Insurance can play a key role in protecting your charity or community organisation and the income it needs to generate. Some types of cover may be essential and can be a legal requirement for a charity with staff. Other types of insurance safeguard a charity’s finances by insuring property, indemnity or liability risks.
Whether you run a community project or a niche counselling service, charities come with unique risks. That’s why we’ve partnered with third sector insurance broker Ladbrook Insurance to run a free, online workshop on the subject of risk and insurance for Nottingham’s Voluntary, Community and Social Enterprise (VCSE) sector.
Is Your Insurance Appropriate?
This one-off event, called ‘Is Your Insurance Appropriate’, will be run by Tim Larden, Managing Director of Ladbrook Insurance (pictured right). Tim has worked in the insurance industry for over two decades and specialises in providing quality insurance advice to charities, community and voluntary groups, and social enterprises.
The workshop will run online via Zoom on Thursday 20 May 2021, from 10.30am to 12.30pm. It will look at the basics of assessing risk and examine why risk has been heightened as a result of the coronavirus pandemic. There will be the opportunity to ask questions throughout, and Tim will also seek input from attendees on subjects they would like to cover, such as planning events, working with young or vulnerable service users or who is likely to be liable when using a third-party premises.
Tim said, “It’s really important for third sector organisations to understand risk and have the correct insurance in place to cover them. Many voluntary groups are formed from a specific need within a community. The people that come together to meet this need can come from a variety of backgrounds. This is why specialist advice about the risks that you face is important.
“We operate increasingly in a litigious society. When a member of the public or a volunteer is injured, it is not uncommon that they might seek redress from the organisation involved. Other risks include allegations made against individual trustees, fraud and the failure of advice. We will cover a range of these topics during this session and have time to address specific points that you would like raised.”
This workshop will be relevant for anyone in a position of influence regarding insurance matters for charities, community groups and not for profit organisations.
How to book
If you are interested in attending, please book your place here.
If there is a subject or specific question you would like to be covered, please let us know. Contact our Group Development Officer, David Saunders, by emailing firstname.lastname@example.org