Addendum_1_-_RFP_2018-0369.pdf

City of Casselberry

PROPERTY AND CASUALTY INSURANCE

FOR THE CITY OF CASSELBERRY

Addendum 1 for RFP No. 2018-0369

1) Last three years of Policy Premiums.

a. 2018 – $645,519

2017 – $647,286 2016 – $652,832

2) List of any underinsured or not insured losses sustained by the City in the last three years?

a. None.

3) What is the motivation for the issuance of the current RFP?

a. The City has not previously bid its insurance and is interested in what is available in the marketplace.

4) Broker Compensation for the past three years, either in the form of commissions and/or fees and/or a combination of the prior two areas? The reason we ask this question is to understand what the level of service which has been required by the City to service the needs of the City.

This will assist in helping us to understand the level of service we will need to commit to satisfy the City’s future needs.

a. All broker compensation, commission and fees are included in the policy premiums as listed in question 1.

5) What one area from a Risk Management standpoint is your greatest fear, i.e. what keeps you up at night from a Risk Management standpoint?

a. There are no major concerns at this time.

6) Are there any future construction projects over $10,000,000 that the City is planning in the near future?

a. None at this time.

7) There is a property schedule in Attachment A that is different than Attachment B. Please confirm which property schedule to use.

a. Please use the attached schedules.

8) Does the City wish to use the most current experience modification for Workers Compensation?

a. The City wants to use whatever results in the most competitively priced product.

9) Please provide a breakdown of the law enforcement personnel in the following categories.

a. Full Time with Arrest Powers - 58

Part Time with Arrest Powers - 0 Full or Part Time without Arrest Powers - 1 CSO Volunteers - 2 plus various volunteer chaplains Clerical in the Police Department - 8 Police Dogs - 0 Police Horses - 0

10) The proposal due date is shown as August 10th and August 3 on page 2 of the RFP. Can you clarify which date is correct?

a. The correct due date is August 10, 2018.

11) The FMIT policy provided in the RFP shows 57 sworn law enforcement officers. However the

City's website shows 53 sworn officers. Which number should we use for underwriting?

a. 58

12) Does the City have ride-along program in the police department?

a. Yes.

13) Are there any part time or auxiliary (volunteer) police officers?

a. No.

14) Current Workers’ Compensation Experience Mod

a. The workers’ compensation experience mod for the 18-19 period is 1.22.

15) The payroll schedule provided does not add up to the total provided. The final total on the schedule is $9,351,465 but the sum of the provided payrolls is $9,573,175. Are there any missing class codes or was the total incorrect?

a. The correct total of payroll is $9,573,175.

16) Can you provide the auto schedule in Excel?

a. Please see attached.

17) Can you provide the property schedule in Excel?

18) Can you provide more recent loss runs, preferably in Excel?

19) Can you provide claim details for claim WC2014128780 on 03/04/2014?

a. This claim is closed, it settled for $39,100, inclusive

20) What is the current AOP deductible and is there a stop loss?

a. The AOP deductible for property coverage is $500. There is no stop loss on this line of coverage.

21) On page 14 of the RFP under 11. Current Coverage Information, it states that Workers’ Compensation is a first dollar program with no retention. However on Page 18, it states that Workers’ Compensation has a $25,000 deductible stop loss with a $169,598 maximum. Can you clarify?

a. Losses are adjusted by the carrier from the ground up and a deductible is then assessed. It is a true deductible and not a self-insured retention.