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R2016-125 AUTHORIZING CITY MANAGER TO EXECUTE AN EXTENSION TO THE EXISTING AGREEMENT WITH ARTHUR J. GALLAGHER AND CO. FOR RISK MANAGEMENT ADVISORY SERVICES
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R2016-125 AUTHORIZING CITY MANAGER TO EXECUTE AN EXTENSION TO THE EXISTING AGREEMENT WITH ARTHUR J. GALLAGHER AND CO. FOR RISK MANAGEMENT ADVISORY SERVICES
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10/21/2016 10:05:43 AM
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10/21/2016 10:05:42 AM
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Resolution/Ordinance
Res Ord Num
R2016-125
Res Ord Title
AUTHORIZING CITY MANAGER TO EXECUTE AN EXTENSION TO THE EXISTING AGREEMENT WITH ARTHUR J. GALLAGHER AND CO. FOR RISK MANAGEMENT ADVISORY SERVICES
Approved Date
10/17/2016
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October 1, 2016 <br /> EXHIBIT A <br /> Services <br /> Perform Risk Management services, which client may from time to time need or require. <br /> The services included: <br /> Arthur J. Gallagher & Co. received from the City of Decatur an annual fee for providing brokerage <br /> and administrative services. <br /> The services that Arthur J. Galla her & w' <br /> g Co. ill provide the City of Decatur include, but are not <br /> limited to the following: <br /> • Provide information regarding insurance markets from the standpoint of cost, service, <br /> coverage, and security. <br /> • Keep Client informed of changes in insurance market conditions that may affect the <br /> insurance program. <br /> • Coordinate and develop renewal information with Client. <br /> • Assist in the preparation of materials, specification, and underwriting data required by <br /> insures. <br /> � Market required insurance coverages. <br /> • Prepare and present a formal annual renewal presentation to the Client <br /> • Place coverage as instructed by Client. <br /> • Review the accuracy and adequacy of all policies, policy endorsements, and invoiced prior <br /> to delivery. <br /> • Assist the Client in the design of policy form as needed. <br /> • Issue binders, certificates of insurance, and other coverage verification documents as <br /> required. <br /> • Assist staff in identifying and monitoring loss exposures including two loss prevention <br /> seminars. <br /> • Present policy coverage questions to underwriters. <br /> • Assist in obtaining settlements from insurers for losses that penetrate excess insurance <br /> layers. , <br /> • Act a liaison with insurance companies and Claim Administrators. I <br /> • Be available to answer day-to-day questions from staff personnel. , <br /> • Attend Client meetings when requested. <br /> Sample 6chibit A.doc <br />
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