Guidelines for Insurance Specifications has been prepared to aid
insurance buyers, risk managers, agents, and brokers in the preparation of
insurance specifications and related requests for proposals.
Once an insurance program is designed, the desired and required coverage
terms must be communicated to underwriters, and this handy guide helps you
prepare clear and concise instructions. It contains model specifications for
24 commonly purchased types of commercial lines insurance.
Allows you to quickly prepare detailed and accurate specifications
tailored to any organization's needs. This thorough guide explains how to
properly bid insurance programs, clearly communicating the insured's
coverage requirements.
Guidelines for Insurance Specifications covers these
topics.
- Insurance Bidding
- Service Provider Selection and Evaluation Checklist
- Model Request for Proposal
- Model Specifications
- Business Auto Coverage
Specifications
- Workers Compensation Coverage Specifications
- Commercial General Liability Coverage Specifications
- Umbrella Liability Coverage Specifications
- Direct Damage and Time Element Property Coverage Specifications
- Builders Risk/Installation Coverage Specifications
- Contractors Equipment Coverage Specifications
- Boiler and Machinery Coverage Specifications
- Crime Coverage Specifications
- Aircraft Liability and Hull Coverage Specifications
- Nonowned Aircraft Liability Coverage Specifications
- Professional/Errors and Omissions Liability Coverage
Specifications
- Directors and Officers Liability Coverage Specifications
- Employment Practices Liability Coverage Specifications
- Fiduciary Liability Coverage Specifications
- And More!
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Table of Contents
Agents, Brokers, and Account Support Staff
- Quickly create a set of specifications tailored to fit the needs of
virtually any organization when bidding commercial property and liability
insurance programs.
Risk Managers, Financial Executives, & Insurance
Buyers
- Prepare comprehensive and effective insurance specifications by
customizing the model specifications.
- Save time developing specifications by customizing the template.
- Get insightful and practical advice about the pros and cons of
different approaches to competitively bidding your program.
Consultants
- Prepare comprehensive and effective insurance specifications by
customizing the model specifications.
- Save time developing specifications by customizing the template.
Your purchase of Guidelines for Insurance Specifications comes
with a copy of the Contractor's Guide to OCIPs, a handy
reference that provides guidance on 39 issues contractors should consider
when accepting coverage through a wrap-up or controlled insurance program.
This publication was prepared by the OCIP Task Force of the AGC of
America.