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Home My WebLink About20250806.tiffResolution Approve Proposal of Insurance for Global Aerospace, Inc., Hull and Liability Insurance for Unmanned Aircraft Systems (Drones) and Authorize Chair to Sign — Arthur J. Gallagher Risk Management Services, LLC Whereas, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and Whereas, the Board has been presented with a Proposal of Insurance for Global Aerospace, Inc., Hull and Liability Insurance for Unmanned Aircraft Systems (Drones) between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Human Resources, and Arthur J. Gallagher Risk Management Services, LLC, commencing March 27, 2025, and ending March 27, 2026, with further terms and conditions being as stated in said proposal, and Whereas, after review, the Board deems it advisable to approve said proposal, a copy of which is attached hereto and incorporated herein by reference. Now, therefore, be it resolved by the Board of County Commissioners of Weld County, Colorado, that the Proposal of Insurance for Global Aerospace, Inc., Hull and Liability Insurance for Unmanned Aircraft Systems (Drones) between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Human Resources, and Arthur J. Gallagher Risk Management Services, LLC, be, and hereby is, approved. Be it further resolved by the Board that the Chair be, and hereby is, authorized to sign said proposal. The Board of County Commissioners of Weld County, Colorado, approved the above and foregoing Resolution, on motion duly made and seconded, by the following vote on the 24th day of March, A.D., 2025: Perry L. Buck, Chair: Aye Scott K. James, Pro-Tem: Aye Jason S. Maxey: Aye Lynette Peppler: Aye Kevin D. Ross: Aye Approved as to Form: Bruce Barker, County Attorney Attest: Esther E. Gesick, Clerk to the Board ec: PE(,TS/AD/KL/C3P) O4 /i S /25 2025-0806 PE0037 Conivack 01:kgz40 BOARD OF COUNTY COMMISSIONERS PASS -AROUND REVIEW PASS -AROUND TITLE: Weld County Drone Insurance Quote Approval DEPARTMENT: Human Resources PERSON REQUESTING: Jill Scott, Kelly Leffler DATE: 3/18/25 Brief description of the problem/issue: On February 5. via pass around it was approved to move forward with renewing the Unmanned Aircraft System, or Drone insurance, through Global Aerospace for all 21 units owned by Weld County. We have received the final quote and proposal to sign for binding the coverage that goes in effect on March 27., 2025. The quote states the premium will be a total of $16,361, which is an increase of $1,214 from 2024 premium of $15,147. What options exist for the Board? The Board can agree to sign the authorization to bind coverage to provide insurance on the drones owned by the county, or the Board can decide to not sign the authorization to bind coverage and risk the 21 units being uninsured. Consequences: If not signed, the drones become uninsured on March 27., 2025. Impacts: Insurance renewal will ensure adequate loss recovery. Costs (Current Fiscal Year /Ongoing or Subsequent Fiscal Years): The cost of the term running from March 2025 through March 2026 had a cost of $16,361. Recommendation: It is recommended that the BOCC approve to sign the Client Authorization to Bind Coverage on page 13 of the attached Drone Proposal and checking the "Accept" box on page 12. Perry L. Buck Scott K. James Jason S. Maxey Lynette Peppier Kevin D. Ross 3/24 Support Recommendation Schedule Place on BOCC Agenda Work Session Other/Comments: 0- 2025-0806 Pe 003-7 Proposal of Insurance Weld County, Colorado P.O. Box 758 1150 "O" Street Greeley, CO 80632 resen .tio ch 10, 2025 Arthur J Gallagher Risk Management Services, LLC AJG License Nos_IL 100292093 / CA 0D69293 Gallagher Insurance Risk Management ininneumems `-ii _ ` ;tL Consulting Weld County, Colorado Proposal Summary We appreciate the opportunity to quote your business insurance. This proposal is a summary of policy terms and conditions. • We have been able to achieve renewal goals by negotiating your renewal with the incumbent carrier. This proposal provides coverage highlights along with the attached carrier quotations for the following coverages: • Unmanned Aircraft Systems It is recommended that you consider purchasing coverage for the fol owing which are not included in your insuran ;e program: • Malicious Attack/Active Shooter • Excess Cyber Liability We are not aware of any changes in your exposures to loss, nor are we aware of any changes in your business operations that would necessitate additional coverage options. Please notify us immediately if you are planning ary new business operations. The values and schedules are per the expiring policy or the information you have previously provided. It is your responsibility to notify us of all necessary changes to your schedules Information contained in this proposal is intended to provide a brief overview of coverages. It should be used for reference purposes only. It is not intended to provide a full list of policy exclusions, limitations, and conditions. The provided quotes should be reviewed for further details. Coverage afforded to you s subject to all terms, conditions and exclusions of the bound and issued policies. To Bind Coverage: Please refer to the attachment document titled, "Client Authorization to Bind Coverage": • Note any changes you desire to be made • Place a check mark next to the coverage(s) you wish to accept • Date and Sign • Return prior to the effective date of coverage Thank you for allowing Gallagher to service your insurance needs. We appreciate your business and look forward to working with you in the coming year. Please contact me if you have any questions. Sincerely, Nathan K Nathan Kathol Client Service Executive Enclosure G, Gallagher Insurance Risk management Consulting Insurance I Risk Management I Consulting Weld County, Colorado Your Gallagher Team Your Gallagher team is a true partner. We have the expertise to understand your business and we're here to service and stay alongside you, every step of the way. Service Team - Role Jeff Kassal Producer Nathan Kathol Client Service Executive Tracy Paladino Client Service Superviser Producer Client Service Executive Client Service Supervisor Email Phone ieff kassal(a�aig.com (303) 889 2530 (p) nathan kathol[c�alg.com (303) 889 2532 (p) tracy paladino aig.com (303) 889 2614 (p) 3 Ga agher Insurance I Risk Management I Consulting Weld County, Colorado Premium Si immary The estimated program cost for the options are outlined in the following table: ine of Coverage ; _ Expiring Renewal Option - ~ . rican Alternative Insurance American Alternative Insuran•�� Corporation Corporation . merican Commerce Insurance American Commerce Insurance • - Company Company ational Indemnity Company National Indemnity Company okio Marine America Insurance Tokio Marine America Insurance Sy Company $15,147.00 $15,361.00 Premium Unmanned Fees $0.00 $1:000.00 Aircraft Systems Change ($) Change C/0) Total Cost $15,147 $16,361.00 'Estimated Cost includes all taxes, fees, surcharges and TRIA premium (if applicable) Premiums are due and payable as billed and may be financed, subject to acceptance by an approved finance company. Following acceptance, completion (and signature) of a premium finance agreement with the specified down payment is required. Note: Unless prohibited by law, Gallagher may earn compensation for this optional value-added service. Gallagher is responsible for the placement of the following lines of coverage: Unmanned Aircraft Systems. Bond, Workers Compensation It is understood that any other type of exposure/coverage is either self -insured or placed by another brokerage firm other than Gallagher. If you need help in placing other lines of coverage or covering other types of exposures, please contact your Gallagher representative. Named Insured Named Insured Unmanned Aircraft Systems Weld County, Colorado X Note: Any entity not named in this proposal may not be an insured entity. This may include affiliates, subsidiaries, LLCs, partnerships, and joint ventures. 4 • Gall - gher Insurance I Risk Management I Consulting Weld County, Colorado Market Review We approached the following carriers in an effort to provide the most comprehensive and cost effective insurance program. Line Of Coverage Insurance Company ** (AM Best Rate/Financial Strength) Market Response * Admitted *** U nmanned Aircraft Systems U nmanned Aircraft Systems U nmanned Aircraft Systems Unmanned Aircraft S ystems American Alternative Insurance Corporation (A+ XV) American Commerce Insurance Company (A XV) National Indemnity Company (A++ XV) Tokio Marine America Insurance Company (A++ XV) Recommended Quote Recommended Quote Recommended Quote Recommended Quote Admitted Admitted Admitted Admitted *If shown as an indication, the actual premium and acceptance of the coverage requested will be determined by the market after a thorough review of the completed application. **Gallagher companies use AM Best rated insurers and the rating listed above was verified on the date the proposal document was created. Best's Credit Ratings TM reproduced herein appear under license from AM Best and do not constitute, either expressly or impliedly, an endorsement of Gallagher's service or its recommendations. AM Best is not responsible for transcription errors made in presenting Best's Credit Ratingsmi. Best's Credit RatingsTM are proprietary and may not be reproduced or distributed without the express written permission of AM Best. A Best's Financial Strength Rating is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations. It is not a warranty of a company's financial strength and ability to meet its obligations to policyholders. Best's Credit Ratings TM are under continuous review and subject to change and/or affirmation. For the latest Best's Credit Ratings -M and Guide to Best's Credit Ratings. visit the AM Best website at http://www.ambest.com/ratings. ***If coverage placed with a non -admitted carrier, it is doing business in the state as a surplus lines or non -admitted carrier. and is neither subject to the same regulations as an admitted carrier nor do they participate in any state insurance guarantee fund. Gallagher companies make no representations and warranties concerning the solvency of any carrier, nor does it make any representation or warranty concerning the rating of the carrier which may change. 5 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Coverage Highlights Unmanned Aircraft Systems - ecommended Qu • lic Teri _ _ '� ' - - - ' - . Q - ; . -- American Alternative American Commerce Insurance Corporation Insurance Company Carrier Information National Tokio Marine Indemnity America Company Insurance Company Payment Plan 100`)/0 of the Annual Premium Due on Inception Pa ment Method Agency Bill alingiosurese Unmanned Aircraft Systems Premium $15,361.00 Terrorism - TRIA Included Broker Fee $1,000.00 Estimated Cost $16,361.00 Ex•osure Drone Schedule Exnure - Class Code Description Rate ($) Exposure See Drones Schedule Q.,, �ne; aircra'i=_. ys ems averages Aircraft Schedule • Liability Limit $1,000,000 • Passenger War Liability Included • Third Party War Limit $1,000,000 - Aggregate • Personal Injury Limit $1,000,000 • Medical Limit $5,000 Expenses for Medical Services $5,000 each occurrence Aviation Liability Personal and Advertising Injury $1,000,000 each occurrence/aggregate Fire Legal Liability $100,000 each occurrence Significant policy endorsements include, but are not limited to, those listed on the attached quote/policy form/endorsements. Significant policy exclusions include, but are not limited to; those listed on the attached quote/policy form/endorsements. viatio i nmann - Aircra - 10 Deductible In Motion 15`)/0 Aircraft - Serial Make Number — HYLIO — 17906080202 Aircraft Model AG 210 Deductible Not In Motion 10`)/0 15% Aircraft - Serial Make Number - HYLIO — 17906080202 Aircraft Model AG 210 a 11IIIIIIIIINt Other Si nificant Terms and Conditions / Restrictions American American National Tokio Marine Indemnity Alternative Commerce America Insurance Insurance Company Insurance - 18.39`)/0 Corporation Company Company - 10.00% - - 12.37°/0 59.24% Premium Payment Terms: Annual Notice of Claim: All Claims are to be reported immediately to:Global 6 Ga. agYier Insurance I Risk Management I Consulting Weld County, Colorado Claims Reporting By Policy Immediately report all claims. Each insurer requires notice of certain types of claims depending on the potential exposure or particular injury types. It is important to thoroughly review your policy to ensure you are reporting particular incidents and claims, based upon the insurer's policy requirements. If you are using a third party administrator ("TPA"); your TPA may or may not report claims to an insurer on your behalf. Although we will assist you where requested, it is important that you understand whether your TPA will be completing this notification. Reporting Direct to Carrier [Only When Applicable] Coverage(s): Aviation Unmanned Aircraft Systems Immediately report claims directly to: Insurer: American Alternative Insurance Corporation American Commerce Insurance Company National Indemnity Company Tokio Marine America Insurance Company Policy Term: 03/27/2025 — 03/27/2026 Insurer/TPA Name: American Alternative Insurance Corporation American Commerce Insurance Company National Indemnity Company Tokio Marine America Insurance Company Phone: 877 475-5860 / Global Aerospace - 913-451- 9660 or 888-228-2281 Fax: Email: Web: 7 Reporting to Gallagher or Assistance in Reporting Cov ge(s): Aviatio nmanned Aircraft Systems Gallagher Claim Center Policy Term: 03/27/2025 — 03/27/2026 Immediately report claims directly to: Phone: 855 497-0578 Fax: 225-663-3224 Email: ggb.nrcclaimscenter(a�ajg.com 7 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Proposal Disclosures The following disclosures are hereby made a part of this proposal. Please review these disclosures pricr to signing the C lient Authorizatior to Bind or e-mail confirmation. Proposal Disclaimer IMPORTANT: The proposal and/or any executive summaries outline certain terms and conditions of the insurance proposed by the insurers, based on the information provided by your company. The insurance policies themselves must be read to fully understand the terms, coverages, Exclusions including but not limited to:, limitations and/or conditions of the actual policy contract of insurance. Policy forms will be made available upon request We make no warranties with respect to policy limits or coverage considerations of the carrier. Compensation Disclosure 1. Gallagher Companies are primarily compensated from the usual and customary commissions fees or, where permitted, a combination of both, for brokerage and servicing of insurance policies, annuity contracts, guarantee contracts and surety bonds (collectively "insurance coverages") handled for a client's account. which may vary based on market conditions and the insurance product placed for the client. 2. In placing, renewing, consulting on or servicing your insurance coverages, Gallagher companies may participate in contingent and supplemental commission arrangements with intermediaries and insurance companies that provide for additional compensation if certain underwriting, profitability, volume or retention goals are achieved. Such goals are typically based on the total amount of certain insurance coverages placed by Gallagher with the insurance company, not on an individual policy basis. As a result, Gallagher may be considered to have an incentive to place your insurance coverages with a particular insurance company. If you do not wish to have your commercial insurance placement included in consideration for additional compensation, contact your producer or service team for an Opt -out form. 3. Gallagher Companies may receive investment income on fiduciary funds temporarily held by them, or from obtaining or generating premium finance quotes, unless prohibited by law. 4. Gallagher Companies may also access or have an ownership interest in other facilites, including wholesalers, reinsurance intermediaries, captive managers. underwriting managers and others that act as intermediaries for both Gallagher and ocher brokers in the insurance marketplace some of which may earn and retain customary brokerage commission and fees for their work. If you have specific questions about any compensation received by Gallagher and its affiliates in relation to your insurance placements, please contact your Gallagher representative for more detai s. TRIA/TRIPRA Disclaimer If this proposal contains options to purchase TRIA/TRIPRA coverage. the proposed TRIA/TRIPRA program may not cover all terrorism losses. While the amendments to TRIA eliminated the distinction between foreign and domestic acts of terrorism, a number of lires of coverage excluded under the amendments passed in 2005 remain excluded including commercial automobile, burglary and theft insurance; surety insurance, farm owners multiple perils and professional liability (although directors and officers liability is specifically included). If such excluded coverages are required, we recommend that you consider purcnasing a separate terrorism policy. Please note that a separate terrorism policy for these excluded coverages may be necessary to satisfy loan covenants or other contractual obligations. TRIPRA includes a $100 billion cap on insurers' aggregate liability. TRIPRA is set to expire on December 31, 2027 There is no certainty of extension, thus the coverage provided by your nsurers may or may not extend beyond December 31 2027 In the event you have loan covenants or other contractual obligations requiring that TRIA/TRIPRA be maintained throughout the duration of your policy period, we recommend that a separate ""Stand Alone"" terrorism policy be purchased to satisfy those obligations. Property Estimator Disclaimer These property values were obtained using a desktop Property Estimator software operated by non -appraisal professioncils. These property values represent general estimates which are not to be considered a certified appraisal. These property valt;es include generalities and assumptions that may produce inaccurate values for specific structures. 8 er Insurance I Risk Management I Consulting Weld County, Colorado Terms and Conditions It is important that we clearly outline the nature of our mutual relationship. The following terms and conditions (these "Terms") govern your relationship with Gallagher unless you have separately entered into a written services agreement with Gallagher relative to the policies and services outlined in this Proposal, in which case that services agreement will govern and control with respect to any conflicts with these Terms. These Terms will become effective upon your execution of the Client Authorization to Bind Coverage (the "CAB") included in this Proposal and shall survive for the duration of your relationship with Gallagher relative to the policies placed pursuant to the CAB or otherwise at your request. Services Gallagher will represent and assist you in all discussions and transactions with insurance companies relating to the lines of insurance coverage set forth in the CAB and any other lines of insurance coverage with which you request Gallagher's assistance. Gallagher will consult with you regarding any matters involving these or other coverages for which you have engaged Gallagher. You have the sole discretion for approving any insurance policies placed, as well as all other material decisions involving your risk management, risk transfer and/or loss prevention needs. Although you are responsible for notifying applicable insurance companies directly in connection with any claims, demands, suits, notices of potential claims or any other matters as required by the terms and conditions of your policies, Gallagher will assist you in determining applicable claim reporting requirements. Treatment of Information Gallagher understands the need to protect the confidentiality and security of your confidential and sensitive information and strives to comply with applicable data privacy and security laws. Your confidential and sensitive information will be protected by Gallagher and only used to perform services for you; provided that Gallagher may disclose and transfer your information to our affiliates, agents or vendors that have a need to know such information in connection with the provision of such services (including insurance markets, as necessary, for marketing, quoting, placing and/or servicing insurance coverages). We may also disclose such information as required by applicable data protection laws or the order of any court or tribunal, subject to our providing you with prior notice as permitted by law. We will (i) implement appropriate administrative, physical and technical safeguards to protect personal information; (ii) timely report security incidents involving personal information to affected parties and/or regulatory bodies; (iii) create and maintain required policies and procedures; and (iv) comply with data subjects' rights, as applicable. To the extent applicable under associated data protection laws, you are a "business" or "controlled' and Gallagher is a "service provider" or "data processor." You will ensure that any information provided to Gallagher has been provided with any required notices and that you have obtained all required consents, if any and where required, or are otherwise authorized to transfer all information to Gallagher and enable Gallagher to process the information for the purposes described in this Proposal and as set forth in Gallaher's Privacy Policy located at https://www.a q.com/privacy-policy/. Gallagher may update its Privacy Policy from time to time and any updates will be posted to such site. Dispute Resolution Gallagher does not expect that it will ever have a formal dispute with any of its clients. However, in the event that one should arise, we should each strive to achieve a fair, expedient and efficient resolution and we'd like to clearly outline the resolution process. A If the parties have a dispute regarding Gallagher's services or the relationship governed by this Proposal ("Dispute"), each party agrees to resolve that Dispute by mediation. If mediation fails to resolve the Dispute, you and Gallagher agree to binding arbitration. Each party waives all rights to commence litigation in court to resolve a Dispute, and specifically waives all rights to pursue relief by class action or mass action in court or through arbitration. However, the parties do not waive the ability to seek a court order of injunction in aid of the mediation and arbitration required by these Terms. B The party asserting a Dispute must provide a written notice ("Notice") of the claim to the other party and to the American Arbitration Association ("AAA") in accordance with its Commercial Arbitration Rules and Mediation Procedures. All Dispute resolutions will take place in Chicago, IL, unless you and Gallagher agree to another location. The parties will equally divide all costs of the mediation and arbitration proceedings and will each pay their own attorneys' fees. All matters will be before a neutral, impartial and disinterested mediator or arbitrator(s) that have at least 20 years' experience in commercial and insurance coverage disputes. C Mediation will occur within sixty (60) days of filing the Notice with the AAA. Mediation results will be reduced to a memorandum of understanding signed by you, Gallagher and the mediator. A Dispute that is not resolved in mediation 9 a Ga = - her Insurance I Risk Management I Consulting Weld County, Colorado will commence to binding arbitration. For Disputes in excess of $500,000, either party may elect to have the Dispute heard by a panel of three (3) arbitrators. The award of the arbitrator(s) must be accompanied by a reasoned opinion prepared and signed by the arbitrator(s) Except as may be required by law, neither you, Gallagher, nor a mediahr or arbitrator may disclose the existence, content or results of any Dispute or its dispute resolution proceeding without the prior written consent of both you and Gallagher. Electronic Delivery In lieu of receiving documents in paper format, you agree, to the fullest extent permitted by law, to accept electronic delivery of any documents that Gallagher may be required to deliver to you (including, but not limited to, insurance policies and endorsements, account statements and all other agreements, forms and communications) in connection with services orovided by Gallagher. Electronic delivery of a document to you may be made via electronic mail or by other electronic means, including posting documents to a secure website. Miscellaneous Terms Gallagher is engaged to perform services as an independent contractor and not as your employee or agent, and Gallagher will not be operating in a fiduciary capacity. Where applicable, insurance coverage placements and other services may require the payment of federal excise taxes, surplus lines taxes, stamping or other fees to the Internal Revenue Service, various State(s) departments of revenue, state regulators, boards or associations. In such cases, you will be responsible for the payment of the taxes and/or fees, wriich Gallagher will separately identify on related invoices. The Proposal and these Terms are governed by the laws of the State of Illinois, without regard to its conflict of law rules. If an arbitrator/court of competent jurisdiction determines that any prov sion of these Terms is void or unenforceable, that provision will be severed, and the arbitrator/court will replace it with a valid and enforceable provision that most closely approximates the original intent, and the remainder of these Terms will remain in effect. Except to the extent in conflict with a services agreement that you may enter into with Gallagher, these Terms and the remainder of the Proposal constitute the entire agreement between you and Gallagher with respect to the subject matter of the Proposal, and supersede all prior negotiations, agreements and understandings as to such matters. 10 GaPta.gher Insurance I Risk Management I Consulting Weld County, Colorado Compenggtinn nisclosure Schedule Client Name: Weld County, Colorado Aviation Unmanned Aircraft Systems C rri American Alternative Insurance Corporation American Commerce Insurance Company National Indemnity Company Tokio Marine America Insurance Company Gallagher U.S. Owned Wholesaler, MGA, Or intermediary Wholesaler, MGA, Or Name' Est. Ann Pre ' z Intermediary % And/or Fee Arthur J. Gallagher - Aviation Division $15,361 00 (not including broker fee 15% 1 We were able to obtain more acvantageous terms and conditions for you through an intermediary/ wholesaler 2 If the premium is shown as an indication The premium indicated is an estimate provided by the market The actual premium and acceptance of the coverage requested will be determined by the market after a thorough review of the completed application A verbal quotation was received from this career We are awaiting a quotation in writing_ Note: When placing business with insurance companies, Gallagher Companies receive commission based on negotiated contractual terms with those carriers The commission rate is a percentage of the premium excluding taxes and fees Major lines of coverage. and their typical range of commissions are listed below If you wish to receive more details on actual compensation paid to Gallagher Companies, please contact your Gallagher representative • Accident & Health: 15-25`)/0 • Aviation: 14-15% • All other Commercial: 10-20`)/0 • Bonds/Surety: 30-35% • Builders Risk; 15-18')/0 • Casualty: 14-15% ■ Commercial Auto: 12.5-15% • Inland Marine: 20-22.5°/0 • Ocean Marine: 15-17.5% Compensation to Gallagher may also be disclosed in a Client Services Agreement or Consulting Services Agreement. • Package / Business Owners Package: 15-16.8% • Professional Liability: 12-16.5% • Property: 15-22% • Workers' Compensation: 8-111)/0 Include if applicable Gallagher Companies receive additional compensation from the carrier for services performed on behalf of the carrier which would normally be considered part of the carriers operating expenses These services include but are not limited to underwriting, rating and policy issuance 11 Ga agher Insurance I Rtsk Management I Consulting Weld County, Colorado Client Authorization to Rind Coverage After careful consideration of Gallagher's proposal dated 03/27/25, we accept the following coverage(s). Please check the desired coverage(s) and note any coverage amendments below: `Accept ❑ Reject Included — Cannot be rejected Coverage/Carrr - Aviation Unmanned Aircraft Systems Global Aerospace Premium: $15,361 + $1,000 Fee =$16,351 TRIA - Aviation Unmanned Aircraft Systems Additional Recommended Coverages Gallagher recommends that you purchase the following additional coverages for which you have exposure. By checking the box(es) below, you are requesting that Gallagher provide you with a Proposal for this coverage. By not requesting a Proposal for this coverage, you assume the risk of any uncovered loss. ❑ Malicious Attack/Active Shooter ❑ Excess Cyber Liability The above coverage(s) does not necessarily represent the entirety of ava lable insurance products. If you are interestec in pursuing additional coverages other than those listed in the Additional Recommended Coverages, please list below: Other Services to Consider Yes ❑ No - CORE360Tm STEP ❑ Yes ❑ No - eRiskNub Fee Agreement: in addition to commission received by Gallagher for the policy term reflected herein, effective: 3/27/2025 Gallagher will receive a fee of: $1,000 for: ❑ Placement of Insurance Coverage ❑ Maintenance and Management of the Account Loss/Risk Control Services ❑ Claim Advocacy Services ❑ Consulting Services ❑ Data Analytics Program Studies ❑ Program Administration This fee IS NOT refundable, is fully earned by signing below, and is due and payable within thirty (30) days of such signing. Any placements that require the payment of additional state or federal taxes and/or fees are the client's responsibility. 12 Ga - gher insurance , Risk Management I Consulting Weld County, Colorado By accepting this fee agreement, you agree and understand that it reflects services to be provided that have been discussed with and fully disclosed to you, and the above fee is consistent with your understanding. This agreement and any disputes that arise out of this fee agreement shall be governed by the laws of the state of Illinois. Exposures and Values You confirm the payroll, values, schedules, and any other information pertaining to your operations, and submitted to the underwriters, were compiled from information provided by you. If no updates were provided to Gallagher, the values, exposures and operations used were based on the expiring policies. You acknowledge it is your responsibility to notify Gallagher of any material change in your operations or exposures. Additional Terms and Disclosures Gallagher is not an expert in all aspects of your business. Gallagher's Proposals for insurance are based upon the information concerning your business that was provided to Gallagher by you. Gallagher expects the information you provide is true, correct and complete in all material respects. Gallagher assumes no responsibility to independently investigate the risks that may be facing your business, but rather have relied upon the information you provide to Gallagher in making our insurance Proposals. Gallagher's liability to you arising from any of Gallagher's acts or omissions will not exceed $20 million in the aggregate. The parties each will only be liable for actual damages incurred by the other party, and will not be liable for any indirect, special, exemplary, consequential, reliance or punitive damages. No claim or cause of action, regardless of form (tort, contract, statutory, or otherwise), arising out of; relating to or in any way connected with the Proposal, any of Gallagher's services or your relationship with Gallagher may be brought by either party any later than two (2) years after the accrual of the claim or cause of action. Gallagher has established security controls to protect Client confidential information from unauthorized use or disclosure. For additional information, please review Gallagher's Privacy Policy located at https://www.a 4.com/privacy-policy/. You have read, understand and agree that the information contained in the Proposal and all documents attached to and incorporated into the Proposal, is correct and has been disclosed to you prior to authorizing Gallagher to bind coverage and/or provide services to you. By signing below, or authorizing Gallagher to bind your insurance coverage through email when allowed, you acknowledge you have reviewed and agree with terms, conditions and disclosures contained in the Proposal. By: Perry L. Buck, Chair Print Name (Specify Title) Board of Weld County Commissioners Signature HAR ? 4 2025 Jdo;,,e, Esther . Gesic , Clerk to the Board By: Dep t -r o t e Board Contract Form Entity Information Entity Name* ARTHUR j GALLAGHER RISK MANAGEMENT SERVICES, INC Entity ID* @00000344 Q New Entity? Contract Name* Contract ID WELD COUNTY DRONE INSURANCE QUOTE APPROVAL 9240 Contract Status CTB REVIEW Contract Lead* BPETERSON Contract Lead Email bpeterson@weld.gov Parent Contract ID Requires Board Approval YES Department Project # Contract Description* RENEWAL OF UNMANNED AIRCRAFT SYSTEM OR DRONE INSURANCE THROUGH GLOBAL AEROSPACE FOR ALL 21 UNITS OWNED BY WELD COUNTY. Contract Description 2 Contract Type* AGREEMENT Amount* S16,361.00 Renewable* NO Automatic Renewal Grant IGA Department HUMAN RESOURCES Department Email CM - Human Resources@weld.g Ov Department Head Email CM-HumanResources- DeptHeadweld.gov County Attorney GENERAL COUNTY ATTORNEY EMAIL County Attorney Email C M -- COUNTYATTORNEY@WEL D.GOV Requested BOCC Agenda Date* 03 24/2025 Due Date 03 20/2025 Will a work session with BOCC be required?* HAD Does Contract require Purchasing Dept. to be included? If this is a renewal enter previous Contract ID If this is part of a MSA enter MSA Contract ID Note: the Previous Contract Number and Master Services Agreement Number should be left blank if those contracts are not in On Base Contract Dates Effective Date 03/27 2025 Termination Notice Period Contact Information Contact Info Contact Name Purchasing Purchasing Approver Approval Process Department Head )ILL SCOTT DH Approved Date 03/18/2025 Final Approval BOCC Approved BOCC Signed Date BOCC Agenda Date 03/24'2025 Review Date* 0 l ' 2 7 2026 Committed Delivery Date Contact Type Contact Email Finance Approver CHERYL PATTELLI Renewal Date Expiration Date* 03/27/2026 Contact Phone 1 Purchasing Approved Date Finance Approved Date 03/19,2025 Tyler Ref # AG 032425 Originator BPETERSON Legal Counsel BYRON HOWELL Contact Phone 2 Legal Counsel Approved Date 03/19/2025 Hello