September 17, 2013
Gene Guilford of the gbac Association Practice Group and Rob Hart of the gbac Property & Casualty Group announced today the launch of an Association Directors and Officers liability insurance program.
“Our association paid D&O insurance premiums for decades and never filed a claim,” said Guilford, and added “…there needs to be a better way to insure associations, directors & officers and staff against their risks while reducing costs and taking advantage of the fact that literally thousands of associations pay these costs.”
The gbac/APG/P&C effort begins with collecting data from associations. The web-based, anonymous survey is found here: http://GBAC-Association-insurance.questionpro.com
On behalf of associations, the Association Practice Group will work toward a group solution to D&O costs and other association risk management challenges. With thousands of associations paying tens of millions in premiums, there is much we can do.
Associations are encouraged to take the two minutes required to complete the survey and the APG will take the aggregated data and work towards a group D&O program for all.
Gene Guilford firstname.lastname@example.org
Rob Hart email@example.com