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DocuSign Envelope ID:A4C366A3-F5D9-473B-9218-AF49BCCA02E0 <br /> We will work with Orange County to eliminate, minimize or mitigate as many <br /> risks as possible. Because risk management is not a static process, we will <br /> continuously work with you to evaluate and present new strategies to address <br /> your exposure to risk. <br /> We will partner with Orange County to minimize your total cost of risk rather <br /> than simply transferring it. By using an approach that is consultative in nature, <br /> our solutions address more than the cost of insurance premiums. Our services <br /> include risk assessment, risk strategy, program design, risk transfer <br /> transactions, TPA selection and evaluation, vendor management, risk control <br /> services and development of policies and procedures. The proposed Willis <br /> team has significant experience with self-insured programs for public entities in <br /> the Carolinas and throughout the U.S. We have expertise in developing, and <br /> implementing virtually all forms of risk finance programs. Among the risk <br /> finance programs that may be viable for Orange County are: <br /> vm Guaranteed Cost—full risk transfer r, Self-Insured Program <br /> Large Deductible,program Pooling arrangement <br /> rom Retrospective Rating program w Self-Jnslurance trust <br /> We will utilize our proprietary WilIPLACE & Market Match resources to <br /> determine the best carriers to market your risk to WilIPLACE is the internal <br /> placement platform into which Market Match is embedded. As part of the <br /> placement process, WilIPLACE calls on the Market Match Knowledge Centre to <br /> deliver potential matches for Willis clients. Market Match is managed centrally <br /> by the Willis Global Placement team that collates relevant data to create Carrier <br /> profiles, and then applies an algorithm to match appropriate Carriers to Willis <br /> Clients. The benefits include access to collective expertise globally to get the <br /> best solution, in real time. It provides client access to a broader range of <br /> carriers no matter where they, or the carrier, are located. An important part of <br /> this process is that we ask our clients to rank their priorities based on the <br /> carrier's service, claims, underwriting, policy administration and premium <br /> competitiveness. Our client's scorecard result is taken into consideration when <br /> deciding on which carriers will ultimately be recommended for policy <br /> placement. <br /> 11.E3ROKER SHALL HAVE THE CAPACITYTO CONTRACT83ERVICES FOR ONE YEAR VVITH A 2 <br /> YEAI� OPT]ONAL RE-NEVVAL- ATTHE COUNTY'S MS`CRET10,N,_L.0,.L�,,A "I'OTAL CONTRACT <br /> TERIVI LIP "To 3 YEARs. Ai" "T'l iE END OF' THE THREE,-YEXR PERI ),D EAR[JER M <br /> ANNUAL. RENEWAL �IS NOTEXECUTED THE COUNTY MI.. USE A COMPETMVE PROCESS <br /> .......... <br /> 1`0 SOLICIT BROKER SERVICES,_�- SUC,U SERVICES ARE REQUIRED Xr T11ATTIRAE. <br /> ........... <br /> We understand and are agreeable to this. <br /> '12.13ROKERSHALL PROVIDE A DESCRIPTIONOFITS GOMMMAENTTO TRANSPARENCY AND <br /> Crange County—Request for Broker QuaHlicafions and Conceptual Proposal-September 23,2014 15 <br />