FY 2021-22 Insurance Projections
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Glendale Renewal Budget Projections 2021/2022 2020/2021 5 2021/2022 mu : sete ke SENS tanaue) seas sia ge Alliant Property Insurance Program (APIP) i All Risk Property Program Includes Property, Boiler & _ Machinery, Earthquake, Flood, Auto, Cyber Liability, and Pollution Liability coverages BBR -Cyber Enchantment over APIP for Notified Individuals- (250,000 Notified Lives) ACES Alliant Cyber Excess Solutions $3M XS $2M ACES Alliant Cyber Excess Solutions $5M XS $5M ($10M total cyber limits) Excess Liability $1M SIR with $40M Excess Policy Limits Special Liability Insurance Program (SLIP) Regional Public Safety Training Center Airport Liability Airport Owners’ and Operators’ Liability (3 Year Policy Alliant Crime Insurance Program (ACIP) Crime Fiduciary Liability Premises Pollution Liability Line of Coverage Excess Workers’ Compensation and Employer’s Liability (Self Insured Retention $2M) 7/1/2021 7/1/2021 7/1/2021 7/1/2021 7/1/2021 9/29/2021 1/26/2021 7/1/2021 7/10/2021 8/15/2021 Renewal Date 7/1/2021 Various Including - Lexington Beazley-Lloyds Axis Beazley-Lloyds 1. $10M Safety National 2. $10M X $10M AWAC 3. $ 5M X $20M Hallmark 4. $10M X $25M Navigators 5.5 5M X $35M Great American Great American E&S Insurance Company ACE Property and Casualty Insurance Company (Chubb) National Union Fire Insurance Company (AIG) Hudson Insurance Company Allianz Interstate Fire & Casualty Company Total: Carrier Safety National Casualty Corporation $722,385 $o $25,946 $61,250 $950,039 $6,317 $8,995 $28,011 $12,562 $22,231 $1,837,736 2019/2020 Program Cost (Annual) $230,349 41.25% to 45.3% $1,020,369 to $1,049,625 0.00% $0 150% to 300% $64,865 to $103,784 150% to 300% $153,125 to $245,000 60.87% $1,528,328 15.00% $7,265 15.00% $14,760 10.00% $30,812.10 14.27% $14,355 30.00% $28,900 55.73% to 64.43% $2,861,831 to $3,021,881 7 2020/2021 = 9 Estimeted \Change Estimated Program Cost E | 18% to 50% $271,812 to $345,524