2025 Proposal of Insurance Services

Secure Your Success

Village of Red Hook

Creating a future that’s safer and

more secure.

Empowering our customers to predict, prepare for, and preempt risk.

Break free of the traditional insurance broker model as it doesn’t address your problems.

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RISING INSURANCE COSTS IMPACT EVERY ASSET AND ASPECT OF YOUR BUSINESS:

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PROPERTY LIABILITY EMPLOYEES AUTO

Selling and renewing insurance without understanding YOUR needs

Lacking insights on what’s driving losses and insurance costs

Failing to educate you on alternative solutions (e.g. high deductible options, captive programs or self-insured retentions)

Robotic annual renewal processes that lack strategic planning

Operating within a restricted marketplace

Absence of claim advocacy and trend analysis

vs. Implementing Tactical Risk Approach

Maintaining Current Path

AND STILL, YOU’RE NOT ADDRESSING THE FULL COST OF YOUR ORGANIZATION’S RISK

Higher Premiums, Fines & Penalties

• Productivity Loss

• ▪ Sick Pay

• Medical Expenses

• Accident Investigations

• Physical Damage

• Replacement Worker and Temporary Labor staffing

• Overtime Costs

• Reputational Damage

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You need solutions that bend the curve.

Sticking with traditional methods won’t lower your total cost of risk, but they might lower your protection.

Years

Marshall+Sterling’s Tactical Risk Approach delivers results.

Together, we execute a comprehensive risk management plan for your business, supported by resources and solutions that put you in control.

• • Strategic planning meetings to determine business shortand long-term goals and objectives.
• • Foster a safer workplace, reducing employee turnover and increasing morale with in-house loss control resources.
• • Teams focused on assisting you in achieving your business goals, helping you decide where to accept or transfer risk, and how best to finance your risk mitigation program.
• • Attract insurance carriers who compete for your business.
• • Create opportunity for alternative funding options.
• • In-house claim teams to develop trend analysis and hold quarterly claim review meetings.
• • Leverage our experience, regulatory expertise and industry best practices to develop programs that help you predict and pre-empt future losses and claims.

EXAMPLE:

Workers Comp Policy

Analyzing past claims and implementing best practices helped reduce one organization’s MOD, lowering their costs over time by 16%

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$100K $80K $60K $40K $20K YEAR 1 YEAR 2 ----- End of picture text -----

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Reduction in MOD from 1.1 to 0.9 by year 2

Gain insights from…

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Marshall+Sterling Online

Our Toolbox includes thousands of up-to-date tools and resources for all industries.

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Learning Management Systems

150+ online employee training courses.

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Workers Compensation Analysis

Identify root causes and mitigate losses directly affecting your premium.

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Risk Mitigation Resources

Our in-house Risk Mitigation and Loss Control team analyzes your business operations to discover the sources of your organization’s losses and claims to convert challenges into opportunities.

• • Workplace Hazard Assessment
• • On-site Inspections
• • In Person or Virtual Training
• • Driver Safety
• • OSHA Compliance
• • Documentation & Record-keeping Reviews

Our Service Model

Our dedicated teams work across areas of expertise to bring you a complete risk assessment, monitor your progress and anticipate emerging needs, and advocate with insurers on your behalf.

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• Webinars & Educational Events| ||+|TIPS Training|| |Communications|+ +|Client Newsletters Compliance Updates|+ Industry Insights| |Service Team Approach|+|Claims Support & Reviews|+ Stewardship Reports| ||+|Service Timelines|+ 24-Hour Claims Reporting| |+ Industry Vertical Expertise||Partnered Target Programs with|+ Advanced Industry Knowledge| |||Specialized Carriers|| ||+|Niche Market Expertise & Selection||

** Proprietary Service

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SALES EXECUIVE ACCOUNT MANAGER Claims Team Loss Trend Analysis Market Placement Risk Mitigation Team Specialist Team HR & Compliance Technology Solutions Day-to-day Support Service Team ----- End of picture text -----

Agenda

• Tactical Risk

• Team Introduction

• Loss Control Overview

• Coverage & Premium Analysis + Service Timeline + Marshall+Sterling Advantage

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M+S Team

Melissa Crosson, AU Account Manager Office: 845-454-0800 Ext. 2567 Cell: 329-207-9177 mcrosson@marshallsterling.com

Shelli Rollinson

Client Service Specialist Office: 845-343-2138 Ext. 2181 srollinson@marshallsterling.com

Susan Bennett

Claims Supervisor Office: 845-454-0800 Ext. 2297 Cell: 845-527-6434 sbennett@marshallsterling.com

Plan Management

Our service model is built to put you at the center of our team of specialists . We have in-house experts in all the major service areas who work collaboratively to create the best solutions for your organization.

• • Dedicated Sales Executive and Account Manager
• • Quarterly plan review meetings and a tailored implementation timeline
• • Concierge-style client support
• • Access to resources and data analysis
• • On-site loss control
• • Employee risk mitigation
• • Training + education , on-site and virtual

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Sales Executive Account Manager Market Loss Trend Risk Mitigation Claims Team Placement Analyst Team Specialist HR and Technology Client Service Compliance Services Team Support ----- End of picture text -----

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Municipality Risk Control Services

We are dedicated to providing high-quality training and consultative services; those that are industry specific and comply with state and federal regulations. Our goal is to nourish a safe and healthy work environment through current and diverse training presentations and methods.

Here are just some of the resources at your disposal:

On-Site Inspections

• • Our in-house loss control inspections mirror those performed by insurance carriers.
• • We provide custom recommendations and help implement solutions.
• • Key Advantage: Findings help resolve issues without triggering adverse .

• underwriting decisions

Risk Control Services

• • DOT Mock Audits
• • Safety Reports
• • Review of Safety Programs and Guides
• • PESH Recordkeeping Assistance
• • Building Reconstruction Values
• • Experience Modification Analysis

Municipal Loss Control Training and Education

• • Driver Safety
• • Playground Safety
• • 10 Hour OSHA - Construction
• • Personal Protective Equipment
• • Fall Protection
• • Walking/Working Surfaces
• • Hazard Communication
• • Confined Space
• • Bloodborne pathogens
• • ZyWave Learning System (Access to 200+ online interactive safety & compliance trainings)

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Industry Loss Trends

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Premises + Operation Liability:

Conducting routine evaluations helps to identify and address potential hazards. Clear and visible signage placed in public areas promotes safe practices and alerts residents and visitors to potential risks. Additionally, utilizing well-drafted contractual agreements with vendors is crucial to transferring risk and protecting the Village’s interests..

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Employee Safety:

To ensure the safety of its workforce, the village can conduct regular safety training, worksite inspections, and ergonomic assessments. Providing appropriate PPE, implementing health and wellness programs, and maintaining clear accident reporting protocols will help reduce injuries and foster a culture of safety across all departments

Crime:

Municipalities are exposed to financial crime risks, including theft, fraud, and embezzlement. Implementing secure access controls for managing village funds can significantly mitigate these risks. Adopting robust financial procedures and conducting regular audits will further safeguard assets and prevent potential financial losses.

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Auto Liability:

The Village of Red Hook can enhance fleet safety by implementing regular driver training, continuously reviewing telematics data, and conducting routine vehicle maintenance. Encouraging safe driving practices and addressing distracted driving risks will help reduce accidents and protect employees and the public.

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Cyber Risks:

With municipalities increasingly reliant on digital systems, cyber risks pose a significant exposure for the Village of Red Hook. We recommend conducting regular cybersecurity training for employees, implementing robust data backup protocols, and performing periodic vulnerability assessments to strengthen overall cyber resilience.

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Risk Recommendations

Our team is committed to providing you recommendations to reduce the frequency and severity of claims.

Premises + Operational Liability

• • Create a slip, trip, and fall prevention program with regular assessments.
• • Conduct routine inspections of facilities to identify and address hazards.
• • Provide ongoing safety training for employees.
• • Install clear and visible signage to promote safety.
• • Utilize vendor contracts for effective risk transfer.

Employee Safety

• • Develop a safety training program for all employees, as appropriate with their job function, with regular refreshers.
• • Review and update employee handbooks, job descriptions, and safety manuals.

Auto Liability

• • Regularly review and update driver safety manuals to include the latest best practices, legal requirements, and guidance on safe driving techniques. Ensure all municipal drivers have access to these manuals and acknowledge receipt.
• • Use insights from telematics systems to include specific examples and

• scenarios in the manuals, addressing trends like speeding, hard braking, and distracted driving to promote safer driving habits.

Cyber Risks

• • Email security to protect data, and multifactor authentication

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These are just a sampling of some risk recommendations, for more information or questions please contact us.

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Coverage + Premium Summary Village of Red Hook

Premium Summary & Signature Page

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Policy Type Carrier Annualized Expiring Proposed Premium Premium Property NYMIR $13,287.23 $14,966.81 Boiler & NYMIR $1,749.00 $2,004.00 Machinery Inland Marine NYMIR $4,140.00 $4,140.00 General Liability NYMIR $7,819.00 $8,615.00 Cyber Liability NYMIR $1,372.00 $1,375.00 Public Officials NYMIR $6,408.00 $7,955.00 Law Enforcement NYMIR $23,766.00 $28,964.00 Business Auto NYMIR $13,927.47 $14,825.00 OCP Dept of NYMIR $275.00 $275.00 Public Works OCP Perm 33 NYMIR $275.00 $275.00 OCP Perm 17 NYMIR $275.00 $275.00 Excess Liability NYMIR $13,992.00 $15,076.00 Total Premium $87,285.70 $98,745.81 ----- End of picture text -----

*Total premium includes any applicable fees.

Subject To:

•  Signed Proposal

•  Signed Acords

•  Most Recent Annual Municipal Budget

-Terrorism coverage must be accepted or declined prior to binding of policy.

-Higher limits of liability may be available to you. If you would like a quotation for higher limits, please let us know.

-This is a proposal for Insurance Agent or Broker services. Additional Risk Management services require a separate signed contract.

The abbreviated outline of insurance coverage contained in this proposal is not intended to express any legal opinion as to the nature of coverage. The abbreviated summary of insurance coverage set forth in this proposal is subject to all of the terms, conditions, exclusions and limitations of the policy(ies) in current use by the insurance company(ies) listed for the summarized coverage. In order to fully understand the terms, conditions, exclusions and limitations of the insurance policy(ies) referred to in this proposal, you should request and review a specimen copy of the policy(ies).

Proposal accepted as presented:

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