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c Florida League of Cities, Inc., Department of Insurance and Financial Services 125 East Colonial Drive, Orlando, FL 32801 Main, 407-425-9142 Toll Free, 1-800-445-6248 Fax, 407-425-9378 www.f1cities.com/lnsuronce DEPARTMENT OF INSURANCE AND FINANCIAL SERVICES () c APPROACH/METHODOLOGY . The Florida League of Cities administers the Florida Municipal Insur- ance Trust and is the program of choice for approximately 60% of the municipalities in Florida. . The FMIT is governed by elected officials and solely serves public sector clients. We are headquartered in Orlando, Florida and employ over 100 people. The Trust maintains superior financial stability with over $420 million in total assets and $225 million in surplus. We were the first Trust to begin operations in Florida in 1977. We are the larg- est Trust operating in Florida in the public sector. . The FMIT's policy forms are customized based on the needs of our member municipalities and offer coverages that can not be obtained in the commercial marketplace. The FMIT directly administers and set- tles claims. . In addition, the FMIT has developed a comprehensive Disaster Recov- ery Program through its exclusive partnership with SimpliCity and TurnKey Recovery service. These programs assist a City with better preparation before and event and establish a complete customized re- covery plan with the City to expedite your recovery time and to im- prove cash flow by directing paying pre-approved vendors. . The FMIT, being familiar with municipal needs and demands is fully prepared to meet all desired deadlines and time lines. . The FMIT offers various deductible and/or Self Insured Retention op- tions that vary with each municipality, their claims history and risk tol- erance. We meet individually with each risk to determine the best value and best risk appetite fit for these options. We would look for- ward to reviewing each option with your City.