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The deductible options with IMLRMA are significantly lower. $500 deductibles aren't even <br /> offered in the commercial insurance marketplace.The City averages$1,088,781 of losses <br /> annually.This number shows your Gallagher program is still the most cost effective while <br /> maintaining better coverage and higher limits.Your Gallagher program at guaranteed cost is <br /> $943,432 lower than IMLRMA when taking into consideration your average loss history over the <br /> past 5 years. If the City elected the Min/Max option,your Gallagher program is still$70,183 <br /> lower and you'd be risking a total program cost of up to$3,708,171.This is a potential <br /> assessment to the City of$1,528,171. Please keep in mind the IMLRMA numbers also do NOT <br /> include Sales Tax interruption,Sexual Harassment and Abuse, Equipment Breakdown, and <br /> Business Interruption.All of these coverages are included in the Gallagher program. <br /> ➢ The City of Decatur was one of the first municipalities in the state of Illinois over 35 years ago to <br /> embrace the protected self-insurance concept. By doing this it allows the City to have the <br /> following advantages: <br /> o Retain a portion of the predictable losses; <br /> o Transfer a portion of the catastrophic risk; <br /> o Broaden your insurance program coverages; <br /> o Control your costs in the hard market; <br /> o Budget a known maximum cost; and <br /> o Input in the claims process <br /> This concept introduced by Gallagher has saved the City millions of dollars over the years and <br /> has allowed the City to increase coverages and coverage limits.The Gallagher program is cutting , <br /> edge and is used by many of your peers.An example of this cutting edge is our introduction of <br /> the Gallagher Crisis Protect products to the City.With the unfortunate circumstances with <br /> recent violent mass shootings a City such as Decatur cannot afford to not have this coverage in <br /> place. <br />