Specifications include, but are not limited to: review, analysis, recommendations, and placement of all insurance policies in the areas of workers’ compensation, safety & loss control, property, casualty, and liability coverages as well as responding to questions and assisting with claiming filing and tracking through-out the contract period. In addition: • In advance of expiration date and/or anniversary date of each policy, Broker of Record shall research and evaluate all markets, including present insurer(s), and apprise the city, well in advance of expiration and/or anniversary, or coverage availability, choices, costs, recommendations, change in terms and conditions, status of insurer(s), etc.; • Submit written comparison of benefits and pricing between current program and prospective plans to the City Manager and Human Resource Manager and make recommendations.; • Inform the City Manager and Human Resource Manager of changes in insurance market conditions, status of insurers, legislative activity, and laws as these may affect the City of Palmer.; • Seek information from the insurance industry and other sources regarding the availability of products, coverage, rating information, licensing data, etc., which may assist and/or affect the City.; • additional insurance coverage and modifications, updating or upgrading of existing coverage(s).
