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ASAE Launches Association Insurance Platform

ASAE launched the ASAE Insurance Source at its 2017 Annual Meeting & Expo (Aug. 12-15). Created through ASAE Business Services, Inc. (ABSI)—ASAE’s wholly-owned subsidiary—the ASAE Insurance Source is designed to help associations effectively manage their operational and governance risks.

“We can’t promise a hazard free operating environment, but we can help associations tap into the tools, insights and supports they need to successfully manage the risks they face, and the ASAE Insurance Source represents a new approach,” said ASAE President and CEO John H. Graham, IV, FASAE, CAE. “ASAE, through ABSI, has been engaged in this important work for many years. With this new platform, we will be able to sharpen our focus on associations' evolving risk needs and continue to add resources.”

The ASAE Insurance Source will feature “competitively priced” insurance solutions, including the newly enhanced ASAE-Endorsed Nonprofit Directors’ and Officers’ (D&O) Insurance program, the ASAE-Endorsed Association Office Package Insurance program, the ASAE-Endorsed Event Cancellation Insurance program, as well as other insurance offerings exclusively provided by Aon Affinity Nonprofits.

ASAE-Endorsed Professional Errors & Omissions liability coverage exclusively provided by AXIS PRO, a member company of the AXIS group of insurance companies, will also be available via the platform.

“The ASAE Insurance Source is another way that ASAE is delivering on its commitment to engage with and support associations as well as those who work in them,” Graham said.

To learn more about the ASAE Insurance Source, visit absisolutions.com.