1. Identifying issues and exposures and negotiating on the Township’s behalf with insurance carriers. 2. Serving as Township’s broker of record and being authorized to represent and assist the Township in discussions and transactions with all insurance carriers, provided that the Broker shall not place any insurance on behalf of the Township unless so authorized in writing by the Township. 3. Broker must be qualified and authorized to be recognized as broker of record for all prospective insurance carriers and companies for the Township. 4. Reviewing policies and endorsements for accuracy and conformity to specifications and negotiated coverages. 5. Providing coverage summaries to the Township for all new coverages and updates on changes to existing coverages. 6. Processing or facilitating the processing of certificates of insurance, as requested by the Township. 7. Attending any other meetings that Township deems necessary. 8. Reviewing all correspondence referred by the Township, and preparation of correspondence on behalf of the Township, if requested. 9. Providing regular Risk Management services to the Township and its staff. 10. Assistance with the development of and planning of long-range insurance strategies.
