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2020-078A
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2020-078A
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Last modified
3/1/2021 3:26:03 PM
Creation date
5/8/2020 10:24:08 AM
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/21/2020
Control Number
2020-078A
Agenda Item Number
12.E.1.
Entity Name
Arthur J. Gallagher Risk Management Services, Inc.
Subject
Property and Casualty Insurance Broker Services
Area
8955 85th Street, Sebastian
Bid Number
RFP 2020014
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• At least annually, present to County staff a written review, with the <br />premium/claims history of the County, for the policies purchased. <br />• Coordinate with the County about 120 to 150 days prior to renewals on giving <br />estimates of renewal changes in premium, coverage, policy terms, etc. and in <br />collecting needed renewal rating and background information. <br />• Present renewal pricing and policy changes to the County at a minimum of 45 <br />days before renewal or at a time agreed upon with the County. <br />• Obtain proposals from additional insurance markets and provide them to the <br />County with a listing of all companies contacted, detailed spreadsheets of all <br />submissions received and all rejection letters. <br />• Provide the County with Probable Maximum Loss ("PML") studies. <br />• Provide final, written renewal submissions to the County on a schedule agreed <br />upon with the County to allow for review of renewals at appropriate County <br />meetings. <br />• Promptly provide rating data, premium/claims history and other information at <br />the request of the County. <br />• Fully disclose insurance policy premiums, commissions or all other <br />remuneration, including that of intermediaries, received for the sale of such <br />policies. <br />• Permit the County to conduct an audit of all remuneration/revenues <br />attributable to the County's account and to fully cooperate with persons <br />designated by the County to perform such audit. <br />LOSS CONTROL SERVICES <br />• Develop, with the County's assistance and involvement, loss control programs and strategies, <br />including educational training, seminars, research and analysis of loss trends, and develop <br />communication materials. Provide, at a minimum, quarterly reporting detailing the loss control <br />activities and results. <br />CLAIMS ADVOCACY <br />• Participate in claims review meetings to ensure accuracy of reserves and effective claims <br />management. <br />• Coordinate claim information with designated adjusters. <br />• Assist with emergency procedures and disaster planning. <br />• Assist with claim and coverage disputes. <br />11 <br />
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