Exhibit_AC-Ambridge_Partners_LLC_-_SIR_Package_Application-Outsourcing.pdf
PDF 92 KB Posted
- Attached to
- Excess Liability Insurance
- Solicitation number
- 2024-316
- Issued by
- Collin County, Texas
About this file
This document is an application for excess liability insurance from Ambridge Partners LLC, related to Collin County's procurement of supplemental insurance coverage. The application covers potential outsourcing of services, additional coverage areas including Law Enforcement Liability, Sexual Abuse Liability, Social Services, Higher Education Institutions, Dam/Levees/Reservoirs, Utilities, and Transit Authority. The county is seeking a three-year contract with options for two additional one-year extensions, specifically for excess general liability insurance with self-insured retention (SIR) levels ranging from $1,000,000 to $2,000,000 and coverage amounts of $3,000,000 to $5,000,000.
The application requires comprehensive documentation including COPE property schedules, automobile value schedules, financial statements, policies and procedures manuals for employment practices and sexual harassment/abuse, workers compensation payroll details, and ground-up loss data for the past five years. The document emphasizes detailed disclosure of any outsourced services, requiring information about third-party providers, specific insurance and indemnity agreements, and documentation of contracts and insurance certificates. The application is part of Collin County's process to secure comprehensive liability protection with flexible coverage options that address multiple potential risk areas.
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OUTSOURCING OF SERVICES AND FUNCTIONS
No
If yes, please describe the service(s) outsourced?
FOR EACH AND EVERY OUTSOURCED SERVICE, PLEASE ANSWER THE FOLLOWING QUESTIONS?
1. What is the full legal name of the third party that will actually be providing the service or function?
2. What are the specific agreements in place with the contracted third party in regard to insurance and indemnity?
3. Do you have a written contract or agreement with the contracted third party and a certificate of insurance or other proof of coverage in regard to the service or function? (You may be asked to provide copy of the contract or certificate of insurance)
Does the applicant outsource any services or functions, either internal or external, to a third-party, i.e. transportation, waste collection, administration of employee benefits, etc.?
PSI v20091201
CHECKLIST
Have you supplied the following information with this application?
Full and latest COPE property schedule of values in Excel
Automobile schedule of values in Excel
Copies of the most recent financial statement and annual report
Policies & Procedures manual for employment practices and Sexual Harassment
Policies & Procedures Manual for Sexual Abuse/Misconduct
Workers Compensation Payroll by Class Code
ADDITIONAL APPLICATIONS
Have you completed the additional applications for obtaining a quote for supplemental coverages?
1. Law Enforcement Liability
2. Sexual Abuse Liability
3. Social Services Application
4. Higher Education Institutions
5. Dam/Levees/Reservoirs
6. Utilities
7. Transit Authority
Ground-up and uncapped loss data for the last 5 full years plus current year minimum valued at no earlier than 90 days prior to inception
DECLARATION
Agree / Disagree Name of Assured / Legal Representative / Agent Date
Please confirm that you have read and agree with the above statement -
NOTICE:
THE UNDERSIGNED(S) CERTIFIES THAT HE/SHE IS THE DULY AUTHORIZED
REPRESENTATIVE(S) OF EACH PROPOSED ASSURED WHO SUBMITS THIS APPLICATION TO
AMBRIDGE PARTNERS LLC FOR A POLICY OF INSURANCE.
THE UNDERSIGNED REPRESENTS THAT THE STATEMENTS SET FORTH IN THE APPLICATION
ARE TRUE AND CORRECT TO THE BEST OF THEIR KNOWLEDGE, AND THAT REASONABLE
EFFORTS HAVE BEEN MADE TO OBTAIN INFORMATION WHICH IS SUFFICIENT AND ACCURATE
FOR THE PURPOSES OF OBTAINING THIS PROPOSED INSURANCE.
THE APPLICATION WARRANTS THAT IF THE INFORMATION SUPPLIED ON THE APPLICATION
CHANGES BETWEEN THE DATE OF THIS APPLICATION AND THE INCEPTION DATE OF THE
POLICY PERIOD, YOU SHALL IMMEDIATELY NOTIFY AMBRIDGE PARTNERS LLC OF SUCH
CHANGE.
SIGNING OF THIS APPLICATION DOES NOT BIND AMBRIDGE PARTNERS LLC TO OFFER OR THE
APPLICANT TO ACCEPT INSURANCE, BUT IT IS AGREED THAT THIS APPLICATION SHALL BE
THE BASIS OF THE INSURANCE CONTRACT AND WILL BE ATTACHED AND MADE PART OF THE
POLICY SHOULD A POLICY BE ISSUED.
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