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04/12/2016 (2)
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04/12/2016 (2)
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Last modified
12/7/2020 11:36:37 AM
Creation date
6/30/2016 11:16:44 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
04/12/2016
Meeting Body
Board of County Commissioners
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Indian River CountV BOCC <br />Hull & PT -1 <br />8101 <br />7776 <br />Crime <br />$4903 <br />4903 <br />TOTAL <br />$1,433,961.38 <br />$1,342,973 <br />Property (Optional Quote - <br />Additional $SM Named <br />torm Limits): <br />30,000 <br />otal Premium with $40M <br />Storm limits <br />1,372,973 <br />Named <br />I <br />If the'County would like to purchase an additional $51VI of Named Storm limits (bringing the <br />total limits to $40M instead of $35M) it is an additional $30,000, but this purchase would still <br />generate a savings of $60,888.38 from the 2015 — 2016 Insurance Program. <br />Likewise, to purchase a total of $10M Named Storm limits excess of the currently purchased <br />$35M Named Storm limits, the additional premium is $57,500 ($30,000 + $27,500). The <br />County would still recognize premium savings of $33,388.38 from the 2015-2016 Insurance <br />Program. <br />We hope you are pleased with the results of this proposal and the level of detail and the <br />competitive renewal program we have provided which demonstrates our commitment to <br />providing the best possible value and service to you. We greatly appreciate the opportunity to <br />be of service to you both and the County. <br />Thank you! <br />Rozell Schnur Michael Gillon <br />Client Service Executive Area President <br />Thursday March 25, 2016 <br />I <br />I <br />Arthur). Gallagher Risk Management Services, Inc. <br />Page 190 <br />
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