Not-for-profit organisations carry unique yet significant risks, making it critical to get the right insurance cover. At Acacia Insurance, we know how difficult it can be to get the right insurance solution to meet the needs of your not-for-profit or charity organisation. That’s why we take the time to really get to know you and leverage our industry expertise and experience to help you protect the important work that you do.
But you don’t have to take our word for it, find out what it’s like to be an Acacia Insurance client from our client, ParaQuad.
Not-for-profit insurance: ParaQuad charity case study
ParaQuad is a wonderful organisation that provides support to people of all ages impacted by disability to help them achieve their ambitions. ParaQuad’s purpose to provide support for the community resonates in everything they do, and we are delighted to work alongside such a passionate organisation. Find out more about the charity by visiting here.
We want to share ParaQuad’s testimonial below regarding Acacia Insurance so that you can get a better understanding of our process and results.
Our approach to finding insurance cover for charity organisations
Our professional and thorough process begins with gaining a deep understanding of who you are and how you operate.
ParaQuad CEO David Clarke says:
“From the outset we were impressed by the time you took to understand how we operate and the key challenges facing us from the perspective of securing appropriate cover. Equally, your analysis of our current insurance cover and premiums was deep and clinical. This allowed the development of a very clear investigation checklist.”
“Acacia then took a broad approach in identifying and qualifying potential insurers. Our current insurers were included in the mix, with other providers added in. An interesting aspect was that you included a speciality insurer that provides specific coverage to our sector. This provider was not one we could have identified and therefore the breadth of providers and the spread of their offers were more diverse than we had previously considered.”
How we ease the insurance decision-making process for not-for-profits
We work with insurance providers to simplify your decision and ensure you have all the information you need going forward. As Clarke says:
“Your brief to potential providers was obviously effective as the response back to us was coherent and allowed for direct ‘apples for apples’ comparison. In that respect, the decision-making process was relatively easy. Given the size of premiums and the risk exposure, this was a matter for Board approval. Acacia maintained excellent and ongoing information flow to our Board and directly presented your findings. This meant sign-off was straightforward and rapid”.
We use our specialist knowledge to your advantage
As specialists in finding insurance providers for charity organisations, we use our expertise to make recommendations suited to your not-for-profit. As noted by Clarke:
“On our behalf you negotiated effectively, both lifting the quality and breadth of our coverage. At the same time the premiums quoted to us came in at a most acceptable level. Achieving both an improvement in cover and great premiums is a difficult double act to achieve, but you did just that. A further positive was your recommendations to extend the coverage period beyond the traditional 12 months. This was brilliant and gives us certainty over our insurance budget for longer as well as locking down these excellent rates”.
“We are pleased to recommend the services of Acacia to any prospective clients.”
At Acacia Insurance, we feel a great sense of fulfilment when working with not-for-profit organisations to create the best insurance solution and risk management programme. To find out more about who we are and how we can meet the insurance needs of your not-for-profit organisation, contact us today.
To learn more about how we service a range of industries and organisations, read more of our testimonials from other Acacia Insurance clients.