Business & Governmental Insurance Agency

Property & Casualty

The Property & Casualty division provides comprehensive insurance to transfer the risk inherent in the operations of a Public Entity to a third party (insurance company). As a professional Public Entity Broker, BGIA specializes in your market. We understand the unique exposures faced by your municipality and schools and custom design protection to guard against losses. We have access to the insurance marketplace and work with top-rated carriers to ensure the most comprehensive coverage which includes:

• General Liability, Auto and Property Coverage
• Workers' Compensation
• Employment Practices Liability
• Professional Liability for Public Officials, Police/Law Enforcement, Firefighters, EMT/Paramedics and Educators
• Civil Rights Violations
• Failure to Educate
• And More...

Employee Benefits

The Employee Benefits division provides consulting services in the areas of healthcare, dental, prescription card programs, short and long term disability, group term life, 401K and other retirement plans as well as a variety of voluntary employee paid plans. Our services can be summarized as follows:

• Plan design and benefits analysis
• Assist with healthcare Open Enrollment
• Act as liaison to adjudicate difficult claims
• Negotiate terms and competitive rates
• Review and monitor Stop Loss coverage for proper reimbursement where applicable

Risk Management

The Risk Management division identifies the potential for risk, analyzes the probability of occurrence, offers expert advice on how to control, avoid or reduce exposure to risks and provides monitoring tools to analyze your Public Entity's unique exposures. Our services include:

• Exposure identification
• Coverage review
• Loss control & safety services
• Risk financing alternatives
• Contracts & certificate review

Approach

BGIA uses a three-phase approach to develop a comprehensive insurance and risk management program tailored for your Public Entity. We diligently ascertain your exposures, strengths, and tolerance for risk in order to determine the scope and type of coverage suitable for your unique situation. Understanding the client's risk philosophy is paramount in the development of any strategy.

Our objective is to deliver the best program at the most competitive cost. We monitor each account, collect data and conduct a thorough analysis in order to make recommendations on an ongoing basis. You can be assured that we will take advantage of savings when available, analyzing industry trends and the Public Entity's record to ensure that each client has the proper protection.

Phase 1: Evaluation and Analysis of Exposure

• In-depth review of your activities and operations
• Analysis and qualification of current exposures
• Assessment of all possible options
• Feedback, selection, implementation and monitoring of best options

Phase 2: Program Development and Implementation

• A detailed critique of strategy to ensure that all viable alternatives receive proper consideration
• Effective marketing and presentation of your risks to the insurance marketplace to solicit the widest variety of proposals
• Thorough analysis of all options and proposals for accurate presentation to the client

Phase 3: Proactive Customer Services

• Rapid response to daily service needs
• Coverage interpretation
• Certificate of Insurance provided on request
• Claims reporting and follow-up
• Contract and policy review
• Hold harmless agreements/other party indemnification
• Analysis of effectiveness of coverage of others
• Proactive monitoring of insurance mergers, acquisitions, and other special project needs
• Collection of claims tracing data and analysis
• Statistical studies, premium allocation, subrogation review and monitoring