’s ongoing learning events include topics like bylaw refreshers, board member training, human resources training, policy-making, and more. All of which are foundational topics that nonprofits need to know and support risk management strategies.

More recently, risk was the topic at hand at Think Tank Conversations, an initiative that sees the city’s volunteer managers gather regularly to discuss their challenges and co-create solutions.

Author and entrepreneur Paul Shoemaker leading a breakout session at Fail Safe, October 2018.

Participants brainstormed processes and tools to assist them in their volunteer management work, and also completed risk assessment exercises. One key takeaway from their conversations is that risk is unavoidable and the only solution is to be prepared and to have a plan.

And part of the planning process means learning from previous failures. In 2018, ECVO held their first-ever Fail Safe Conference, a conference that creates safe and supportive spaces to discuss various aspects of failure—how it happens, how to learn from it, and how to use it to create success for your organization.

How ECVO manages risk in their programs and services

It is a fitting conference as one risk that ECVO faces most frequently is the potential failure of a program or service according to Russ Dahms, Executive Director at ECVO. “The risk relates to investing resources and not achieving an outcome, as well as possible reputation risk,” says Russ.

So how does ECVO mitigate this risk? “We consult with trusted advisors and may test proposed programs or services with representatives from the intended target market,” says Russ. This is a smart way to trial new programs before investing in a full launch.

What ECVO recommends for your risk management strategy

But programs and services are only one aspect to consider. Russ recommends that as part of your risk management strategy, nonprofits and charitable organizations should include cyber security, and to find a reputable and capable cyber security company to work with.

In addition, Russ suggests that organizations review their policies to confirm that there are sufficient guidelines to support decision making around mitigating risk. He also recommends making sure your insurance provider has a complete understanding of your organization’s activities so that the insurance policy properly covers risk.

“In addition to general comprehensive liability insurance, director and officer insurance is a must,” states Russ. “Cyber insurance is quickly becoming a standard insurance inclusion.”

ECVO intends to offer another workshop on risk management in the fall of 2019, giving nonprofits the chance to learn more about risk management strategies and to be prepared for the unexpected.

The Edmonton Chamber of Voluntary Organizations (ECVO) is a member-based nonprofit organization serving the nonprofit and charitable organizations in the Metro Edmonton Region. Their vision is a strong, vibrant community strengthened by an effective voluntary sector working with government and business.

Looking for more information related to risk management and volunteer screening? Check out our Volunteer Screening Program for more information.

 

Adrienne Vansevenandt

Volunteer Alberta

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How to Recruit and Retain Quality Employees

Healthy and happy staff are more effective and engaged!

One of the biggest barriers for nonprofits to recruit and retain quality employees is the inability to offer valuable and comprehensive compensation packages. We all know it’s not always easy to find affordable, effective ways to increase value in employee packages within nonprofit budget constraints.

“We have had benefits for many years, but our premiums were increasing each year,” says Esther Kesler, Payroll & Benefits Coordinator of the Southern Alberta Community Living Association. “We are always aware of rising costs, and we try to do the best for our staff.”

The Southern Alberta Community Living Association (SACLA) has provided benefits to their staff for 30 years. It’s just one of the ways they retain quality employees and community connectors, who are an integral part of their work providing quality serices for individuals living with a developmental disability.

After several years with another benefit provider, SACLA decided to move to OASSIS, a nonprofit that offers employee benefits specifically for nonprofits. ‘We were looking for ways to save our employees and our organization dollars,” Kesler says. “Being able to offer an alternative option like OASSIS was great.”

Employee benefits not only add value to your staff compensation package, but they also promote the health and wellness of your staff. SACLA offers their team benefits like health and dental, long-term disability, life and accidental death insurance, critical illness, health care spending accounts, and more through OASSIS.

Volunteer Alberta partnered with OASSIS 27 years ago for these exact reasons- to help organization build capacity at a much lower cost. When nonprofits choose other nonprofits as vendors, they support and leverage the buying power and capacity of the entire sector. Social enterprise partnerships keep dollars within our sector’s economy and within the nonprofit communities we serve.

Adrienne Vansevenandt

Volunteer Alberta

If you are looking to save money on your benefits or thinking of getting benefits for the first time, contact OASSIS to find the right plan to suit your organization and employees’ needs.

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