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2021 AICPA & CIMA National Tax & Sophisticated Tax Conferences with Private Foundation Summit


PFS2110 - Risk and Insurance Climate in 2022: Trends, Pitfalls, and Lifelines


Nov 18, 2021 1:35pm ‐ Nov 18, 2021 2:25pm

Description

Insurance is a form of risk-financing. Insurance program oversight is a key responsibility often fulfilled by the Foundations finance team. 2021 has been a turbulent year regarding insurance. We will present pricing and litigation trends to capture an outlook for 2022 and shine a light on key risk areas for foundations to consider when managing risk.

We will provide insight on how to manage these key risks for foundations and provide strategies to help demystify the private foundation in the eyes of an insurance company underwriter. Yes, Foundations are vastly different from the organizations you support through your missions of giving. We know this, insurance companies often do not.

Learning Objectives:
  • Discover pricing and claims trends and how they can help provide an indication of what to expect in 2022
  • Lean how to best position your foundation for a successful insurance renewal with insurance companies
  • Discuss risks that are Foundation specific and ways to manage these risks

Speaker(s):

Category: General Session (Onsite and Online)

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