Public Risk Insurance Agency (PRIA) is the Excess Property Broker ‐
Effective 2015:
 Excess insurance placement  Risk management consultative services
Discussion focus: framework for successful triage of DRM/Trust Fund, excess insurance, and FEMA coordination in the event of a catastrophe
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State of Florida Property Self‐Insurance Program
Per Certificate of Property coverage  Buildings, Contents, Loss of rental income
 9 Specified Perils  $2,500 deductible per occurrence except Flood
 DRM intakes property claims  York Risk Services – contracted field adjusters 3
Florida Property Insurance Trust Fund Excess Insurance Structure 2016‐17
$200 million Limit
Specified Perils
Single Policy
TRIPRA Included
Excluding Named Wind and
Flood
$85 million Limit
Specified Perils
$85 million Limit
Provided by 18 Insurers
Including Wind and Flood
Terrorism
& Sabotage
(Monoline Policy)
Deductibles
$2,000,000 Per Occurrence
$40,000,000 Aggregate for Named Windstorm and Flood
$2 million Deductible
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1. Preparedness & Recovery (Continuity Planning)
2. Storm Approaching
3. Storm Overhead
4. Storm Has Passed
5. We Have Losses
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1.
Develop and maintain your continuity plan
Goal: Identify, control & minimize the impact of uncertain events
2. Evaluate the plan at least annually
Provide Testing, Training and Exercises
Plan Template: http://www.fema.gov/planning‐templates
Continuity Assistance Tool: http://www.fema.gov/media‐library/assets/documents/86286
Continuity Training: http://www.fema.gov/courses
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Key Components of a Continuity Plan
1.
2.
3.
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7.
8.
Identify essential functions
Empower the continuity committee
Facilities
Communications
Records Management Human Resources Risk Mitigation
Continue Operations
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Committee/Team composition
1.
Who is in charge?
2.
Define and practice the roles:
3.
Communicate expectations to each team member
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Mitigation of Property Damage
1. Do you know where your tangible assets are?
 Are they reported to DRM (Coverage Request Form)?
1. Who are your first responders?  Internal resources
 Mutual Aid agreements
 Agreement with private contractor
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1. Continuity committee plan review
2. Secure facilities at risk
3. Emphasis on safe operations
4. Communicate updates to all relevant parties
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Alternative Communication methods
800 mhz, Sat phones, internet postings Texting Communicate with first responders/adjusters
Temporary ID’s for third party responders
Secure access to your premises – ID’s
Review Mutual Aid Agreements
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Safeguard employees, students, clients & general public
1. Communicate updates if possible
2. Push for on‐going awareness
3. Wait for all‐clear
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1.
Follow Protocols
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2.
3.
Communicate or meet with team members
Assess the damage without jeopardizing safety
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Damage assessment process
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Type of losses –Wind, Flood, Rain, Fire, Mechanical
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Do you have exposed facilities?
Address critical issues and conditions
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Safety hazards
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Prioritize work
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1.
2.
Document Everything
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Are loss assessment forms accessible?
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How will you send or share information with adjusters?
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You must keep everything to avoid de‐obligation efforts by FEMA
Contact Claims Coordinators
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ID the FEMA coordinator(s)
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Get everything from FEMA in writing and document each claim file
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3. Mobilize your Resources
Disaster recovery first responders
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Roof repair
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Drying out
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Mold remediation
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Temporary power
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Paul Dawson
Sr. Vice President
Matt Montgomery
Executive Vice President
Michelle Martin
Vice President
386‐239‐7245
mmontgomery@bbpria.com
386‐239‐4047 mmartin@bbpria.com
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