The Risk Management Consultant (hereinafter the “Consultant”) shall: 1. Assist Township in identifying its insurable property and casualty exposures and recommend professional methods to reduce, assume or transfer the risk loss. 2. Conduct risk assessment and mitigation. 3. Evaluate insurance options, perform analysis of exclusions and deductibles. 4. Solicit insurance proposals to secure cost effective insurance coverage including general liability, automobile, employment practices liability, boiler and machinery, worker compensation, public official and police liability. 5. Familiar with the Joint Insurance Funds. 6. Assist the Township in understanding and selecting the various coverages available from the Middlesex County Joint Insurance Fund and the Municipal Excess Liability Joint Insurance Fund. 7. Review with the Township any additional coverage that the Consultant feels should be carried but are not available from the Fund and subject to the Township’s authorization place such coverages outside the Fund. 8. Review the Township’s assessment as prepared by the Fund and assist the Township in the preparation of its annual insurance budget.
