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Item 18 - ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs
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08/01/2023 Regular and HA
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Item 18 - ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs
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Last modified
3/5/2024 4:14:47 PM
Creation date
8/9/2023 3:34:30 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Human Resources
Item #
18
Date
8/1/2023
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CLIENT SERVICE AGREEMENT <br /> <br />EXHIBIT A <br /> <br /> <br />The following outlines Services provided by Gallagher over the term of this Agreement: <br /> <br /> Use its best efforts to secure the following lines of insurance coverage on Client's behalf: <br /> <br />o List of Insurance Placements: <br /> Underground Storage Tanks <br /> Excess Liability (Buffer) <br /> Excess Workers' Compensation (Buffer) <br /> Terrorism <br /> Difference in Conditions (Earth Movement & Flood) <br /> <br /> Work with Client to prepare comprehensive underwriting data and criteria for insurance carrier <br />negotiations. <br /> <br /> Formally present coverage submissions to agreed upon insurance carrier(s) and negotiate terms <br />on behalf of Client. <br /> <br /> Summarize the results of executing the marketing strategy developed with Client and <br />communicate program recommendations. <br /> <br /> Provide consultation to Client on exposures, existing coverage, and the desirability and/ or <br />feasibility of potential program changes, retention and data analysis as recommended by <br />Gallagher. <br /> <br /> Request change endorsements, when requested by the Client or when otherwise necessary, <br />ensuring accuracy and delivery in a timely manner. <br /> <br /> Administration of insurance program (only if applicable), including policy review and issuance, <br />invoicing, coordination and/ or issuance of required documentation, i.e., certificates of insurance, <br />and other program administration, as required by the Client. <br /> <br /> Review accounting and billing data; audit information from insurance carriers to ensure accuracy. <br /> <br /> Other Services: <br />o Risk Control Services <br />o Loss control consultation and claim advocacy <br />o Certificate Tracking <br /> <br />
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