First Nonprofit Fact Sheet
- A mutual company, owned by its nonprofit policyholders. Approximately half of its Board of Directors come from the nonprofit community.
- Rated A- (Excellent) Financial Size VII by A.M. Best and A (Exceptional) by Demotech.
- A fully-regulated insurance company, covered under the state guaranty funds.
- Insures only nonprofit 501(c)3 charitable, religious and educational organizations.
- Headquartered in Chicago and also maintains two regional offices in Maryland and Arizona to manage business in the eastern and western divisions.
- Loss control team, regionally located, provides premise and life safety assessments along with individual consultations and support for our clients’ programs.
- Claims team handles only nonprofit claims, every day. They are knowledgeable and responsive.