Q: What type of public entities does Saville Public Entity write?
A: We work with local insurance agents on cities, counties, utility districts, colleges, public schools, airports, water authorities, development authorities and special districts to place business through our exclusive carriers.
Q: How experienced is Saville Public Entity in the public sector?
A: During the last three decades, Saville has written over $100 million of public sector premium for local agents in over 30 states. Saville is the public entity resource for insurance agents and carriers across the Country with more experience than anyone in the industry. Saville has helped hundreds of agents save their city or county from the association or state pool programs, even when we don’t write the coverage. Call
Q: What work is required from insurance agents for a submission?
A: We make the process easy for agents and the insured. Agents typically email us expiring carrier applications, updated schedules, a current budget, and five years of loss experience. We take it from there, completing the applications for you, transferring the schedules into a spreadsheet and marketing the risk to the correct public sector markets. You can cover all your bases with one quick email.
Q: How long does it take to get a proposal?
A: Under normal circumstances, we typically turn a proposal around in 14 business days or less if we have all the information. We can do it in just a few days if the account is time sensitive.
Q: How early do I need to get started on the renewal process if I am interested in working with Saville Public Entity?
A: We recommend a conversation 4-6 months prior to expiration to review the market conditions and determine if alternatives are necessary. If there are no issues, we usually recommend staying with your incumbent carrier, then we can provide you alternative proposals to show due diligence for your insured. If the account needs to be marketed, we can develop a timeline based on competition, due dates and the nature of the risk.
Q: Why should I use Saville Public Entity if I already write insurance for a city, county or utility?
A: Saville protects your business and makes you successful in the public sector. If you already write a city, county, school or utility, send us your incumbent carrier applications and schedules, then we will create our Saville application that is accepted by all of the other carriers. With one email you can blanket the market with no additional work and usually make the same commission.
Q: Does Saville Public Entity only write business through local agents?
A: Yes! You will always be in control and all contact with the insured is channeled through our local agents. We do not operate on a retail basis unless we are working as a consultant for the city or county.
Q: How does Saville Public Entity identify carriers for my public entity insurance?
A: Saville only writes public entities so we know each carrier’s appetite and limitations. When we review your insured’s coverage and loss experience, we identify the best match and eliminate those that would immediately decline. This saves you time and sometimes confirms you are already with the best carrier. We not only work with multiple carriers on your behalf, but exclusive carriers, guaranteeing your customers receive the industry’s best rates from all markets.
Q: A pool/association/league is pursuing my local municipality. How can Saville Public Entity protect my account?
A: We conduct in-depth research on various pools/associations/leagues that we compete against across the U.S. We will educate you on their tactics, weaknesses and pricing models. Keeping the business with your own agency carriers or those Saville finds for you is our common goal. We have also helped many local agents who have lost their city or county to the pool get them back. The pools become much more aggressive in a hard market because they know your insured will be open to change as your renewal premiums increase and terms become less favorable.
Q: How can Saville help me take a city or county out of the association pool
A: Saville has helped many local agents who have lost their city or county to the pool, get them back. If your City or County is currently insured by a pool, you likely are required to give a 30 or 90 day notice prior to the renewal date or there may be no opportunity. Alternatively, we have been most successful moving pool accounts midterm because the pool does not have the opportunity to change their pricing in the face of competition. Send us a copy of the Pool renewal proposal and application if available, then Saville can evaluate the premiums and coverage terms to quickly determine whether it is worth pursuing.
Q: How can Saville protect my business if my public entity is bidding
A: Saville will guide you through the bid process. There are three different types of bids. A firm understanding of each type is the key to success in a bid situation.
1) The traditional bid allows any agent to approach any market at any time. This scenario offers the incumbent the best chance. Before the bids are released, Saville will identify the most competitive carriers, contact them to see if they are willing to offer a proposal and have the submission prepared to send as soon as permissible by the insured. We will help you to be fully prepared for the bid. We have a common goal for you to keep the business, whether it is with your own carriers or one Saville finds for you.
2) A market selection or assignment bid where each competitor is assigned their top 3-4 markets. Saville will help you select the most competitive markets, arrange them in the right order for the selection and make sure there are no gaps. This bid offers an equal chance for all competitors because no carriers can be reserved prior to the bid. The incumbent broker always keeps his incumbent carriers, which the insured may require to be the brokers first choice. Markets are typically assigned in a round robin fashion, assigning the remaining available markets to each broker until all requested markets are assigned. Sometimes, the carriers will not offer all lines so you could have the best market and lose because they would not quote every line. Saville will help you avoid this pitfall.
3) A broker bid selecting one broker to represent the insured. Under this scenario the largest agent with the strongest support staff has the advantage. Saville will help you build the required response so it is competitive with national and regional brokers by combining both of our resources. We have helped many agents build an impressive bid response book that wins the broker bid. When the bid is awarded, we help you fulfil the marketing and risk management commitments.
Q: How does Saville handle endorsements for adding or removing autos or property?
A: Our programs eliminate most of the endorsements and certificates. Most policies offer automatic coverage with no endorsements or additional premium for automobile, property and equipment changes. They also include blanket additional insured with broad CGL coverage for all operations of the public entity unless it is excluded. We created this process to free up time spent on billing and endorsement processing for agents and insureds.
Q: How does Saville handle claims?
A: Our claims manager has ten years of public sector claims experience. All claims except workers compensation claims are submitted to Saville with and Acord form. Saville will determine the correct line(s) of coverage, confirm all the information is complete and submit the claim. We will provide you with the claim number and adjuster within 24 hours. Saville has a large book of business with every carrier so our claims manager has strong relationships with every adjuster.
Q: How do I get started?
A: Thanks for asking! Please call 678-317-2489 or Click Here — a team member will respond to your inquiry ASAP. Contact us today and we respond immediately.
