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<br />o <br /> <br />Rderence Number: 9432 <br /> <br />09/1312006 <br /> <br /> <br />Named Covered Party: <br /> <br />City of Sunny Isles Beach <br /> <br />Term: <br />Coverage Provided By: <br />Renewal Quote No.: <br /> <br />10/01/2006 to 10/0112007 <br />Preferred Govel1unental Insurance Tl'ust <br />PK FLl 0132026 06.04 <br /> <br />COffinensation Disclosure <br /> <br />We appreciate the opportunity to assist with your insurance needs. Information conce1'l1ing <br />compensation paid to other entities for this placement and related services appears below, Please do not <br />hesitate to contact us if any additional information is required, <br /> <br />o <br /> <br />Our office is owned by Brown & Brown, Inc. Brown & Brown entities operate independently and are <br />not required to utilize other comparues owned by Brown & Brown, Inc. <br /> <br />For the Coverage Term referenced above, your insurance was placed through Prefel'l'ed Gove1'l1mental <br />Insurance Trust (POIT). PGIT is an independent entity formed by Florida public entities t1rrough an <br />Interlocal Agreement for the purpose of providing its members with an anay of insurance coverages and <br />services. PGIT has contracted with entities owned by Brown & Brown, Inc. to perfOl'ffi various services, <br />as explained below. <br /> <br />POIT has contracted with Public Risk Underwriters (PRU), a company owned by Brown & Brown, Inc" <br />to administer POIT's operations. The administrative services provided by PRU to PGIT include: <br /> <br />. UnderwdtIng <br />. Coverage review <br />. Marketing <br />. Policy Review <br />. Accounting <br />. Issuance ofPGIT Coverage Agreements <br />. PGIT Member Liaison <br />. Risk Assessment and Control <br /> <br />Pursuant to its contract with PGIT, Public Risk Underwdters (PRU) receives an administration fee, <br />based on the size and complexity of the account, of up to 12,5% of the PGIT premiums billed and <br />collected, <br /> <br />() <br /> <br />POIT has also contracted with Prefened Govel'llmental Claims Solutions (POCS), a company owned by <br />Brown & Brown, Inc" for pmposes of administering the claims of PGIT members, The services <br />provided by POCS to PGIT may include: <br /> <br />. Claims Liaison with Insurance Company <br />. Claims Liaison with PGIT Members <br />. Claims Adjustment <br /> <br />TIle brief description of coverage contained in this document is being provided as an accommodation Oll.ly and is not intended to cover or describe all <br />Coverage Agreement tenns. For more complete and detailed informlltion relating to the scope and limits of coverage, ple-ase refer direclly to the Coverage <br />Agreement documents. Specimen forms are available upon request. <br /> <br />:J <br /> <br />26 <br />Brown & Brown, Inc,@ <br />