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Finance Committee Agenda and Packet 2014 01 21
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Finance Committee Agenda and Packet 2014 01 21
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3/10/2021 2:34:13 PM
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1/27/2014 10:52:57 AM
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City Council Records
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FCPKT 2014 01 21
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Marketing Results <br />QUOTATION S <br />INSURANCE CARRIER <br />RESPONSE <br />REASONS /COMMENTS <br />TRAVELERS <br />EUCLID MANAGERS <br />GLATFELTERS (ZURICH) <br />QUOTED ALL LIN ES OF <br />COVERAGE <br />QUOTED ALL LINES OF <br />COVERAGE <br />QUOTED ALL LINES OF <br />COVERAGE <br />CHUBB AND GLATFELTERS (ZURICH) QUOTED ALL LINES OF <br />COVERAGE <br />CRC <br />PINNACOL <br />DECLINATIONS <br />QUOTED EXCESS FLOOD <br />COVERAGE <br />QUOTED WORKERS' <br />COMPENSATION <br />$369,000 roughly, but the liability limits were less <br />than what the City is currently carrying <br />$299,000, but could not offer Flood limits in High <br />Hazard Zones <br />$288,865 approximately <br />INSURANCE CARRIER <br />RESPONSE <br />REASONS /COMMENTS <br />ONE BEACON <br />GENISES <br />ACE <br />AIG <br />PHILADELPHIA <br />C N A <br />TRIDENT <br />LIBERTY <br />DECLINFD ALL LINES OF <br />COVERAGE <br />DECLINED ALL LINES OF <br />COVERAGE <br />DECLINED ALL LINES OF <br />COVERAGE <br />DECLINED ALL LINES OF <br />COVERAGE <br />DECLINFD ALL LINES OF <br />COVERAGE <br />DECLINFD ALL LINES OF <br />COVERAGE <br />DECLINED ALL LINES OF <br />COVERAGE <br />DECLINED ALL LINES OF <br />COVERAGE <br />Insufficient to loss control and underwrite <br />Requires an SIR of $150,000 per occurrence with an <br />unbundled program TPA would need to be hired. <br />Only looks at Cities with populations over 50,000 <br />Not competitive on the Property and would require <br />an SIR of $100,000 per occurrence on the Casualty <br />lines. <br />Not a market on the Casualty lines. <br />Risk Appetite <br />Does not write in Colorado <br />Risk Appetite <br />11 <br />
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