Posts tagged anniversary

Celebrating Ten Years of Terrafirma

No one knew if Terrafirma would succeed when it issued its first policies on March 1, 2013. Now, almost ten years later, Terrafirma has helped land trusts defend perpetual land conservation across America. During these past ten years, Terrafirma:

insured over 10.2 million acres, an increase of almost 4 million acres from 2013;
grew to 545 land trusts member from 48 U.S. states;
covered 36,000+ parcels, almost doubling the number of parcels it originally insured;
paid over $5.6 million to help land trusts uphold lasting conservation on easements, trails, preserves and owned land on over 200 covered claims;
provided over $3.1 million in premium discounts to members;
achieved a 98% membership retention rate;
helped establish favorable case law across the United States; and
remained 100% owned and governed by its land trust members.

Terrafirma would have never happened without the dedicated and tireless efforts of many. The greatest thanks go to Terrafirma’s member land trusts as they are the ones that have made Terrafirma successful. Terrafirma wouldn’t be what it is without their continued commitment.

With a solid footing from ten years of Terrafirma, land trusts can continue to steadfastly tackle the biggest challenges of the day.

With gratitude and thanks,

Tom Kester
Operations Manager and Secretary
Alliance Risk Management Services LLC
Manager for Terrafirma Risk Retention Group LLC

Terrafirma Reaches 545 Members and Over 10 Million Acres

The 545 land trust owner-members of Terrafirma mark some notable events this month. They now collectively insure over 10,212,198 acres. That is 38% more than when the Alliance started Terrafirma in 2013, and one and a half times the size of Hawaii! Terrafirma has also paid out $4.5 million for covered claims, handled over 1,500 claims and insured over 36,000 conservation properties. Terrafirma has almost $12 million in total assets and is fully compliant with regulations.

February 22, 2022 also marks the 40th anniversary of the Land Trust Alliance. In honor of all of these collective achievements, the Alliance will host two complimentary webinars as part of Member Celebration Week for land trust members and Affiliates — Transforming Your Organizational Culture on Feb. 23 and Staying Connected While Working Remotely on Feb. 24.

Thank you to all the owner-members of Terrafirma for helping us to grow stronger each year! Each land trust is a critical part of this formidable, shared conservation defense liability service. We appreciate your commitment to lasting conservation.

Hannah

Hannah Flake
Conservation Defense Specialist
ALLIANCE RISK MANAGEMENT SERVICES LLC

P.S. Stay on top of any potential claims you have lingering from the 2021 policy period by filing a claim before the end of the grace period on April 30 - the sooner the better. If you have questions about filing a claim or anything else, please let us know.

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Posts tagged anniversary

Celebrating Ten Years of Terrafirma

Terrafirma Reaches 545 Members and Over 10 Million Acres

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