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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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Last modified
9/29/2020 10:40:30 AM
Creation date
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 Decatur Gallagher <br /> s CORE 360' <br /> I <br /> vryry4 <br /> ExecutiveSummary............................................................................................................................................................3 <br /> ExposureComparison........................................................................................................................................................5 <br /> ServiceTeam.......................................................................................................................................................................6 <br /> ProgramStructure...............................................................................................................................................................7 <br /> NamedInsured...............................................................................................................................................................8 <br /> MarketReview................................................................................................................................................................9 <br /> ProgramDetails ...........................................................................................................................................................10 <br /> Package- Property-ADC Specialty Insurance Company ..................................................................................10 <br /> Package- General Liability-AIX Specialty Insurance Company......................................................................13 <br /> Package-Automobile-AIX Specialty Insurance Company..............................................................................17 <br /> Excess Property- Travelers Excess and Surplus Lines Co..............................................................................19 <br /> Crime- National Union Fire Insurance Company of Pittsburgh PA ..................................................................22 <br /> Excess Crime- Hiscox Insurance Company Inc. ...............................................................................................25 <br /> Auto Physical Damage- Hanover Insurance Company.....................................................................................27 <br /> Cyber Liability-ACE American Insurance Company.........................................................................................29 <br /> Excess Liability$5M Excess of$10M- Evanston Insurance Company ...........................................................33 <br /> Gallagher Crisis Protect(GCP)- Underwriters at Lloyd's London,(More) .......................................................36 <br /> Pre mium Summar ..""".""".."" <br /> 39 <br /> Premium Financing................................................................................................................................. <br /> ..................... <br /> 41 <br /> Payment Plans.............................................................................................................................................................42 <br /> Carrier Ratings and Admitted Status.............................................................................................................................43 <br /> ProposalDisclosures.......................................................................................................................................................44 <br /> ProposalDisclosures...................................................................................................................................................45 <br /> ClientSignature Requirements.......................................................................................................................................47 <br /> Coveragesfor Consideration.......................................................................................................................................48 <br /> Client Authorization to Bind Coverage........................................................................................................................49 <br /> Appendix.............................................................................................................................................................................52 <br /> Bindable Quotations&Compensation Disclosure Schedule.....................................................................................53 <br /> BindingRequirements .................................................................................................................................................55 <br /> ClaimsReporting By Policy.........................................................................................................................................56 <br /> CORE360TmLoss Control Flyer..................................................................................................................................57 <br /> CyberLiability eRiskHub Features..............................................................................................................................58 <br /> AppendixA: IPRF Proposal.........................................................................................................................................60 <br /> Attachments <br /> TRIA Rejection Pages <br /> 2 <br />
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