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City Of Decatur <br /> Executive Summary (Cont.) <br /> coverage line, we have obtained quotes for higher liability limits. We strongly <br /> recommend you consider these options. <br /> Last year we did an extensive marketing of your boiler/equipment breakdown <br /> coverage. We approached three carriers and Chubb Insurance gave us a premium <br /> reduction. For 2018/19 with the slight increase in TIVs, Chubb has kept the rate flat. <br /> The 2018-19 crime coverage renewal remained flat. <br /> The city of Decatur's excess property is written by Travelers Insurance Company. <br /> The city's TIVs (Total Insured Values) saw a slight increase over expiring. In addition, <br /> we did approach an alternative carrier, Fireman's Fund Insurance Company. They gave <br /> us a rate reduction. Our current carrier, Travelers, also gave us a rate reduction. <br /> Based upon the partnership the city has built with Travelers, we recommend renewal <br /> with Travelers. <br /> Overall, the City of Decatur's 2018/19 renewal pricing, coverage, and levels <br /> remained stable and competitive. <br /> On behalf of the entire Gallagher Service Team, we would like to thank you again <br /> for giving us the opportunity to continue to be of service to the City of Decatur and to <br /> continue our long term relationship. We value your loyalty and your cooperation <br /> Yours truly, <br /> Michael McHugh <br /> Ted Miller <br /> Tia Incapreo <br /> Cary Peters <br /> Don Smolinski <br /> Debbie Champion <br /> Arthur J.Gallagher Risk Management Services,Inc. <br /> 3 <br />