Last year’s Ebola outbreak and the targeting of aid workers by militant groups such as Islamic State in Syria and Boko Haram in Nigeria sent ripples through the insurance market for nongovernmental organizations.
As risks increased, certain forms of coverage became more expensive, while others — evacuation from some Ebola-affected countries, for example — became near-impossible to honor from a practical perspective.
The problems were more acute for smaller NGOs, although one large charity also told Devex that it had become “virtually uninsurable.”