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2015-067
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2015-067
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A TRUE COPY <br />CERTIFICATION ON LAST PAG E <br />J.R. SMITH. CLERK <br />ATTACHMENT A <br />PROPERTY AND CASUALTY INSURANCE BROKER SERVICES <br />SCOPE OF SERVICES <br />BROKER agrees to provide the following services: <br />PLACEMENT AND INSURANCE MANAGEMENT SERVICES <br />Broker will: <br />• Design and market a Property/Casualty Insurance Program that is acceptable to the County. <br />As appropriate and/or at the County's request, provide submissions for alternative program <br />structures, such as different deductibles, limits, etc. or, upon request, other lines of insurance. <br />• Coordinate with County staff to assure that up-to-date exposure data is incorporated into <br />specifications and issued policies. <br />• Issue and deliver valid and timely binders (prior to the effective date of coverage) for <br />insurance policies purchased by the County. Review binders for accuracy. Immediately <br />request corrections if issued binders are not delivered in accordance with the submission(s). <br />• Assure that insurance policies being purchased will be delivered in accordance with the <br />submission(s) that were negotiated and/or accepted by the County. <br />o Assure that the policies issued reflect no lesser policy terms, conditions, coverage <br />amounts and options than were accepted by the County. <br />o Immediately correct policy deficiencies before delivery to the County. <br />o Promptly deliver the policies to the County within 30 days of policy inception. If <br />policies are not issued within 30 days of policy inception, follow up with the <br />insurer/wholesaler at least twice per 30 days for receipt of the policy. If any <br />deficiencies from the accepted submission remain, provide a timeline for their <br />resolution to the satisfaction of the County. <br />• Promptly and accurately process insurance policy endorsements and other change requests as <br />needed. <br />• Be available to attend up to four risk management meetings per year with the County, as they <br />may be scheduled, and be willing to attend additional meetings if needed. <br />• Monitor and notify the County of major developments regarding the insurance industry or the <br />County's insurers or policies that may affect the County. <br />Attachment A <br />Page 1 of 3 <br />
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