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Agenda Packet_2025-08-05
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Agenda Packet_2025-08-05
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7/30/2025 5:11:00 PM
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Clerk of the Council
Date
8/5/2025
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<br />City of Santa Ana <br />Gallagher U.S. Owned <br />Wholesaler, MGA, or <br />Intermediary % and/or Fee <br />% <br />Wholesaler, MGA, or <br />Intermediary Name1 <br />Est. Annual <br />Premium2CoverageCarrier Name(s) <br />Arthur J Gallagher - Baton <br />RougeTerrorismTexas Insurance Company $15,000.00 5 % <br />1 We were able to obtain more advantageous terms and conditions for you through an intermediary/ wholesaler. <br />2 If the premium is shown as an indication: The premium indicated is an estimate provided by the market. The actual premium and acceptance of the coverage requested will be determined by the <br />market after a thorough review of the completed application. <br />* A verbal quotation was received from this carrier. We are awaiting a quotation in writing. <br />Note: When placing business with insurance companies, Gallagher Companies receive commission based on negotiated contractual terms with those carriers. The commission rate is a <br />percentage of the premium excluding taxes and fees. Major lines of coverage, and their typical range of commissions are listed below. If you wish to receive more details on actual compensation <br />paid to Gallagher Companies, please contact your Gallagher representative. <br />. <br />. <br />. <br />. <br />. <br />Accident & Health: 15-25% <br />Aviation: 14-15% <br />. <br />. <br />. <br />. <br />Casualty: 14-15%. <br />. <br />. <br />. <br />Package / Business Owners Package: 15-16.8% <br />Executive and Professional Liability: 12-16.5% <br />Property: 15-22% <br />Commercial Auto: 12.5-15% <br />Inland Marine: 20-22.5% <br />Ocean Marine: 15-17.5% <br />All Other Commercial: 10-20% <br />Bonds/Surety: 30-35% <br />Builders Risk: 15-18% <br />Workers Compensation: 8-11% <br />Compensation to Gallagher may also be disclosed in a Client Services Agreement or Consulting Services Agreement. <br />50 <br /> <br /> <br />City Council 15 – 56 8/5/2025
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