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Item 15 - Renew Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority and Arthur J. Gallagher
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Item 15 - Renew Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority and Arthur J. Gallagher
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8/1/2024 11:41:18 AM
Creation date
7/31/2024 12:25:04 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Human Resources
Item #
15
Date
8/6/2024
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2.1.5 Assist Members to the maximum extant authorized by law to <br />semrO long term solutions enabling the Authority to provide <br />adequato protection to Members against catastrophic, or greater <br />than expected; claims and to attract major reinsurers for the <br />purpose of transferring risk. <br />2.1.6 Jointly secure administrative rdm' ` ative and other services 'including, but not <br />limited to, general administration, underwriting, risk management, <br />loss prevention, claims adjusting, data processing, brokerage, <br />accounting, and legal services when related to any of the other <br />purposes. <br />AIEiT ' E 3. DEFZNMONS <br />11 The following definitions shall apply to the provisions of this Agreement and the. <br />R j'=La r"r"u of the Authority and JR.'sk NUnageme i Ptvograwis: <br />3.1.1 "Agreement" shall mean this ,Agreement, as it may be amended <br />from time to time, creating the Independent Cities Risk <br />Management.Authority, <br />3.1.2 "Board" or "Governing Board" shall moan the governing body of <br />the Authority: <br />3.1.3 "By -Laws" shall mean the rules governing the management of the <br />Authority and each individual Risk Management Program, <br />Appmvod by tha Omming Soard Oaaba 13.2004 <br />4 <br />
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