How AlphaPRO Improves Nonprofit Insurance
The insurance process remains the same. What changes is the economics of the brokerage relationship.
AlphaPRO provides the coverage placement, carrier access, service, claims support, and renewal management nonprofits expect from their insurance broker. Behind that conventional process is a fundamentally different corporate structure: AlphaPRO clients are equity partners and share in brokerage profits.
Here’s how it works.
Step 1 – Business as UsualYour Insurance Process Stays the Same
AlphaPRO operates as a conventional commercial insurance brokerage. Policies, carriers, coverage structures, claims support, certificates, renewals, and day-to-day service continue just as they do today.
No new insurance process. No additional administrative burden. No change to how your organization purchases or manages its insurance.
Step 2 – Behind the ScenesHow Insurance Brokers Make Money
Insurance brokerages earn revenue through commissions or fees associated with the insurance they place on behalf of their clients. AlphaPRO operates the same way.
In a conventional brokerage, the financial benefit of that revenue remains with the brokerage and its owners. At AlphaPRO, the clients are the owners.
Traditional structure
Nonprofit pays premium
Broker places coverage
Broker retains commission
Nonprofit receives coverage
Step 3 – ParticipationYour Organization Shares in the Financial Success
AlphaPRO clients are equity owners in the brokerage and participate directly in its financial success.
AlphaPRO distributes 50% of its annual net profits to its nonprofit client-owners. Each organization’s share is prorated based on its contribution to AlphaPRO’s brokerage revenue.
No capital investment. No management responsibility. No additional administrative burden. Your organization shares in the value its insurance business helps create.
AlphaPRO structure
Nonprofit pays premium
Broker places coverage
Value generated through brokerage
Nonprofit client shares in the outcome
501(c) DroP PODCASTTurning Your Insurance Bill Into Unrestricted Revenue
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See what AlphaPRO could mean for your organization.
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