75D7D125-5CE5-42ED-81F4-56EAD8CE9B60.pdf

This is a proposal for actuarial services from Aon Risk Consultants, Inc. (AGRC), an Illinois corporation, to the University of Nebraska (UofN), a state institution. The proposal was submitted on August 7, 2020, and signed by Cuesta Kapower, Vice President/CFO for UofN, and Joseph Kilroy, Senior Vice President for AGRC. The engagement involves actuarial and analytical services related to workers' compensation losses and is governed by the laws of the State of New York.

The contract calls for AGRC to deliver actuarial services including prospective workers' compensation loss and ALAE forecasts for the 7/1/20-21 policy period at multiple retention levels, historical policy period ultimate loss and ALAE analysis as of 6/30/20, and cost estimates for large deductible and self-insurance programs. The professional fee for these services is a flat rate of $3,500, with services commencing August 1, 2020, and concluding November 30, 2020. Payment is due within thirty days of invoice receipt. Material expenses are not anticipated; however, reimbursable expenses such as travel may be invoiced in addition to the professional fee if necessary and approved by the client. The contract may be extended beyond the stated duration with formal written amendment. The proposal is valid until August 31, 2020, and all deliverables and data provided shall become the exclusive property of UofN, though AGRC retains rights to prior work and methodologies used in generating the analysis.