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City of Decatur
<br /> Business Insurance Renewal Proposal
<br /> Insurance Renewal Date: October 1, 2014
<br /> Contract Period 10/1/2013 10/1/2014 10/1/2015 10/1/2015 10/1/2015
<br /> to to to to to
<br /> 9/30/2014 9/30/2015 9/30/2018 9/30/2018 9/30/2018
<br /> Current Proposed %Change %Change %Change %Change
<br /> Year 2 of 3 Year 3 of 3 Year 1 Year 2 Year 3
<br /> Third Party Administration
<br /> Gallagher Bassett
<br /> term period 3 year 3 year
<br /> per claims fees
<br /> Workers Compensation
<br /> Medical $ 135 $ 136 1.0% $ 139 2.0% $ 140 1.0% $ 143 2.0%
<br /> Indemnity $ 810 $ 818 1.0% $ 834 2.0% $ 843 1.0% $ 860 2.0%
<br /> Liability/Property
<br /> Auto General Bodily Injury $ 758 $ 766 1.0% $ 781 2.0% $ 789 1.0% $ 804 2.0%
<br /> Auto General Property Damage $ 346 $ 349 1.0% $ 356 2.0% $ 360 1.0% $ 367 2.0%
<br /> Professional Liability $ 1,476 $ 1,491 1.0% $ 1,521 2.0% $ 1,536 1.0% $ 1,566 2.0%
<br /> Auto Physical Damage $ 243 $ 245 1.0% $ 250 2.0% $ 253 1.0% $ 258 2.0%
<br /> Property $ 681 $ 688 1.0% $ 702 2.0% $ 709 1.0% $ 723 2.0%
<br /> Ancillary Services
<br /> Admin Data Management $ 6,500 $ 6,696 3.0% $ 6,696 0.0% $ 6,696 0.0% $6,696 0.0%
<br /> Claim Telephone $ 21 $ - -100.0% $ - 0.0% $ - 0.0% 0.0%
<br /> Electronic Incident $ 36 $ 37 2.8% $ 37 0.0% $ 37 0.0% $37 0.0%
<br /> TPA Fee$Based on
<br /> Expected Claim Frequency
<br /> Workers Compensation
<br /> 34 Medical $ 4,725 $ 4,636 $ 4,729 $ 4,776 $ 4,871
<br /> 21 Indemnity $ 28,350 $ 17,180 $ 17,524 $ 17,699 $ 18,053
<br /> Sub Total $ 33,075 $ 21,816 $ 22,252 $ 2Z475 $ 22,924
<br /> Liability/Property
<br /> 9 Auto General Bodily Injury $ 11,370 $ 6,890 $ 7,028 $ 7,098 $ 7,240
<br /> 23 Auto General Property Damage $ 12,110 $ 8,038 $ 8,198 $ 8,280 $ 8,446
<br /> 2 Professional Liability $ 1,506 $ 2,982 $ 3,041 $ 3,072 $ 3,133
<br /> 1 Auto Physical Damage $ 243 $ 245 $ 250 $ 253 $ 258
<br /> 0 Property $ 681 $ - $ - $ - $ -
<br /> Sub Total $ 25,910 $ 18,155 $ 18,518 $ 18,703 $ 19,077
<br /> Ancillary Services
<br /> Admin Data Management $ 6,500 $ 6,696 $ 6,696 $ 6,696 $ 6,696
<br /> xxxx
<br /> xxxx
<br /> Sub Total $ 6,500 $ 6,696 $ 6,696 $ 6,696 $ 6,696
<br /> Total TPA Fee Expected $ 65,485 $ 46,667 $ 0 $ 47,466 $ 0 $ 47,874 $ 0 $ 48,697
<br /> Insurance Policies 10/1/2012 10/1/2013 10/1/2014
<br /> to to to
<br /> 9/30/2013 9/30/2014 9/30/2015 Carrier Carrier
<br /> Actual Current Proposed %Change Current Proposed Comments
<br /> 1 Commercial Package $ 199,145 $ 201,087 $ 206,235 2.6% Munich RE Munich RE best deal
<br /> 1 Excess Liability $ 100,312 $ 103,816 $ 102,843 -0.9% Munich RE Munich RE best deal
<br /> 1 Excess Property $ 59,675 $ 65,402 $ 77,943 19.2% Travelers Travelers best deal
<br /> 1 Boiler $ 5,861 $ 6,179 $ 6,918 12.0% Chubb Chubb best deal
<br /> 1 Crime $ 3,308 $ 3,308 $ 3,596 8.7% Travelers Travelers best deal
<br /> 1 Surplus Lines Tax/Fees $ 10,922 $ 11,248 $ 11,299 0.5%
<br /> 1 Total Liability/Property $ 379,223 $ 391,040 $ 408,834 4.6%
<br /> 1 Workers Compensation $ 557,676 $ 620,291 $ 624,707 0.7% LibertyMutual LibertyMutual stop loss is$500k
<br /> 2 Workers Comp option $ 331,684 $ 485,957 $ 468,710 -3.5% LibertyMutual LibertyMutual increase stop loss from$5000k to$750k
<br /> Comments
<br /> Scenario 1 $ 936,899 $ 1,011,331 $ 1,033,541 2.2% same coverage
<br /> Scenario 2 $ 710,907 $ 876,997 $ 877,544 0.1% same coverage with Wcomp stop loss increasing from$500k to$750k
<br /> 2014 Insurance Renewal Gallagher Proposal 10 012014 to 09 30 2015 Page 1 of 1
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