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File #: 21-1530    Version: 1
Type: Agenda Item Status: Approved
File created: 9/16/2021 In control: Board of Supervisors
On agenda: 9/28/2021 Final action: 9/28/2021
Title: Human Resources Department, Risk Management Division, recommending the Board approve insurance coverage for Special Liability Insurance Program for Zone of Benefit Community Service Area 2 and 9 in participation with Alliant Insurance for an amount of $31,100.34, and authorize the Human Resources Department, Risk Management Division, to sign and approve all documents required to secure continued insurance coverage for the period of September 29, 2021 to September 29, 2022. FUNDING: General Liability Internal Service Fund.
Attachments: 1. A - El Dorado County 21-22 Liability Renewal Invoice
Related files: 20-0055
Title
Human Resources Department, Risk Management Division, recommending the Board approve insurance coverage for Special Liability Insurance Program for Zone of Benefit Community Service Area 2 and 9 in participation with Alliant Insurance for an amount of $31,100.34, and authorize the Human Resources Department, Risk Management Division, to sign and approve all documents required to secure continued insurance coverage for the period of September 29, 2021 to September 29, 2022.

FUNDING: General Liability Internal Service Fund.
Body
DISCUSSION/BACKGROUND

The County faces a complex array of risks that can result in severe or catastrophic loss. Purchasing insurance helps protect the County from catastrophic general liability claims, automobile accidents, and workers' compensation injuries. Additionally, purchasing insurance protects the County from loss due to damage or destruction of County assets. The County procures a variety of insurance policies and programs to mitigate and transfer exposures to catastrophic loss. By securing these risk mitigating and transfer mechanisms, the County is better positioned to protect assets and personnel for the fulfillment of its services, objectives, and Strategic Plan.

This request is an annual process for the Board to authorize the Risk Management Division to renew insurance coverage and programs provided by PRISM and Alliant. The County utilizes its participation in PRISM in conjunction with professional insurance brokerage services from Alliant to place a variety of commercial insurance policies to protect the County.

The Risk Management Division has evaluated this insurance program in terms of potential loss, coverage, self-insured retentions, deductibles, and policy limits, and recommends the purchase of insurance as described below.

Other Insurance Programs

Special Liability Insurance Program - The County purchases insurance for Community Service Area 2 and 9 Road Maintenance Zone of Benefit in a Special Liability...

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