Do you know if you have enough insurance in place for your organisation to cover every eventuality?

Charities, just like all businesses, need to safeguard their assets. Ensuring that you have the correct insurance in place is one of the ways you can do that.

Charities come in all shapes and sizes and their insurance needs will vary accordingly. What your organisation does will shape the kind of insurance you need. Here’s some food for thought when considering insurance:

• Do you have contact with members of the public?
• Do you offer a service or advice?
• What is the structure of your organisation?
• Do you have employees and volunteers?
• Do your trustees need indemnity insurance and what is it?
• Do you own buildings and are they hired out?
• Do you own vehicles or specialist equipment?

There’s a lot to think about in terms of insurance especially when you consider that charities are evolving all the time. It’s important to regularly review your insurance policies to ensure you have the right cover for your current situation.

How can we help?
Community First Yorkshire is hosting a network meeting for finance staff and treasurers on 19 January 2023 where we will be looking at insurance for charities.

A representative from McClarron Insurance will be joining us at this meeting to talk through the types of insurance charities may need to consider and to answer your questions.

There will also be an opportunity to explore this and any issues you’re currently facing with peers and to raise any issues or concerns you may have about any aspect of finance in your organisation.

If you have any specific questions you would like to put to the network, please submit these before the meeting.

Book your place here.