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2021-676-E-Risk Mgr-Alliant Insurance Services-Insurance Brokerage
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2021-676-E-Risk Mgr-Alliant Insurance Services-Insurance Brokerage
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12/2/2021 4:59:57 PM
Creation date
12/2/2021 4:54:50 PM
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Contract
Date
12/2/2021
Contract Starting Date
12/2/2021
Contract Ending Date
12/2/2021
Contract Document Type
Contract
Amount
$45,000.00
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DocuSign Envelope ID: 17405374-3F52-4EE3-A40B-COBD1 EOB0058 <br /> fi. <br /> R ESPONSE TO RFQ#5328 FOR INSURANCE BROKER AND RM CONSULTING SERVICES <br /> ORANGE COUNTY,NC I SEPTEMBER 30,2021 <br /> III QUALIFICATIONS <br /> Occurrence based public officials, police professional, and employment practices liability (EPL). <br /> Flexibility to accommodate low deductibles and also high retention attachment points. <br /> Broad coverage 'give back' under inverse condemnation exclusion. <br /> Carrier will reimburse 50% (up to $250,000) of defense costs spent if the insured is successful <br /> in defending an EPL claim. <br /> Alliant Crime Insurance Program (ACIP) — Through a partnership with AIG, Alliant has created our <br /> ACIP platform offering coverage to member entities on a group purchase basis. Our coverage form <br /> incorporates broad insuring agreements including Faithful Performance. We continue to seek new <br /> ways to improve coverage and ensure premiums are the most competitive in the industry. <br /> Cyber Liability Platform —Alliant has a robust Cyber Liability platform. This team is made up of both <br /> brokers and staff whose main purpose is to stay abreast of emerging risks and trends as it pertains to <br /> Privacy and Security, as well as to develop innovative solutions to mitigate such risks. Alliant's Cyber <br /> team has developed three distinct programs, including APIP Cyber, the APIP Cyber Enhancement <br /> Offering (CEO) as well as the Alliant Cyber Excess Solutions (ACES), which have all been utilized by a <br /> number of our clients who have network security and privacy exposure. <br /> Active Assailant Coverage — "Active Assailant" situations are unpredictable, develop quickly, and <br /> leave devastating personal and financial impact on those involved. Specific insurance products exist <br /> for this risk; however, they normally require completion of detailed applications, can be expensive, <br /> and/or carry high deductibles. For this reason, in conjunction with the Beazley Syndicate at Lloyd's of <br /> London,Alliant is offering an "Active Assailant" coverage.We recognize coverage for some events may <br /> already be provided by standard property and liability insurance programs, and as such, this coverage <br /> is designed to be primary to these programs and can serve as a buffer to your deductible or retention. <br /> Coverage is provided for bodily injury or property damage, including defense costs, which the Insured <br /> becomes legally liable to pay. Coverage is also afforded for 1st Party Property Damage/Business <br /> Interruption,Crisis Management, Funeral Expenses and Counselling Services.This cover is not intended <br /> to replace any other coverage that your organization may already have. <br /> Other Alliant Programs — In addition to Alliant's larger proprietary programs (APIP and ANML), we <br /> have taken the same"group purchase" approach with smaller programs to help drive down the overall <br /> cost of risks for our clients.These programs will also be considered for the County, and include but are <br /> not limited to: <br /> CLIP—Catastrophic Liability Insurance Program <br /> FLIP— Fiduciary Liability Insurance Program <br /> SPIP—Special Authority Property Insurance Program <br /> SLIP— Special Authority Liability Insurance Program <br /> Special Events Liability Program <br /> Vendors/Contractors Program and Vendors Professional Liability Program <br /> - 14- Affiant <br />
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