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Arch Insurance Group Announces New Coverage for Nonprofit Organizations

Source: Business Wire

Posted on 24 Sep 2010

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Arch Insurance Group (Arch), a member of Arch Capital Group Ltd., recently announced a new state-of-the-art product - Arch Canopy Policy for Nonprofit Organizations(SM).

Nonprofit organizations are increasingly vulnerable to the expanding types of litigation which can have a devastating impact on an organization's ability to continue its mission. Whether a nonprofit is alleged to have had potential conflicts of interest, breaches of fiduciary duty, or regulatory violations, the new Arch Canopy Policy for Nonprofit Organizations(SM) provides strong management liability protection and service.

"Our objective with this product is to try to help nonprofits strengthen their risk management arsenal so that they can focus their energy on achieving the missions of their organizations," said John A. Rafferty - Executive Vice President, Executive Assurance Division at Arch.

Arch Insurance Group Inc. is a member of Arch Capital Group Ltd., a Bermuda-based company that provides insurance and reinsurance on a worldwide basis through its wholly owned subsidiaries. For more information, visit