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R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
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R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
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9/29/2020 10:40:30 AM
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9/29/2020 10:40:21 AM
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Resolution/Ordinance
Res Ord Num
R2020-125
Res Ord Title
R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
Department
Finance
Approved Date
9/21/2020
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City Of DecaturGallagher <br /> •CORE 36a <br /> We approached the following carriers in an effort to provide the most comprehensive and cost effective insurance program. <br /> TM <br /> 7AIX Specialty Insurance Company Package Recommended Quote $267,589.00 <br /> avelers Excess and Surplus Lines Excess Property Recommended Quote $85,409.00 <br /> o <br /> National Union Fire Insurance Gime Recommended Quote $3,068.00 <br /> Company of Pittsburgh PA <br /> His cox Insurance Company Inc. Excess Crime Recommended Quote $5,778.00 <br /> ACE American Insurance Company Cyber Liability -$1M Quoted $13,596.00 <br /> ACE American Insurance Company Cyber Liability -31M Quoted $36,376.00 <br /> ACE American Insurance Company Cyber Liability -$5M Recommended Quote $55,810.00 <br /> Excess Liability $5M Excess Quoted $76,600.00 <br /> Evanston Insurance Company Of$10M <br /> Excess Liability $4M Excess Recommended Quote $63,700.00 <br /> Evanston Insurance Company of$10M <br /> Excess Liability 35M Excess Quoted $48,600.00 <br /> Evanston Insurance Company of$10M <br /> Hanover Insurance Company APD-$100k Ded./$3M Limit Quoted $50,714.00 <br /> Hanover Insurance Company APD-$100k Ded./$10M Limit Quoted $55,458.00 <br /> Hanover Insurance Company APD-$100k Ded./$20M Limit Recommended Quote $60,349.00 <br /> Hanover Insurance Company APD-$1M Ded./$3M Limit Quoted $39,096.00 <br /> Hanover Insurance Company APD-$1M Ded./$10M Limit Quoted $42,687.00 <br /> Hanover Insurance Company APD-$1M Ded./$20M Limit Quoted $46,508.00 <br /> Great American Insurance Agency, Excess Liability $3M Excess Declined to Quote -Other/ <br /> Inc. of$10M Blocked by other markets <br /> Gallagher Crisis Protect Recommended Quote $42,750.00 <br /> Underwriters at Lloyd's London (GCP) <br /> Illinois Public Risk Fund Workers Compensation Recommended Quote $146,996.00 <br /> 'The premum indicated is an estimate provided by the market. The actual premium and acceptance of the coverage requested <br /> w ill be determined by the market after a thorough review of the completed application. <br /> 9 <br /> • <br />
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