Specifications include, but are not limited to: o Evaluate the City’s existing insurance program, and recommend any necessary changes to terms, conditions, or coverage limits to ensure the program is affordable and adequately protects the City. o Recommend types of insurance coverages, policy limits, policy terms, and program adjustments for current coverages including but are not limited to: general liability, public official’s liability, business automobile, law enforcement liability, professional liability, crime, workers compensation, fiduciary liability, waterfront marine, pollution liability, cyber, and umbrella liability. o Develop an insurance marketing strategy and place all required coverages. Provide premium estimates at least sixty (60) days in advance of annual renewal dates. o Assist the City in completing and submitting insurer applications for all coverages. o Assure that insurance policies are placed with reputable and financially responsible insurers (per AM Best, Moody’s, S&P, etc.).
