Agenda - Council - 09/27/1988 - Laserfiche WebLink

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*D. *E. ~eqotiate, Review Proposals and claims% conduct on behalf of ,,CLIENT" all negotiation~ with all Insurance representatives and companies relating to issuance and maintenance of policies, audits, premium reports and all similar matters customarily handled by Insurance Agents, Brokers, and Advisors, including the obligation to make diligent efforts to continue any terminated policies. If "A" is unable to obtain any Insurance coverage, ,,CLIENT" shall obtain the coverage from another source. ,,CLIENT'S" staff and advisors shall be kept fully informed of all significant changes and change. Audited and approved policies, endorsements and invoices shall be delivered to "CLIENT" with respect to all Insured losses, and shall semi-annually review liability and worker'S compensation reserves listed by Insurance carrier and rating bureau, and offer recommendation to ,,CLIENT". Loss Control: "A" shall serve as Advisor along with insurance company personnel with respect to Loss Control and Safety Engineering Programs. services include inspection of plants and properties; pre-construction review of plans and ' e specifications for new buildings and extenslV alterations. This is in addition to and does not include services provided by employees or persons engaged by the Insurance Company. On or before the first day of ., "A" shall submit an annual report of the~ work performed during the year, the results achieved, premiUmS paid and losses incurred on insured risks, a summary of the current insurance program and any outstanding unfulfilled recommendations for risk, coverage or cost improvement. Communications: No c~arge.phone accessibility, written conflrmatzon and follow-Up, of communications with ,,CLIENT" and Underwriters. Assist ,,CLIENT'S" staff and advisors in the application and use of Risk Management procedures and information systems. ~i Other Services% 15