Public Entities

Appetite

• Municipalities
• Counties
• Community Colleges (Athletic TBI/CTE Exclusion)
• Special Districts

Paper

• Admitted in 49 states and the District of Columbia
• Non-admitted in Florida
• AM Best Rating “A” XV
• Moody’s “A2”
• Standard & Poor’s “A”

Submission Requirements

• Requested Limit & Attachment Point
• Target Premium
• Reason For Marketing
• Financials – Most Recent Budget & Comprehensive Annual Financial Report (CAFR)
• Loss Runs – Six Years of Ground-Up (First Dollar, Uncapped) and Excess Carrier Loss Runs
• Large Loss Detail
• Auto Schedule
• Current Allied Public Risk Applications – Other Public Entity Carrier Applications Accepted

Policy Features - All Lines of Coverage

• Separate limits of liability for each line of coverage
• “Pay on behalf” form
• Broad “Who Is an Insured” definition
• Blanket Additional Insured wording
• Use of own panel counsel accepted, subject to approval
• Occurrence and Claims-Made coverage available
• Nose and tail coverage available
• Ability to provide aggregates at multiples of occurrence limit
• Loss Adjustment Expenses inside the retention and outside the limit
• Unintentional omissions will not prejudice rights under insurance
• Loss of earnings up to $500 per day for assistance in investigating claims
• Newly acquired organizations automatically covered for 120 days

Contact

Margaret Zechlin
415-761-8628
mzechlin@alliedpublicrisk.com