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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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CLIENT SERVICE AGREEMENT <br />EXHIBIT A <br />The following outlines Services provided by Gallagher over the term of this Agreement: <br />• Use its best efforts to secure the following lines of insurance coverage on Client's behalf: <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 />• Work with Client to prepare comprehensive underwriting data and criteria for insurance carrier <br />negotiations. <br />• Formally present coverage submissions to agreed upon insurance carrier(s) and negotiate terms <br />on behalf of Client. <br />• Summarize the results of executing the marketing strategy developed with Client and <br />communicate program recommendations. <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 />• Request change endorsements, when requested by the Client or when otherwise necessary, <br />ensuring accuracy and delivery in a timely manner. <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 />• Review accounting and billing data; audit information from insurance carriers to ensure accuracy. <br />• Other Services: <br />o Risk Control Services <br />o Loss control consultation and claim advocacy <br />o Certificate Tracking <br />
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