Professional Liability (Medical Malpractice) for the Jail
From:
Mark Bartlett, Risk Manager
Organization:
Human Resources
CAO Approval:
RECOMMENDATION:
Recommendation ConcerningProfessional Liability (Medical Malpractice) Insurance for the Jail - Mark Bartlett, Manager, Risk Management Office/Jana Still, Human Resources Department Director
That the Board approve the payment to USI Insurance Services, LLC, for the Professional Liability (Medical Malpractice) Insurance policy issued through Pro-Praxis Insurance and underwritten by Certain Underwriters at Lloyd’s of London, for an extension effective November 15, 2020, through January 1, 2021, in the amount of $23,767, with a $75,000 deductible.
Vendor
Funding
Amount
USI Insurance Services, LLC
Professional Liability (Medical Malpractice) Insurance
Fund 501, Internal Service Fund, Cost Center 140835, Object Code 54501
$23,767
[Funding: Fund 501, Internal Service, Cost Center 140835, Object Code 54501]
BACKGROUND:
The policy was previously extended to allow the carrier to change to a locally admitted company in the United States. The two carriers have pulled out of this market space, so this extension will allow an opportunity to look for a different company or self-insure.
BUDGETARY IMPACT:
Funding: Fund 501, Internal Service, Cost Center 140835, Object Code 54501
LEGAL CONSIDERATIONS/SIGN-OFF:
N/A
PERSONNEL:
Risk Management will be the Contract Administrator.
POLICY/REQUIREMENT FOR BOARD ACTION:
This Recommendation is in compliance with the provisions of the Code of Ordinances of Escambia County, Florida, Chapter 46, Finance, Article II, Purchase and Contracts.
IMPLEMENTATION/COORDINATION:
Upon Board approval, a Purchase Order will be issued to provide payment for services rendered from the Contract.