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CANADIAN ASSOCIATION PROGRAM (CAP), PROVIDES INSURANCE EXCLUSIVELY FOR REGISTERED CHARITIES AND OTHER NOT-FOR-PROFIT ORGANIZATIONS.             A COMPREHENSIVE PACKAGE OF PROTECTION PROVIDING PROPERTY, CRIME, GENERAL LIABILITY AND DIRECTORS' & OFFICERS' LIABILITY COVERAGE.                                                                         YOU ARE 1 OF 13 CURRENT VISITORS TO THIS WEBSITE.                                    



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Loss Prevention

Loss prevention strategies for the operations of board meetings and the board members are important in managing the risks directors are exposed to.  The areas dealing with organization loss control are as follows:

Organizational Management Non-profit organizations should be managed similarly to profit focused corporation.
General Principles Boards should take heed of the Business Judgment Rule!
Board Composition Attributes of Directors
Independent Directors.
The size of the Board.
Self-Evaluation.
Board Education Mission of the Organization.
Legal Orientation.
Training Seminars.
Internal Guidelines.
Director Actions Procedural Considerations.
Presentation of Information to Members.
How meetings should be conducted.
Documentation of Meeting.
Responsibility Delegation Board Committees,
Management Delegation.
Staff Selection and Overhead Controls.
Reliance defense.
Use of Legal Counsel.
Interest Conflicts Even an appearance of a conflict of interest is bad.
Legal Protections Maximize Indemnification Protections.
Retain Documents.
Conduct a Legal Audit.


 









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