Your School Insure team can provide a full range of services, from loss control to proactive renewals and daily support.
Review all board minutes or safety meeting minutes as a safety check for any activity that may increase your exposures to loss
Negotiate a loss control and safety training service plan on your behalf with carriers and analyze loss control efforts
Attend loss control visits as needed
Review all loss control recommendations and meet quarterly to track progress
Coordinate completion of recommendations or modification of recommendations with underwriters
Work with you on implementing loss control recommendations
Contribute to loss prevention in-service days and attend safety meetings
Review claims activity for possible loss control implications and prevention avenues
Discuss industry loss trends and recent court decisions relating to industry issues
Review disaster/contingency plans and assist in developing a disaster recovery plan, if not in place
Conduct quality control reviews for accuracy and relevance of policy coverages ensuring that appropriate recommendations and coverage issues are addressed
Annually forecast budget premium projections by line of insurance based on market conditions
Gather renewal information and solicit alternative carriers based on the following criteria: financial strength, claims competency, creative underwriting/service programs, commitment to client service and ability to competitively price their programs
Continually canvas the marketplace to identify alternative carriers and new coverages that become available
Conduct negotiations with selected carriers and analyze each program’s strengths and weaknesses in terms of coverage, service and cost; make recommendations accordingly
Check carefully, prior to delivery, all policies, endorsements, rates and audits for accuracy and compliance with previously agreed upon terms, and deliver in a timely manner
Maintain and provide an updated schedule of insurance
Provide renewal quotes at a mutually agreed on date prior to renewal
Review appraisals annually to determine proper limits for buildings, contents and floaters
Issue certificates of insurance within 24 hours
Issue auto ID cards within 24 hours
Verify Auto coverage with dealerships
Assign experienced staff to address coverage issues and questions immediately
Resolve questions regarding coverages, accounting, claims and other account concerns promptly
Alert you in the event of any negative change in the financial status of one of your insurers
Secure and verify retro and dividend adjustments on a timely basis
Review all contracts for insurance implications making sure you are properly covered
Review lease, rental or other contracts for insurance implications
Review all certificates of insurance from outside vendors
Review all construction/service contracts to verify adequate limits are carried by the contractors and those agreements include appropriate hold-harmless language preventing contractor employees from suing you in addition to collecting Workers’ Compensation benefits
Review all bonds for authenticity
Review all construction and major renovation plans including blueprints and sprinkler plans, focusing on any early stage changes that could have a beneficial fire rating impact or premium rate impact
Evaluate Property rates to ensure that you receive all credits available and that debits are not improperly applied
Return all phone calls promptly
Meet on a regular schedule to review open issues and establish agenda for future meetings
Establish and update claims procedures for reporting claims and determine appropriate contacts
Define and coordinate account handling instructions with carriers and claim adjusters
Coordinate and monitor all claims with insurance carriers and claim adjusters
Evaluate reserve levels on open liability claims and evaluate impact on experience rating
Work with claimants to ensure timely claims settlements
Evaluate past claims to identify trends
Provide timely loss reports showing status of open items
Schedule meetings with carriers as appropriate
Assist with coverage disputes and negotiate appropriate claim resolution
As appropriate, visit property loss site for inspection with property loss adjuster
Determine scope of damage and coverage. Assist in a timely resumption of business
Help us identify loss control areas you would like us to focus on
Respond to us and the carrier in a timely and effective fashion regarding compliance with loss control recommendations
Have appropriate personnel available during insurance company loss control visits
Provide us with reasonable projected exposure changes three months prior to expiration
Consider carriers we have determined may be beneficial to you
If for any reason you are unhappy with any of your insurance carriers, let us know immediately
Keep us posted on all material changes in your operations or exposures
When planning any renovation or building project, advise us early in the planning stage
Require and submit to us certificates of insurance and contracts from any contractor or subcontractor you hire
Remit all premiums when due or contact us immediately with any discrepancies
Help us properly address your needs by disclosing to us all material facts and information
Provide us with prompt notice of any incident, claim or potential claim, especially for claims-made policies that may require immediate reporting.
Work with us and the insurance carrier claim personnel to provide us with the information necessary to resolve your claim
In the event a claim is not progressing to your satisfaction, notify us as soon as possible