Nonprofit Insurance Trust
Providing complete commercial package insurance policies to Minnesota's 501c3 nonprofit organizations
Alternative Risk Management for Minnesota's Nonprofits
A MINNESOTA 501c3 NONPROFIT ORGANIZATION
- Managed by an elected 9 member Board of Directors composed of the membership.
- Premium savings of 15-40% compared to traditional insurance carriers
- Coverage available not offered by traditional carriers
- No Shareholders! As a member, you own part of the group!
- Reinvesting all member premiums back to Minnesota
- Approval by NIT Board of Directors required to join.
- A program developed by nonprofits for nonprofits!
Trust Administration Services Provided By -
Providing alternative insurance solutions to Minnesota Nonprofits since 1994
If you are a 501c3 Minnesota nonprofit organization who strives for excellence in producing effective safety programs, return to work programs, and are willing to work with our loss control representatives to provide a safe/suitable work environment, this program may be for you!
Our criteria for underwriting potential applicants includes a strong desire and motivation to have successful injury management programs within their respective organizations. Having these types of programs in place is a proven record in minimizing injuries, lost time for employees, and a general overall reduction in workers’ compensation premiums.
Nonprofit Insurance Trust - Workers' Compensation Pool
The NIT-Workers’ Compensation Pool is a program which generated from the formerly known, Minnesota Nonprofit Employers Workers’ Compensation Fund, starting in 1995, and developing into one of the largest self-insured workers comp programs in the country.
There are over 160 members in the WC pool, several who have benefited from the group for more than 15 years. The members of the Fund, transferred into the NIT-WC Pool and became the founding members of NIT on August 1, 2010.
21021 Heron Way, Ste 103 Lakeville, MN 55044 Ph: (952) 469-5963 Fax: (952) 469-4553 Email: email@example.com
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