Insurance and risk

Organisations should always consider the risks that arise from operating and interacting with others. Risks might involve clients, employees, the public and members.

Risk and insurance
Our video introduces the key considerations around risk and duties. Managing risk and insurance commonly raises concerns in not-for-profits. There are many resources available to assist groups to undertake risk assessments and invest in appropriate insurance.
Your organisation may need to develop a risk-management strategy, which could include insurance as well as practical steps that can reduce risks.

It is important to include risk assessment as a standing agenda in a community organisation, and whenever new relationships or activities are undertaken, make sure new risks are considered. Sometimes new insurance will need to be purchased or extended, or there may be other steps your organisation can take to alert people of risks and reduce the likelihood of a risk eventuating.

Not-for-profit Law's Risk Management and Insurance Guide can help your organisation identify and address risks. There are other types of risks to consider covered in this topic like OHS, negligence, PPSR and risks involving employees.

Also see our COVID-specific webpage where we have answered questions about insurance coverage during the pandemic.

Whistleblower protection laws

If Whistleblower protection laws under the Corporations Act 2001 (Cth) (Corporations Act) apply to your organisation, you should consider how to manage any risks that this may present.

Our fact sheet on whistleblowing covers:

  • what is whistleblowing?
  • who is protected as a whistleblower? 
  • an overview of the whistleblower protection law?
  • do the whistleblower protection laws apply to your organisation?
  • key responsibilities of not-for-profit organisations and their officers under whistleblower protection laws
  • when is a whistleblower policy required?
  • offences and penalties for failing to comply with whistleblower protection laws