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Agenda - Council - 12/13/1988
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Agenda - Council - 12/13/1988
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/13/1988
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*D. <br /> <br /> eootlate Rev e~ P o osais and C a'ms: <br />Conduct on behalf of "CLIENT" all negotiations <br />with all Insurance representatives and companies <br />relating to issuance and maintenance of policies, <br />audits, premium reports and all similar matters <br />customarily handled by Insurance Agents, Brokers, <br />and Advisors, including the obligation to make <br />diligent efforts to continue any te~~n~inated <br />policies. If "A" is unable to obtain any <br /> Insurance coverage, ,,CLIENT" shall obtain the <br /> coverage from another source. ,,CLIEI~T'S" staff <br /> and advisors shall be kept fully info~med of all <br /> significant changes and change. Audited and <br /> approved policies, endorsements and invoices shall <br /> be delivered to ,,CLIENT" with respect to all <br /> Insured losses, and shall semi-annually review <br /> liability and worker's compensation reserves <br /> listed by Insurance carrier and rating bureau, and <br /> offer recommendation to ,,CLIENT". <br /> <br />Loss Controlt <br />"A" shall serve as Advisor along with insurance <br />company personnel with respect to Loss Control and <br />Safety Engineering Programs. Services include <br />inspection of plants and properties; <br />ore-construction review of plans and <br />~pecifications for new buildings and extensive <br />alterations. This is in addition to and does not <br />include se-~vices provided by employees or persons <br />engaged by the Insurance Company. <br /> "A" shall <br /> On or before the first day of ., - <br /> submit an annual report of the work performed <br /> '~ the the results achieved, premiums <br /> c=__ng year, ~__k- a <br /> paid and losses incurred on insured -~='=, <br /> sum~ary of the current insurance program and any <br /> outstanding unfulfilled recommendations for risk, <br /> coverage or cost improvement. <br /> <br />Con~unicationsl <br />No charge phone accessibility, written <br />confi_~mation and follow-up-.of communications ~ith <br />"CLIENT" and Under%,riters. Assist ,,CLIENT'S" <br />staff and advisors in the application and use of <br />Risk Management ~rocedures and info_~mation <br />systems. <br /> <br />Other S e~,i ces_'. <br /> <br />!5 <br /> <br /> <br />
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