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I <br />Indian River County BOCC <br />RATE AGREEMENT AND COMMITMENT FOR 2017 RENEWAL - INDIAN RIVER SOCC: <br />In return for the Indian River Board of County Commissioners commitment to renew with Brit Global <br />Specialty USA for their May 1, 2017 renewal, we will give our agreement to use a flat rate for the May 1, 2017 <br />renewal premium. This agreement is subject to the following conditions: <br />As of sixty days prior to the renewal date of May 1, 2017, the annual average incurred losses (including <br />ALAE) to Brit Global Specialty USA's Package policies (2013-2015 years) is less than or equal to 50% of the <br />combined gross premium for those years. <br />Brit Global Specialty USA deem there is no material change in the physical and/or moral hazards of the <br />Assured which significantly increases loss potential during this annual policy term or during the renewal <br />term beginning May 1, 2017. <br />Brit Global Specialty USA deem there is no material change to the terms and conditions, limits, deductibles, <br />or policy language during this annual policy term or requested for or during the renewal term beginning May <br />1, 2017. <br />A renewal statement of accurate exposures is provided to us no later than 30 days prior to the May 1, 2017 <br />annual policy term. <br />We have reviewed these above terms and believe you will be find them acceptable. <br />Below please find the Package policy base premiums for the past few years for your <br />reference. <br />Summary of Base Premiums at a Glance: <br />PolicyTerrri <br />5/1/2016-2017 <br />5/1/2015/2016 <br />5/1/2014/2015. <br />5/1/2013-2014 <br />Base <br />Note in 2014, the EMS coverage was removed from the stand-alone program and merged <br />within the Package program. <br />Lastly, $3,000 of Loss Control Resources is available to the County this year. As in past years, <br />this is provided on a 50/50 cost sharing basis up to $3,000. We are hopeful the County will <br />take advantage of this added service within the Package Program. <br />Services where the County has received Loss Control Funds in the past include: <br />• 2014/2015 — Bulli Ray <br />• 2013/2014 - Samba Safety <br />Artbur] Gallagber Risk Management Services, Inc. <br />Page 6 183 <br />