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HomeMy WebLinkAboutRESPONSE - RFP - 8350 INSURANCE0 | P a g e RFP 8350 INSURANCE CITY OF FORT COLLINS – RFP 8350 PROPERTY CASUALTY BROKERAGE SERVICES TABLE OF CONTENTS BROWN & BROWN OF COLORADO, INC. Section Number Cover Letter Name of Company 1 References 2 Professional and Technical Insurance Capabilities 3 Market Selection 4 Brown and Brown Risk Management Capabilities 5 Customary Service Plan 6 Team Member Services 7 Proposed Cost of Services 8 Long Term Pricing 9 Initial Recommendations 10 Responsibilities of Broker / Agent 11 Why Brown & Brown 12 Exhibits 1 Cover Letter 2 September 7, 2016 Gerry Paul, Director City of Fort Collins Purchasing Department 215 North Mason Street Fort Collins, Colorado 80524 RE: RFP 8350 Insurance Dear Mr. Paul: On behalf of Brown and Brown of Colorado, Inc, I am pleased to submit our qualified response to RFP 8350 Insurance. Brown and Brown’s philosophy is and always will be to exceed our clients’ expectations while maintaining high professional and ethical standards. We provide a highly-experienced staff with a proactive service commitment and dedication to the continuous improvement of our clients’ risk management programs. As it relates to this RFP, we are uniquely positioned to help the City of Fort Collins as we are in the city limits and able to service the needs of the city via our local presence which is unrivaled as compared to our competition. Brown & Brown, Inc. has been operating within the United States since 1939. Our company has grown to be the 6 th largest insurance intermediary in the U.S. with international operations in London and Bermuda. We have been operating in Fort Collins since 2001 when we purchased the Reidman Agency. Due to our volume and size, we are able to provide our clients extensive resources and the most favorable market relationships in the state. Brown & Brown also sustains a national network of governmental entity-focused professionals which adds to our strength. At Brown & Brown, we recognize that governmental systems are integrated with the concept of sustainability. We also believe that the private sector must adopt the same commitment and focus. Of course, it is a delicate balance, producing an equilibrium between environmental concerns and financial viability, but Brown & Brown understands that these factors are dependent on one another and with this in mind, we have spearheaded a culture of environmental awareness. In the last decade, the world has seen a revolutionary shift in how business is transacted on the ground level, veritably transitioning business operations into the digital realm. There are far fewer reasons to utilize paper, printers, and fax machines than ever before. Brown & Brown adopted this revolution on January 1, 2014, as a corporate wide paradigm shift. We believe that with the advent of the IPad and other technologically advanced systems, there is no reason why this plan is not sustainable, and we are committed to the continued success of this endeavor. 3 The paperless overhaul we have undergone has not been the easiest route and certainly, there was a learning curve. The process consisted of converting all of our files over the past decade into digital folders, each employee doing their part to arduously scan each sheet of paper into our system before shredding the physical documents and recycling them. In addition, the cloud system we have embraced has made physical emergency backups obsolete. We also understand that, for the time being, paper is still a necessity. However, this material must be discarded in the most environmentally, efficient way possible. At Brown & Brown, the recycling of goods is treated with the same importance as locking our office door at night or binding an insurance renewal. Meeting financial goals and creating a safe environment for our employees will always be part of the bedrock of our business model, but implementing a philosophy that betters the social and environmental lives of our fellow citizens of Fort Collins rests next to these other precepts and completes the foundation that we continue to build our business on. Fort Collins continues to lead the way when it comes to environmentally forward-thinking policies coupled with a social strategy that strives to better the circumstances of every person living in our city. The city deserves a partner that feels the same. Here at Brown & Brown, we understand, just like the city of Fort Collins, that if we do not place sustainability at the top of our priority list, who will? Organizations must promote change and our hope is that we can provide a catalyst in this burgeoning change to continue to flourish. Brown & Brown has exclusively served Public Entities for more than 24 years and, as the current broker for more than 250 public entities, is uniquely qualified to provide the services outlined in this RFP. The City of Fort Collins would be served by our Risk Management Division, which provides dedicated staff and resources specifically for public entities with large property schedules and self-insured components. Our team will provide a fresh and creative approach to the City’s risk management program. Proof of our ability to negotiate better terms than our competitors is evident in our experience with other clients. We have never failed to improve a new client’s terms and conditions after implementing our renewal and negotiating protocol. Please feel free to contact us should you need further clarification and explanation of the project approach described within of our proposal. We would appreciate an opportunity to participate in any in-person interviews at the request of the City. We also strongly encourage the City staff to reach out to our clients and references. As the signer below and an authorized officer of this firm, I commit to providing Brokerage Services to exceed the City’s expectations. 4 In addition to myself, the person authorized to make representations is Mrs. Kären Siwek: Kären E. Siwek, CPA, CIC Brown and Brown Insurance 4532 Boardwalk Drive, Suite 200 Fort Collins, Colorado. 80525 970.231.8708 (Cell) 970.494.4667 (Direct) 970.484.4165 (Fax) ksiwek@bbcolorado.com Sincerely, Tyler McCallister Tyler McCallister, CPCU, ARM, AAI, AU, ASLI Executive Vice President 5 Section 1: Name of Company 6 Brown & Brown of Colorado, Inc. dba Brown & Brown – Fort Collins 7 Section 2: References 8 Provide the names and telephone numbers of at least 5 (five) references. Provide any previous and current local government experience. These should include other public entity accounts. Identify the type of service provided for each reference and the length of time your firm has handled the account. Public entity business is a strategic initiative for Brown & Brown of Colorado in 2016. We have significant relationships and resources to facilitate our market penetration. Our Fort Collins office is one of the top offices in the entire country and senior management has asked us to lead the charge. This is why our references are not local but please see the exhibits for more examples of public entity business as well as Fort Collins based clients that you are more than welcome to contact for reference purposes. City of Gresham Marlee Smith Janney 1333 NW Eastman Parkway Gresham, OR 97030 503.618.2436 Agent of Record / Risk Management Consulting / 13 years City of Medford Bonnie Huard 411 West 8 th Street Medford, OR 97501 541.774.2039 Agent of Record / Risk Management Consulting / Over 15 years City of Tigard Jennifer Curran 13125 SW Hall Boulevard Tigard, OR 97223 503.718.2418 Agent of Record / Risk Management Consulting / Over 15 years City of West Linn Richard Seals 22500 Salamo Road West Linn, OR 97068 503.722.5505 Agent of Record / Risk Management Consulting / Over 15 years City of Springfield Tom Mugleston 225 Fifth Street Springfield, OR 97477 541.726.3724 Agent of Record / Risk Management Consulting / 10 years 9 Section 3: Professional and Technical Insurance Capabilities 10 Describe any special expertise your firm has in providing insurance brokerage services to a City or other public entity. Does your company have any proprietary programs for government entities? How would the existence of such a program affect your firm’s objectivity in the marketing of the City’s insurance program? Risk Management Analysis and Program Design One of the many reasons for our success is that we do not simply “sell” insurance policies. Our desired position with our clients is that of a true risk management consultant. We objectively evaluate our clients’ risk exposures and recommend the most cost effective method of handling of each risk. We visit major property locations, review current loss control and safety programs, review loss experience reports, and interview key personnel in order to understand our clients’ needs. Formal reports are written with recommendations for improvement and correction if needed. We will also provide loss control resources and training when requested and in response to our own recommendations. Our experience in designing programs has ranged from high retention/ self-insured structures to first dollar coverage. In addition to examining retention levels, we also evaluate risk transfer methods (insurance, avoidance, contractual transfer, etc.), contractual indemnification and alternative risk financing. Below is a template of a retention analysis: (Losses over $500,000 total incurred in the past 10 years) ACCIDENT DATE TOTAL INCURRED CLAIMANT NAME CLAIM STATUS 2008 $558,542 Mr. Jones, Sr. OPEN 2010 $542,493 Mrs. Jones OPEN 2013 $789,170 Mr. Jones, Jr. OPEN YEAR TOTAL INCURRED Self-Insured Insurance Pays ANNUAL PREMIUM TOTAL COST OF RISK 2004-2005 1,281,504 1,281,504 0 250,000 1,531,504 2005-2006 2,324,440 2,324,440 0 250,000 2,574,440 2006-2007 2,122,609 2,122,609 0 250,000 2,372,609 2007-2008 1,595,139 1,595,139 0 250,000 1,845,139 2008-2009 3,540,482 3,501,312 39,170 250,000 3,751,312 2009-2010 1,611,807 1,611,807 0 250,000 1,861,807 2010-2011 2,418,043 2,418,043 0 250,000 2,668,043 2011-2012 1,266,775 1,266,775 0 250,000 1,516,775 2012-2013 1,164,270 1,164,270 0 250,000 1,414,270 2013-2014 1,005,721 1,005,721 0 250,000 1,255,721 18,330,790 18,291,620 39,170 2,500,000 20,791,620 YEAR TOTAL INCURRED Self-Insured Insurance Pays ANNUAL PREMIUM TOTAL COST OF RISK 2004-2005 1,281,504 1,281,504 0 300,000 1,581,504 2005-2006 2,324,440 2,324,440 0 300,000 2,624,440 2006-2007 2,122,609 2,122,609 0 300,000 2,422,609 2007-2008 1,595,139 1,595,139 0 300,000 1,895,139 2008-2009 3,540,482 3,401,312 139,170 300,000 3,701,312 2009-2010 1,611,807 1,611,807 0 300,000 1,911,807 2010-2011 2,418,043 2,418,043 0 300,000 2,718,043 2011-2012 1,266,775 1,266,775 0 300,000 1,566,775 2012-2013 1,164,270 1,164,270 0 300,000 1,464,270 2013-2014 1,005,721 1,005,721 0 300,000 1,305,721 18,330,790 18,191,620 139,170 3,000,000 21,191,620 CLAIMS PAYMENTS OPTION $650,000 SIR & PREMIUM CLAIMS PAYMENTS XYZ CLIENT 10-YEAR CLAIMS ANALYSIS DESCRIPTION Detail Description Detail Description Detail Description EXPIRING $750,000 SIR & PREMIUM 11 Listed below are tools and processes utilized in the identification and risk management process: ModMaster – this software provides analysis and forecasting for experience modification factors for Workers Compensation. RiskMeter – Risk Meter is an on line resource providing on-demand hazard risk data. This in-house subscription is utilized to be sure the most accurate and complete underwriting data is provided to the property underwriters via the Property Schedule. Real time data available for individual sites includes: • Flood Zone Determination including distance from special flood hazard area zone • FEMA Flood Insurance Rate Map and panel number Flood Audit – This is a unique process that we have developed to keep up with FEMA’s internal changes including flood mapping changes. We regularly review anticipated flood zone changes (which can employ a variety of methods) to determine impact to structures located in Special Flood Hazard Areas (SFHA’s). The importance of this exercise is to determine and communicate the implications of FEMA and the Stafford Act to our clients. Brown & Brown recently acquired Wright Flood and this provides us access to all of their programs and assistance on a priority basis with our own dedicated team at Wright. Property Modeling – In addition to the analytics and sophisticated reports, we possess and will utilize in-house modeling capabilities to generate both AIR and RMS modeling results including side-by-side comparison of both models. Our process generates multiple models to disclose deficiencies in the building and secondary characteristics data in the current schedule. The second step will be to “scrub” the data to determine the impact including alternative and possibly more accurate data. This process and its findings are very helpful to analyze the city’s risk portfolio to the marketplace. Risk Analytics – We have a national contract with AIR Worldwide and their new Touchstone Platform. The Platform provides proprietary analytics and software program results featuring individual client risk exposures on multi-layered interactive maps. These highly sophisticated analyses can provide a unique perspective of the risk most likely to affect operations. • Data cleansing and auditing to reduce uncertainty and ensure adequate data is represented in the modeling software utilized by insurers to evaluate risk, set rate and coverage terms • Custom catastrophe modelling analysis • Data quality assessments • Geo-visualization tool – Spatial Key 12 Asset Management Program – AMP is proprietary software to which we subscribe. The program was developed and is maintained by AssetWorks, a third party vendor. This web-based system provides an efficient and secure platform for tracking and reporting property data. Uses include loss control, proof of loss documentation, Cat Modeling, historical tracking and insurance marketing. This is available, but not mandatory for our clients to use at no cost. It provides our clients with the following services to support large Property Schedule Maintenance and Claims Management Support. • Integration with Existing Appraisal Reports • Historical Tracking of Primary and Secondary COPE data • Document and Valuation Management and Trending • Dynamic Reporting Tool • Data Exchange Capability • Communication capability with Broker for real time property schedule changes • Future versions may include advanced claims and FEMA interface The following are the steps to provide the city with the best coverage at a competitive cost: • Research the Governmental Tort Laws and keep up to date with changes • Review and update exposure data, SOV, autos, financial, employees, etc. • 5 years currently valued loss runs, monthly reports, work closely with applicable carriers / third party administrators • Comprehensive, accurate public entity application process for new and renewal • Actuarial analysis and loss modeling as needed • Propose coverage limits, retentions, endorsements • Negotiate pricing, limits and coverage for the city • Integrate city insurance data into Apex automated system • Review contracts for coverage exposure and avoid gaps • Deliver proposal, binder, policy and certificates in timely fashion • Manage client services; work closely with Loss Control and City Risk Management Some cities face catastrophic exposure or state specific coverages required by governmental or legal environment. Our team will work with the city to customize coverage to fit the exposures. Additional coverage options may be provided by our team on an as needed basis: • Excess / Umbrella Liability • Environmental including Premises pollution, UST/AST Storage Tanks • Miscellaneous coverage: Aviation, Accident & Sickness, Identity Theft, etc. • Miscellaneous Professional Liability and Special Events 13 One of the main advantages to choosing our team is our ability to offer services which may include: • Policy services, certificates, etc. • Actuarial (may be third party) • Loss Control / Risk Management (in concert with carrier (s)) • Claims management and oversight working with carriers / third party administrators • Brokerage services (additional coverages) Our team will work closely with the carrier (s), consultant and City Risk Management personnel to customize loss control services to fit the city’s needs. Loss control services may include: Services & Safety Surveys Athletic Programs Safety Review Facilities Review Fire/EMS Department Food Services Safety Survey Human Resource Department Review Law Enforcement Maintenance Shop and Safety Playgrounds & Play Equipment Public Works Safety Survey Recreation Facilities to include Parks, Ball fields, Playgrounds and Swimming Pools Science Labs, Industrial Arts, Home and Living Fine Arts, and other Specialized Vocational Streets, Sidewalks, and Signage Summer Camps / School Education Trips Transportation Safety Survey Innovative Technology / IT Systems Our team utilizes comprehensive software designed for account services. We have invested significant resources to ensure quality control, data management and reporting capabilities are second to none. It provides the following: • Single entry • Public Entity Applications • Proposal • Binder • Endorsements & Certificates • Accounting • Claims management and analysis • Marketing data and analysis • Reports, reports, reports • Suspense tools and email to meet lofty Brown & Brown corporate quality control standards 14 We are constantly updating and modifying this system to meet the needs our carriers, clients and corporate oversight. We have the ability to provide reports to the city in any format desired. Claims Services We are on your side through the entire claim process, going beyond what is expected to ensure quick and appropriate resolution. By providing consistent and on-going oversight, we contribute significantly to reducing your cost of risk. Our experienced claim advocacy team works with you throughout the claims process to: • Coordinate and facilitate with all involved persons: carriers, adjusters, independent adjusters, forensic accountants and internal risk management personnel • Provide full or partial claims management from claims notification to settlement • Provide claims analysis and trending with specific recommendations • Provide advocacy and assistance in claim resolution • Participate in the development of response to carrier coverage concerns • Conduct quarterly (or as needed) claims and loss reviews Brown & Brown’s claims department is available 24 hours a day, 7 days a week. Coordinating the claims process begins with your notice of an incident and continues with systematic monitoring. Our role is to be a facilitator in the claims process and an independent advocate for the City of Fort Collins. Diana Vigil is our Senior Account Manager and manages our claims and risk management team. We tailor claims tracking and reporting to meet your needs. Claim activity can be provided by line of insurance, or combined in a master loss history. The claims data can be analyzed from more than 40 different perspectives to help identify problem areas and opportunities for improvement. We can also provide premium and cost analysis in conjunction with loss history to help you allocate claim costs by department and compare premiums and rates for the coverage associated to those claims. The goal of this analysis is to reduce future losses and associated insurance costs. Detailed loss summaries of both open and closed claims are available monthly, quarterly, semi-annually or annually. 15 Prompt response to all of the City’s insurance related questions Brown & Brown will respond promptly to all the City of Fort Collins’ requests. We have developed the following standards as a promise to our customers. We will meet or surpass these standards without fail: We do not use any proprietary programs that would affect our objectivity in marketing your risk management program. Task Minimum Service Standard Return client phone calls Within 4 hours Prepare certificate or evidence of insurance Within 24 hours - Same day if requested Noon Answer client written response Within 24 hours Provide a formal written service plan Within one month of assignment Conduct renewal strategy meeting with client 4 months prior to expiration Request updated renewal information 4 months prior to expiration Receive updated renewal information from 3 months prior to expiration Send renewal submission to markets 75 days prior to expiration Coordinate underwriter meetings with insured As required Insurance quotes due 45 days prior to expiration Present renewal results to client 30 days prior to expiration Bind coverage, issue certificates, auto ID 10 days prior to expiration Prepare premium allocation breakouts for Within 7 days of binding coverage Invoice client Within 7 days of the effective date Forecast premiums for budgeting purposes Due February each year Prepare Brown & Brown service fee letter Within 15 days before/after renewal Review policies and non-premium Within 30 days of receipt Deliver policies to client Within 60 days of renewal Review and invoice annual audits Within 10 days of receipt Review and invoice premium endorsements Within 10 days of receipt Prepare and present stewardship report Annually 16 Section 4: Market Selection 17 What markets would you most likely approach, in order of preference, if chosen? Description Current Proposed 1 Proposed 2 Proposed 3 Proposed 4 Proposed 5 Property Lexington Insurance Company Hartford AMBest: A+, XV Travelers AMBest: A++, XV Euclid / Hudson Specialty Insurance Group AMBest: A, XV Great American AMBest: A+, XIV PEPIP Program (Alliant / Lexington) AMBest: A, XV Auto Physical Damage Allied World Surplus Lines Insurance Alteris / Argonaut AMBest: A+, XV Munich AMBest: A+, XV Old Republic AMBest: A+, XII One Beacon AMBest: A, X Travelers AMBest: A++, XV Fine Arts Axa Insurance Company Hartford AMBest: A+, XV Chubb 18 Description Current Proposed 1 Proposed 2 Proposed 3 Proposed 4 Proposed 5 Fiduciary Alterra America Insurance Company Euclid / Hudson AMBest: A, XV AIG AMBest: A, XV Travelers AMBest: A++, XV ACE AMBest: A+, XV Hartford AMBest: A+, XV Crime Travelers Casualty & Surety Company AMBest: A+, XV Hartford AMBest: A+, XV Great American AMBest: A+, XIV Travelers AMBest: A++, XV Ironshore AMBest: A,I XV ACE AMBest: A++, XV Max BRT Primary States Self Insurers Risk Retention Alteris AMBest: A+, XV Munich Re (Princeton) AMBest: A+, XV Old Republic AMBest: 19 Section 5: Brown & Brown Risk Management Capabilities 20 a. Describe your office, its history, and how it works with the national office (or offices), if appropriate. Please identify all activities that are performed by the national office. The team that we have assembled is comprised of three different disciplines, each with its own area of expertise, from within the Brown & Brown family of companies. Founded in 1939, Brown & Brown’s public entity footprint is immense, with more than $175 billion in total insurable property values (TIV) represented by our team of insurance professionals. This has been accomplished by balancing our strong local and state presence with corporate expansion into national and international insurance markets. The Fort Collins based office of Brown & Brown is a top performer in this vast network of offices and is committed to the Northern Colorado marketplace. Public Risk Insurance Agency (PRIA) is a wholly owned subsidiary of Brown & Brown. PRIA operates a Risk Management Division which provides dedicated staff and resources specifically for entities with large property schedules and self-insured components. The marketing strength of our team comes from Apex Insurance Services (Apex). Apex is part of the national public entity division of Brown & Brown. Apex provides property & casualty insurance solutions to public entities through brokerage services, pool administration, excess placement, program/pool development and managing general agent/underwriting facilities. Apex produces over $750 million in public entity premium and member contribution nationwide and has become one of the country’s fastest growing, experienced and talented public entity specialists. Apex produced over $250 million in public entity premium in 2016 thus far. The Brown & Brown Fort Collins office will serve as your primary account team. See team member information below. Both PRIA and APEX provide support services and market access in this regard to ensure we capitalize on the breadth of Brown & Brown nationally while tapping the successful Fort Collins based team for local access and support. b. Provide the names, qualifications, and location of each individual that will be assigned to the City’s account. Fort Collins based team: Tyler McCallister, Executive Vice President see resume in exhibits Kären Siwek, Account Executive, Vice President see resume in exhibits Diana Vigil, Senior Account Manager, CIC, CISR 30+ years in the industry; 20+ years at Brown & Brown. Primary point person on Mrs. Siwek’s accounts for over seven years Stephanie Peterson, Associate Account Manager 5+ years in the industry; 3+ years at Brown & Brown. Secondary point person on Mrs. Siwek’s team 21 Michele DeCrescenzo, Marketing Manager 13+ years in the industry; all with Brown & Brown. Liaison to APEX team on market penetration & evolving options for future placement consideration Stephanie Grace, Operations Manager 10+ years in the industry; 3+ years at Brown & Brown. Oversees staff utilization and support in the Fort Collins office as client needs dictate evolving needs PRIA Resource: Matthew Montgomery, Executive Vice President see resume in exhibits APEX Based Team: Tim Staunton, Senior Account Executive 3+ years in the industry at Apex. Market expert for public entity placements. c. Provide information to us which indicates the financial status of your firm. Please refer to www.bbinsurance.com – investor relations to review the financial strength of Brown & Brown Insurance. Brown & Brown is an independent insurance intermediary that, through its licensed subsidiaries, provides a variety of insurance products and services to corporate, public entity, institutional, trade, professional, association and individual clients. Headquartered in Daytona Beach, Florida, offices are located across the United States, with products and services offered through four major business divisions. We are listed on the NYSE as BRO. Our corporate culture is built on vision, speed, agility and strength that allows us to thrive in the very competitive insurance environment. This unique culture has enabled us to quickly chase down new opportunities, adapt our products and services to best meet market demands, and satisfy our many and varied clients. Our drive to be the best has made Brown & Brown one of the largest and most respected independent insurance intermediaries in the nation, with 75 years of continuous service. The Company is ranked as the sixth largest such organization in the United States and seventh in the World by Business Insurance magazine. 22 Brown & Brown is one of the selected companies that comprise the Standard & Poor’s Mid-Cap 400 Index. In September 2007 FORBES.COM ranked Brown & Brown #16 on its 2007 list of “The 100 Best Mid-Cap Stocks in America.” FORBES magazine ranked Brown & Brown at #48 on its 2005 list of “America’s Best Small Companies.” FORTUNE magazine ranked Brown & Brown at #69 on its 2004 list of “America’s 100 Fastest-Growing Companies.” Starting in 2004, and continuing every year since, Brown & Brown has been designated as a Mergent’s Dividend Index Achiever. This distinct honor is based on a record of 10 or more consecutive years of dividend increases, which has been achieved by less than 3% of U.S. listed dividend-paying companies. d. Does your agency retain full-time employees engaged in specialty areas such as in-house claims and loss control and safety services? Describe the services, level of availability and provide employees’ names with a brief resume of their experience. All accounts are managed out of our Fort Collins office for support purposes. Claims are submitted to the carriers as necessary and a detailed claim log of any open claims is maintained in our office so the client services team may be kept abreast of any and all issues at any given time. Kären Siwek, Account Executive / Vice President, maintains a very close working relationship with her clients in Colorado and plays an active role in safety program development and ongoing processes. This is provided in tandem with loss control support from our vast carrier network as dictated by the client sector / needs. We rely on our carriers and their loss control services which are specialized on sector specific issues and demands. This partnership has served us well and allowed us to offer the most competitive programs to our clients while meeting the needs on a local level. Mrs. Siwek’s involvement in the account is at the client’s discretion; her larger accounts like to meet on a weekly or bi-weekly basis to ensure all needs are being addressed and tracked on an ongoing basis. As clients’ needs change, our office is committed to providing the resources necessary. 23 Section 6: Customary Service Plan 24 Please list the services that you can offer the City of Fort Collins and your approach to marketing and servicing our account. Or, please provide a copy of your customary service plan for accounts similar to the City. We realize that the services may be customized based on the needs of a particular customer. We are interested in knowing what your firm sees as critical services features. Please tie your response into the expected services found in the “Scope of Work” and further assist us by highlighting additional items and their potential value to the city. Defined Client Service and Marketing Process Brown & Brown’s Defined Client Service and Marketing Process is the framework for our business approach and a technical practice implemented in a manner that aligns with the City’s goals. This process has been developed through our years of experience and is fully customizable to suit each client’s needs. The Brown & Brown approach provides consistency in quality service, checkpoints, and timelines for monitoring our jointly agreed upon service standards, and ensures the appropriate planning occurs well in advance of the expiration date. In addition, we use Quality Committees to continuously monitor the implementation of these best practice standards. Purposefully, this process begins with transition planning, and includes an in-depth risk management analysis, in addition to service and marketing activities. What follows is an illustration of this process, with each step containing a detailed explanation along the way. TRANSITION PLAN/ANALYTICS & DIAGNOSTICS (180 days prior to renewal) Once appointed as the City's Broker of Record, we will begin to transition the work flow from your current broker(s) to Brown & Brown. Given the absolute importance of a successful transition for each new Brown & Brown client, we will employ the following steps during the implementation of the program to make the transition as seamless as possible for the city. 180 days prior to renewal 120 days prior to renewal 100 days prior to renewal 75 days prior to renewal 75 days prior to renewal Prior to renewal Prior to renewal Prior to renewal 30 days prior to renewal 60 days prior to renewal Transition & Analysis Risk & Coverage Renewal Strategy Submission Process Underwriter Meetings Negotiations Renewal Analysis Bind Coverage Summary & Open Items Stewardship & Planning 25 Step 1: Identify Appropriate Personnel  For the purpose of this RFP, our teams have been assigned and selected with an eye to delivering best in class service to the City of Fort Collins from the RFP process through full engagement and placement of all insurance lines for the City.  This effort starts at the top with the strategic leadership of Tyler McCallister, EVP – Brown & Brown Fort Collins and Kären Siwek, Account Executive – Vice President in coordination with our strategic partners at PRIA and APEX  In response to the City's RFP, Brown & Brown has engaged two national partners with subject matter expertise in all of the City's lines of insurance business. Once selected by the City, we can implement the below steps immediately. Step 2: Notify Carriers  Brown & Brown will prepare Broker of Record Letters (BORs) for the City and then file them with the appropriate carriers.  Confirm acceptance of all BORs filed. Step 3: Information Gathering/Data Acquisition  Financial statements  Exposure data  Audits  Draft submissions  Actuarial studies  Exposure data  Bylaws  Historical Policy Digest  Claims data  Policies/Summaries  Corporate information  Schedules or other data elements Step 4: Administrative  Create Open Items Report.  Further develop annual work plan to include all key stewardship tasks/dates/milestones.  Develop protocol for execution of all key deliverables.  Identify and plan for any other key administrative tasks as defined by the City.  Provide laminated team charts/contact cards.  Execute service agreement. Step 5: Risk Identification  Review all data accumulated from the information gathering/data acquisition process.  Discuss with key operational personnel (operations, finance, legal, quality, risk, claims).  Strategic discussions regarding mission, key City initiatives, financial goals, short- and long-term operational and financial goals, unique financial issues, risk philosophy.  Discuss unique claims or risk issues as defined by the City Step 6: Documentation and Implementation  Prepare a summary report detailing the process, observations, and key findings.  Review summary document and confirm findings. 26  Develop renewal timeline in conjunction with the Annual Work Plan. Our service team will coordinate these activities to help ease the administrative burden on the City. Our priority is to become intimately familiar with your overall insurance program and unique loss exposures. Therefore, we will get to know the city through a thorough review of your website, financial statements, and loss runs; an analysis of your policy language and coverage to determine the exact coverage being provided; personal discussions; and on-site visits. RISK & COVERAGE PROFILE (120 days prior to renewal) For coverage assigned to us, we will develop a Risk Profile unique to the City. We will compare this Risk Profile to your current insurance coverage to: determine any serious or unanticipated gaps that exist; review the retentions and insurance limits; and provide you with a written report outlining our observations and recommendations. RENEWAL STRATEGY MEETING (100 days prior to renewal) At least 100 days before your major renewal date(s), we will coordinate Renewal Strategy Meetings to:  Review our Risk and Coverage Analysis, the resultant Risk Profile and the adequacy of your current insurance portfolio.  Update the City on the current insurance market.  Discuss recent renewal results for similar clients.  Provide an analysis of viable underwriter alternatives, their capacity, and deductible preferences.  Obtain your thoughts on the desirability of any particular market, i.e., your past history with that carrier, the carrier’s financial rating, etc.  Provide renewal pricing ranges.  Suggest a renewal timeline and renewal options. Our goal is to provide you with a concise report outlining our mutually agreed upon game plan. UNDERWRITING SUBMISSION & PRESENTATION (75 days prior to renewal) The underwriting submissions we prepare are unrivaled in our industry. Our responsibility is to portray, with integrity, your unique Risk Profile for each line of coverage. Your underwriters will know that our submission will portray your unique risks and operations correctly, succinctly and in a clear and easily understandable format. We encourage meetings between you and the underwriters. Our goal is to distinguish you from your peers and we do so by creating first class underwriting presentations that demonstrate your unique risk characteristics. We will help you structure the material and provide input and guidance on the graphic representation of your unique results, risks and operations. 27 The underwriting submission and the underwriter presentation will be available to the market at least 75 days prior to your renewal date. UNDERWRITER MEETINGS (75 days prior to renewal) We will coordinate all underwriter meetings benefiting the City and our renewal strategy. Where possible, we will attempt to schedule these at your office. NEGOTIATIONS (60 days prior to renewal) To execute a successful renewal, we must focus on two key areas – market canvassing and the exploration of options. At our Renewal Strategy Meeting, we will have reviewed the listing of all possible market alternatives, solicited your input and agreed to those we want to approach. We will review alternative limit, retention and coverage structures. We will provide you with weekly renewal updates to keep you informed and to get your feedback and thoughts on the underwriters’ responses. RENEWAL PROPOSAL & ANALYSIS (30 days prior to renewal) We are aware that, while our clients want to have a bottom line comparison of all renewal alternatives, they also want to know the intricate details of each quotation. Therefore, our renewal proposals feature both an Executive Summary and a detailed Coverage Analysis section. Our analysis will help you make a more educated renewal decision. BIND COVERAGE (Prior to renewal) Once you have reviewed your renewal options and have selected an alternative, we will immediately process the following documents, all designed to be completed before your renewal date:  Confirmations of Coverage  Certificates of Insurance  Premium Finance Agreements (if applicable)  Claims Reporting Instructions  Program Limits Charts DESK REFERENCE & OPEN ITEMS REPORTS (Prior to renewal) We will create a Desk Reference that will include insurance summaries of the coverages bound, claims reporting instructions and contact information for your dedicated service team. 28 Our Monthly Open Items Reports and meetings are formalized events helping both of us and your underwriters to stay focused on unresolved items as well as, to discuss new risks or operational issues. STEWARDSHIP REPORT/STRATEGIC PLANNING MEETING (Prior to renewal) The Stewardship Report and Strategic Planning Meeting are designed to evaluate our performance, review the results of your renewal, discuss any new operations or acquisitions you are contemplating, identify new and emerging risks, update you on recent market conditions/trends, and plan our next renewal strategy meeting. SUMMARY We appreciate you taking the time to review our Service and Marketing Process, which details specific activities related to transitioning your insurance to us. This strategic framework allows us to effectively market your renewal as we gain a better understanding of your coverage and risk exposures. Through this process, you will have an opportunity to evaluate our performance, from which we will collaborate on increasing the likelihood of favorable renewal outcomes for your organization. 29 Section 7: Team Member Services 30 Please explain how the functions of each team member will ensure continuity in the services to the City. Fort Collins based team: Tyler McCallister, Executive Vice President Mr.McCallister’s role will be one of strategic support and access to corporate resources as the need arises. Mr. McCallister brings a unique skill set to the team as he started and nurtured his career at Brown & Brown in the corporate headquarters of Brown & Brown in Daytona Beach, FL. This provides us with unprecedented access to the decision makers at Brown & Brown. Kären Siwek, Account Executive, Vice President Mrs. Siwek is a long time resident of Fort Collins as well as a national, top performer in the Brown & Brown network of offices. Her unique skill set of being a CPA as well as a Certified Insurance Counselor allows her to approach her clients’ needs in a different light that balances the budget with the appropriate coverage needs demanded by the City’s unique environment. Diana Vigil, Senior Account Manager, CIC, CISR Mrs. Vigil will act as the day to day contact for the City and manage all complex questions as well as account needs. Mrs. Vigil is also a long time resident of Fort Collins and committed to providing proactive service to the team at the City Stephanie Peterson, Associate Account Manager Mrs. Peterson’s support to the team will provide certificate support as well as policy endorsement processing as needed. Her turn around time is extremely quick and her attention to detail is second to none. Michele DeCrescenzo, Marketing Manager Mrs. DeCrescenzo, another long time Fort Collins resident, will support us with the ever changing market landscape and ensure that APEX has the necessary information to act in a proactive manner to best meet the needs of the City. 31 Stephanie Grace, Operations Manager Mrs. Grace’s role will be to adequately staff and provide resources based on the City’s needs. She has been an integral part of our office’s growth and the development of policies and procedures that comply with Brown & Brown corporate standards as well as meet the needs of our client mix. 32 Section 8: Proposed Cost of Services And Section 9 Long Term Pricing 33 Detail the proposed cost of the services outlined in this RFP. Is the cost all-inclusive, or do certain services require additional fees? Please make it clear what your costs cover. Annual Brokerage Fees (flat fee basis) Our fee will be payable on an annual basis and is all inclusive of the services outlined in the RFP. The fee for our services for the first year of the contract will be $55,000. Per FEMA regulations, National Flood Insurance Program (NFIP) flood policies may not be written net of commission. Nor may commissions paid be returned to the policy holders by the agent. Therefore, our proposed fee is all-inclusive with the exception of NFIP commissions. We will disclose any NFIP commissions received to the City upon receipt of the policies each year. Considering the contract period of (five years or one year, with up to four (4) additional one-year periods), please provide pricing for up to five (5) years. Responses should include annual fee escalation if applicable. When are fee reductions appropriate and when increased are indicated, how are service levels affected? A final point on broker compensation, fees or the equivalent in premium cost are not only a consideration, they are an important determinant for the City. The five year fee structure would be as follows: Year Fee Amount 2017 $55,000 2018 $55,000 2019 $55,000 2020 $55,000 2021 $55,000 34 Section 10: Initial Recommendations 35 With information on the City program’s limit structure, coverage scope, claims and demographics, please identify improvement opportunities based on best practices or market conditions. The opportunities the City is most interested are: a. Coverage recommendations b. Premium Goals c. Structure recommendations Coverage Recommendations: Based on our review of Attachment A as provided in the RFP specifications, we would request additional information on the following exposures: • Cyber liability • Pollution liability • Equipment / Installation Floater • Employment Practices Liability – first and third party exposures • Sexual Abuse & Molestation Liability • Assault & Battery Liability • Workplace Violence Liability • Employee Benefits Liability • Property: o Building ordinance or law o Historical property coverage o Green / LEED certified coverage o Commandeered property o Communication equipment o Free standing signs o Property in transit o Law enforcement animal protection Premium Goals / Structure Recommendations As outlined in sections 8 & 9, we believe our proposed fee to be very competitive. We also will endeavor to look for ways to create efficiencies in the current program to provide a simpler, more cohesive approach. 36 Section 11: Responsibilities of Broker / Agent 37 List what your firm believes to be the three most important responsibilities of a broker/agent and give a very brief example of how you have fulfilled these three responsibilities for one of your existing clients. Also, please provide reference contact information for this client. 1. Expertise – understand the insured’s potential and existing exposures and recommend appropriate coverage as needed for consideration to add to the program on a proactive basis. This may only be achieved by regular and free flowing, sharing of changing issues / environments. Example: Liberty Common School – recently, a new Finance Operations Manager was appointed and as their agent, I spent the time training her and bringing her up to speed on the risk mgmt. program. I recommended that we market the account and we saved them significant premium dollars as a result of our efforts. Katrina Brossia, Financial Operations Manager Liberty Common Schools 970.482.9800 2. Concierge Level Service – 7 x 24 hour access to an agent who is local and able to respond to a potential claims issue within minutes of notification and help remediate / rectify a possible solution before a claim situation arises. Also available to discuss situations as they arise and help mitigate concerns. Example: Exodus Moving & Storage – the insured was in need of significant training and updating to their safety program. I began meeting with them weekly to address all facets of safety and how we roll out robust updates to their program. The end result is a significant drop in their experience modification factor for their workers compensation and an aggressive renewal program. Carrie Newman, Director of Business Development Exodus Moving & Storage 970.484.1488 3. Listen – we are here to listen to you and understand your concerns Example: National Offender Management Systems – this account has a multi-state footprint and has experienced significant growth and expansion of services during the six years that I have been working with them. The owner / CEO, Dan, is a very strategic, visionary thinker and needs me to be sure that I design his program not only for today but what lies ahead. The end result is a very robust risk management program for an exceptionally complicated business. Dan Beeck, CEO National Offender Management Systems 303.657.1405 The Brown & Brown service model has been developed and adopted on a national basis. Our job is to act as your risk manager and ensure all needs are addressed immediately and concerns are discussed in a proactive manner so there are NO SURPRISES. Communication is the key to our success! 38 Section 12: Why Brown & Brown 39 Please explain why you believe that you and your organization are the best firm to represent the City in the marketplace and how your approach to client services and program is unique. Brown & Brown Insurance, with our immense size and highly regarded reputation, allows us to maintain long-standing relationships throughout the insurance industry. In an effort to deliver additional expertise, we will also partner with nationally owned intermediaries with niche concentrations in public entity insurance. This will truly provide us with the most comprehensive program for the City of Fort Collins. Our sheer size also allows us to negotiate with a plethora of carriers and procure competitive quotes to ensure superlative coverage and the best pricing for the City of Fort Collins. Even though Brown & Brown is the sixth largest brokerage in the United States, the Fort Collins office (as well as all Brown & Brown offices) continues to be a free-standing and self-sustaining subsidiary of Brown & Brown, Inc. Therefore, the individuals dedicated to your risk management program and overseeing loss control, claims management, and marketing for the City will be the same people that you will find jogging at City Park or strolling down College Avenue. Brown & Brown of Fort Collins understands the concerns of the City and, with our local touch and ubiquitous presence nationally, we believe that we can provide the right balance of size and attentiveness to supply the City with the best risk management strategy moving forward. Kären Siwek will lead all aspects of the team for the City of Fort Collins. She will deliver strategic, thoughtful leadership to the City’s team and will be responsible for providing detailed exposure analysis and program design. Kären is a Certified Insurance Counselor as well as a Certified Public Accountant; this adds another dimension to the insurance expertise allowing her to prepare cost allocations, presentation of annual reports or future plans and goals, creation of an underwriting database, audit analysis, claims and loss ratio analyses. She is well-versed at loss control evaluation, loss control education and claims negotiation. Kären is civic- minded and is involved with many Fort Collins philanthropic endeavors, as well as being available 24 / 7. Diana Vigil, CIC, CISR, has 30 plus years of insurance experience. Diana and her team will be responsible for handling the City’s administrative needs. She does not take the day to day activities for granted and has developed service standards as a promise to our customers. She will issue binders, certificates, and other coverage verification documents within 24 hours, or sooner if needed, and returns calls within the same day. Tyler McCallister, Executive Vice President, CPCU, ARM, ASLI, AI, AAI, comes to Fort Collins from our corporate headquarters in Daytona Beach, FL. Tyler is well-versed in large deductible programs, actuarial services and risk management principles and has relationships nationwide that bring value to the marketing efforts. Tyler will work closely with Kären in data and risk analysis and program design. Tyler excels at detailed coverage summaries, loss data analysis and will serve as a liaison and advocate to the City. The Brown & Brown Fort Collins office is excited for the opportunity to service the city in which we all reside. Without an acute understanding of a city’s culture environmentally, socially and fiscally, it is difficult to discern what risk management approach truly suits Fort Collins. Our office feels we have that vision and are eager to better serve both the government employees and each citizen that calls Fort Collins home. 40 Exhibits Asset Management Platform 41 Our proposal includes access to AMP: 42 43 Exhibits Touchstone Platform 44 Touchstone is our Risk Analytics platform as referenced in Tab III, page 16. 45 Exhibits ModMaster 46 ModMaster provides analysis and forecasting for Workers’ Compensation Experience as referenced in Tab III, page 16. 47 Exhibits RiskMeter 48 RiskMeter is our hazard risk data source as referenced in Tab III, page 16. 49 Exhibits Resumes 50 Tyler McCallister Executive Vice President Brown and Brown of Colorado EXPERIENCE Brown and Brown of Colorado, Inc. August 2015 to Present. Executive Vice President Responsible for the executive oversight of Brown and Brown of Colorado, Inc. Additional duties include production, marketing and service of commercial insurance programs and accounts. Brown and Brown, Inc. – Corporate Headquarters August 2015 - July 2014. Commercial Lines Manager Responsible for the managerial oversight of the Community Insurance Services division. Additional duties include production, marketing and service of commercial insurance programs and accounts. Brown and Brown, Inc. – Corporate Headquarters October 2012 – 2014. Account Executive Responsibilities include analyzing risk exposures and coverage needs, development and design of individualized insurance programs, marketing and service of commercial programs, and relationship development with emerging insurance markets. Brown and Brown, Inc. – Corporate Headquarters July 2011 – October 2012. Financial Operations Internal Auditor Assist in financial operations review of the Retail, Programs, Claims, and Brokerage offices on an annual basis. Develop pro forma analysis of potential acquisitions with the Mergers and Acquisitions department. Perform due diligence review for potential acquisitions as required. EDUCATION B.S. in Business Administration, University of Central Florida, Orlando, FL LICENSES 2-20 General Lines Agents License, State of Colorado PROFESSIONAL Chartered Property Casualty Underwriter (CPCU) DESIGNATIONS Associate in Risk Management (ARM) Accredited Adviser in Insurance (AAI) Associate in Commercial Underwriting (AU) Associate in Surplus Lines Insurance (ASLI) SERVICE & Member, Professional Independent Insurance Agents of Colorado, Budget Committee Member, Summitstone Health Partners, Board of Directors AREAS OF Contractual Indemnification and Risk Transfer EXPERTISE 51 Kären E. Siwek Account Executive/Vice President Brown and Brown of Colorado EXPERIENCE Brown and Brown of Colorado, Inc. August 2009 to Present. Account Executive, Vice President Responsibilities include direct consulting with clients to identify and analyze risk exposures and coverage needs, and develop and design individualized insurance programs. Professional client services include oversight of insurance and risk management programs, including claims advocacy, internal policy and procedures development, and contract review. Effective and efficient communication methods for elected board presentations, committee meeting participation, and coordination of daily staff service objectives. Ultimate Escapes, LLC October 2004 to May 2009. Chief Financial Officer / Chief Real Estate Officer / Owner Responsible for all financial aspects of the business as well as real estate acquisitions across the United States and in seven foreign countries. WPP Group plc May 1994 – October 2004. Chief Financial Officer Responsible for all financial aspects of Research International–Market Research division with ten offices across the United States. Specific focus on mergers & acqusitions. Arthur Andersen August 1988 – May 1994. Audit Manager EDUCATION B.S. in Accountancy, Arizona State University, Tempe, Arizona LICENSES Certified Public Accountant, State of Arizona Property & Casualty Producer, State of Colorado PROFESSIONAL Certified Insurance Counselor (CIC) DESIGNATIONS SERVICE & Foothills Rotary Club, Fort Collins, CO ACTIVITIES United Way of Larimer County: Treasurer, Member of Board of Directors Member of Executive Committee Chair of Finance & Audit Committee Board Liaison to WomenGive Member of P.E.O. AREAS OF Mergers & Acquisitions EXPERTISE Financial Statement Analysis 52 Matthew Montgomery Executive Vice President Public Risk Insurance Agency EXPERIENCE Risk Management Associates, Inc. dba Public Risk Insurance Agency (a wholly owned subsidiary of Brown & Brown, Inc.) 2015 to Present. Executive Vice President Responsible for the executive oversight of Public Risk Insurance Agency. Additional duties include production, marketing and service of public entity insurance programs and accounts. September 2013 –2015. Account Executive Responsibilities include direct consulting with clients to identify and analyze risk exposures and coverage needs, and develop and design individualized insurance programs. Professional client services include oversight of insurance and risk management programs, including claims advocacy, internal policy and procedures development, and contract review. Florida Department of Highway Safety and Motor Vehicles May 2012 – September 2013. Legislative Affairs Director Served as the lead on all departmental advocacy before the legislature, including all lobbying on behalf of the Florida Highway Patrol. Responsibility for all budget and legislation and responsible for securing the funding to run one of the largest state agencies in Florida. Southern Strategy Group December 2007 – May 2012. Partner Lobbyist Advocated on behalf of clients such as Disney, Apple, NASCAR, BCBS, and CVS. Partner in the largest state-level lobbying firm in the country. Experience lobbying the Executive and Legislative branches at all levels. Florida Department of Agriculture and Consumer Services January 2007 – December 2007. Deputy Director, Office of Legislative Affairs Legislative advocacy for Cabinet Level agency focusing predominantly on the House of Representatives. Charles H. Bronson Campaign January 2006 – January 2007. Deputy Campaign Manager Responsibilities included all internal organization of contributions, volunteers, scheduling, and communications. United States Senate, Office of Senator Bill Nelson (FL) December 2002 – June 2006. Assistant to the Chief of Staff Responsible for incoming communications which included over 300 calls a day and over 100 pieces of written communication. EDUCATION Florida State University, BS Degree, Philosophy LICENSES 2-20 General Lines Agents License, State of Florida 2-15 Life, Health, and Variable Annuities License, State of Florida 53 Michele DeCrescenzo Marketing Manager Brown & Brown of Colorado EXPERIENCE Brown & Brown of Colorado, Inc. March 2013 to Present. Marketing Manager Responsible for production and renewal of commercial lines insurance products through strong relationships and deep knowledge of property, casualty, and workers compensation. Company marketing expert specializing in placement of large accounts, high risk and unique businesses. Extensive knowledge and comprehensive understanding of insurance risks and exposures. Poudre Valley Appliance, Inc. June 1996 to 2012. Business Owner General managed all aspects of the business within the four walls of the store in addition to the service operations. Oversaw inventory, sales, profit, growth and visual merchandising. Responsible for maximizing revenue and gross profit by driving sales and maintaining a highly talented and motivated staff. Brown & Brown of Arizona February 1988 to June 1996. Vice President of Marketing Company marketing expert specializing in placement of large accounts, high risk and unique business. Responsible for cultivating relationships with major carriers and adding new companies expanding product lines. Acted as subject matter expert supporting client questions. EDUCATION B.S. in Biology, Arizona State University LICENSES 03-13 General Lines Agents License, State of Colorado PROFESSIONAL Certified Insurance Counselor (CIC) due to complete 2016 DESIGNATIONS 54 Additional Client References from the Brown & Brown family of companies: Southwest Florida Clients Lee County City of Naples City of Naples Airport Authority Lee County Schools Collier County Schools Collier Mosquito District Immokalee Water & Sewer District City of Marco Island Client (alphabetically) Property Liability Auto Liability Public Officials / EPL LEL Workers Compensation Hospital Professional Liability Excess Benefit Partner Airlington County, VA XX Bergen County Municipal Joint Insurance Fund, NJ XX XX XX XX XX APEX Boone County, IL XX APEX Camden County, NJ XX XX APEX CareSource XX XX Wells Clark County, NV XX APEX Cleveland County, OK XX XX XX XX XX APEX Cobb County, GA XX XX APEX Duke XX RPS Fulton County, Ga XX APEX Harvard XX RPS Lee Memorial XX XX XX XX XX Wells Lubbock County, TX XX APEX MCIC* XX RPS Metropolitan Pier XX Lambent Morris County Municipal Joint Insurance Fund, NJ XX XX APEX Norfolk County, MA XX APEX Northwest Physicians Network XX XX XX XX Wells Northwestern XX RPS Orange County, CA XX APEX Samaritan Health Plans XX Wells Suffolk County, NY XX APEX Town of Cicero XX XX XX Lambent University of Chicago XX RPS *includes Columbia University, Johns Hopkins, NY Presbyterian, Rochester Medical Center, Cornell, Yale 55 Name of Entity Property TIV State of Florida $22,000,000,000 Orange County School Board $4,856,000,000 Lee County School District $2,100,000,000 Lee County BOCC $1,581,000,000 City of Tallahassee $1,355,000,000 District School Board of Collier County $1,275,500,000 District School Board of Pasco County $1,485,000,000 Brevard County BOCC $727,000,000 City of Miami, Florida $600,000,000 Sarasota County $621,000,000 City of West Palm Beach $525,000,000 Tampa Bay Water $515,000,000 City of Fort Lauderdale $507,000,000 Marion County $501,600,000 56 PRIA CLIENT LIST Cities / Towns / Villages Atlantis Davenport High Springs Madison Perry Auburndale Davie Highland Beach Marco Island Pierson Aventura Deltona Indian Shores Margate Polk City Bal Harbour Village Destin Indian River Shores Mayo Punta Gorda Bay Harbor Islands Doral Inverness Miami Royal Palm Beach Belleview Eagle Lake Jacksonville Beach Miami Gardens St. Cloud Bunnell Edgewater Jupiter Mulberry Sarasota Casselberry Fellsmere Lake Helen Naples Tallahassee Chattahoochee Fort Lauderdale Lake Worth North Miami Treasure Island Chipley Fort Walton Beach Lauderhill North Port West Palm Beach Coconut Creek Groveland Lighthouse Point Ocala Weston Dania Beach Haines City Madeira Beach Palm Bay State / Counties Baker Clay Flagler Gilchrist Jefferson Levy Okaloosa Wakulla Brevard Columbia Florida, State of Gulf Lafeyette Madison Santa Rosa Washington Citrus Desoto Gadsden Highlands Lee Marion Sarasota Schools / Universities Collier School District Lee County School District Orange School District University of Florida Florida Atlantic University Madison School District Pasco School District University of West Florida Florida International University Marion School District Seminole School District Florida Polytechnic University Okaloosa School District University of Central Florida Special Districts Barefoot Bay Recreation District Fellsmere Water Control District Lakewood Ranch Stewardship District Pine Tree Water Control District Suwannee River Water Management District Bayfront Park Management Trust Ft. Myers Housing Authority Lee County Housing Authority Pinellas Park Water Management District Tallahassee Community Redevelopment Agency Big Bend Water Authority Ft. Myers Beach Fire District Lehigh Acres Municipal Services Improvement Pinellas Suncoast Fire & Rescue District TBARTA Bonita Springs Fire Control District Highlands County Sheriff Loxahatchee Groves Water Control District Pinellas Suncoast Transit Tampa Bay Water 57 Fort Collins based references: Katrina Brossia, Financial Operations Manager Liberty Common Schools 970.482.9800 Agent of Record / Risk Management Consulting / Employee Benefits Broker. 15 years Dan Beeck, CEO National Offender Management Systems 303.657.1405 Agent of Record / Risk Management Consulting / Employee Benefits Broker. 6 years Carrie Newman, Director of Business Development Exodus Moving & Storage 970.484.1488 Agent of Record / Risk Management Consulting. Broward MPO Hillsborough Transit Authority Loxahatchee River District Pompano Beach Housing Authority Tampa Historic Streetcar Buckhead Ridge Mosquito Control District Immokalee Fire Control District Melbourne-Tillman Water Control District Port Ybor Association, Inc. Three Rivers Regional Library System Central Florida Fire Consortium Immokalee Water and Sewer District Miami Beach Housing Authority Ranger Drainage District Tindall Hammock Irrigation & Soil Charlotte County Sheriff Indian River Lagoon Council Miami Sports & Exhibition Authority Sanibel Fire & Rescue Titusville Housing Authority Children’s Board of Hillsborough County Jacksonville Beach CRA Moore Haven Mosquito Control District Sebring Airport Authority Upper Captiva Fire District Citrus County Sheriff Jupiter Redevelopment Agency Naples Airport Authority Seminole Improvement District Viera Stewardship District Citrus Mosquito Control District Key Largo Fire Rescue & Emergency Medical New River Solid Waste South Indian River WCD Wakulla United Firefighters Association Clay County Utility Authority Key Largo Volunteer Fire North Springs Improvement District South Trail Fire Washington County Sheriff Collier Mosquito Control District Lake Asbury MSBD Northern Palm Beach County ID Southeast Overtown Park West CRA West Palm Beach CRA Davie Community Redevelopment Agency Lake Region Lakes Old Plantation Water Control District Southwest Florida Water Management District Winter Haven Housing Authority Emerald Coast Utilities Authority Lake Worth Drainage District Palm Beach County Housing Authority Spring Lake Improvement District 53 Community Development Districts Estero Fire Rescue Lakewood Ranch Interdistrict Authority Peach River / Manasota Regional WCD St. Johns River Water Management District A+, XII One Beacon AMBest: A, X Travelers AMBest: A++, XV Max BRT Excess Evanston Insurance Company Starstone (Torus) AMBest: A-, XI Civic Risk (Scottsdale) AMBest: A+, XV Markel (Evanston) AMBest: A, XV Ironshore AMBest: A, XIV Allied World AMBest: A, XV Max BRT Excess Great America Assurance Company Starstone (Torus) AMBest: A-, XI Civic Risk (Scottsdale) AMBest: A+, XV Markel (Evanston) AMBest: A, XV Ironshore AMBest: A, XIV Allied World AMBest: A, XV Given the number of markets that we have identified above, we have not included the prospectus for each carrier. We will be happy to do so once we can narrow down the list of market options. AMBest: A++, XV Travelers AMBest: A++, XV Allianz AMBest: A+, XV Hanover AMBest: A, XV Equipment Breakdown XL Insurance America Travelers AMBest: A++, XV Hartford AMBest: A+, XV Chubb AMBest: A++, XV Allianz AMBest: A+, XV Hanover AMBest: A, XV Excess Workers Compensation Midwest Employers Casualty Company Safety National AMBest: A+, XIV Midlands AMBest: A, IX US Specialty AMBest: A+, XV Midwest AMBest: A+, XV ACE AMBest: A+, XV Volunteer Accident & Health Hartford Life & Accident Insurance QBE AMBest: A+, XIV Chubb AMBest: A++, XV Philadelphia Insurance Company AMBest: A++, XV Gerber Life Insurance Company AMBest: A, XI Axis Accident & Health Accident Insurance Company AMBest: A+, XV Casualty States Self Insurers Risk Retention Alteris / Argonaut AMBest: A, XII Munich AMBest: A+, XV Old Republic AMBest: A+, XII One Beacon AMBest: A, X Travelers AMBest: A++, XV