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Approval to Purchase the Renewals of All Lines of Commercial Coverage (as outlined below) for the County’s Commercial Insurance Program under, Contract Y15-192, Insurance Broker and Consultant Services, for premiums not-to-exceed $4,890,800.
Commercial Insurance Program Amount
Commercial Property Program $4,000,000
Includes Stand-alone Terrorism, Boiler & Machinery
and Vehicle and Mobile Equipment Policies
Excess Public Entity Liability $510,000
Cyber Liability & Extortion $112,000
Commercial Crime & Public Officials Bonds $15,000
Vendor Liability Programs** $5,000
Neighborhood Services Grants- Liability*** $13,000
Corporate Counsel $18,000
Corrections AD&D and Med Pay Policies $12,800
Broker’s Fee $205,000
([Office of Accountability Risk Management and Professional Standards Division] Procurement Division)