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Insurance <br />Consultants <br />IVER <br />805 Executive Ctr Dr W, Suite 110 <br />St. Petersburg, Florida 33702 <br />Post Office Box 21343 <br />St. Petersburg, Florida 33742-1343 <br />Telephone: (727) 577-2780 <br />Fax: (727) 579-8692 <br />Email: kgordon(siver.com <br />March 26, 2015 <br />Ms. Beth Martin <br />Interim Risk Manager <br />Indian River County Board of County Commissioners <br />1800 27`11 Street <br />Vero Beach, FL 32960 <br />Subject: RFP No. 2015019 <br />Siver Recommendations <br />Dear Ms. Martin: <br />This letter is in response to your request for us to provide our recommendations regarding <br />the insurance proposals received by Indian River County Board of County <br />Commissioners (the "County") in response to RFP No. 2015019 Request for Proposals <br />for Property and Casualty Insurance. <br />BRIEF SUMMARY OF RFP PROCESS <br />RFQ No. 2015019 Request for Qualification for Prequalification of Agent/Brokers, Self - <br />Insurance Funds and Direct Writing Insurers for Property and Casualty Insurance was <br />released in October 2014, and proposals were opened on December 9, 2014. Four <br />proposals were received. <br />The County's evaluation committee met on January 9, 2015 and interviewed all four <br />proposers. The evaluation committee pre -qualified two agent/brokers to solicit insurance <br />proposals: Arthur J. Gallagher Risk Management Services, Inc. ("AJG") and Brown and <br />Brown Insurance of Florida, Inc. ("B&B"). <br />Insurance company markets were then assigned, based upon their requests, to the pre- <br />qualified brokers. Most insurance companies will not provide proposals to two different <br />agent/brokers. The goal of the insurance company market assignment process was to <br />allow both pre -qualified brokers access to sufficient insurance company markets to <br />provide a competitive proposal. <br />52 <br />