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Office of Risk Management Annual Conference. HURRICANE.

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Presentation on theme: "Office of Risk Management Annual Conference. HURRICANE."— Presentation transcript:

1 Office of Risk Management Annual Conference

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3 HURRICANE

4 Office of Risk Management Annual Conference ORM PROPERTY COVERAGES

5 Office of Risk Management Annual Conference STEPS TO TAKE AFTER A 1ST PARTY PROPERTY LOSS 1. COMPLETE A 1ST PARTY PROPERTY LOSS REPORT 2. MITIGATE DAMAGES 3. OBTAIN PHOTOS OF DAMAGE BEFORE/AFTER MITIGATION 4. FOLLOW YOUR PROCUREMENT GUIDELINES (EMERGENCY/PERMANENT REPAIRS) 5. NOTIFY POLICE OR OTHER AUTHORITIES WHEN APPROPRIATE

6 Office of Risk Management Annual Conference The form can be found the LAORM Website. http://www.laorm.cpm/reporting.html The form should be completed and submitted as soon as possible. In order for coverage to be confirmed please remember to included:  Your Location Code  The Building Name  The State Building Number (All of the above can be found on your exposure report that is submitted to ORM underwriting.)

7 Office of Risk Management Annual Conference CLAIMS TO BE REPORTED AS 1ST PARTY PROPERTY LOSS Damages to building/contents owned by the state. Damages to motorized vehicles NOT licensed for road use. (Ex. Tractors, Motorized Mowers, Excavators, ATVs, Golf Carts) Crime Losses (Thefts either by an employee(s) or a 3 rd Party) Equipment breakdown claims Fine arts claims

8 Office of Risk Management Annual Conference remember ALL PROPERTY VALUES HAVE TO BE REPORTED VIA YOUR EXPOSURE REPORT CATEGORIES BUILDINGS CONTENTS COMPUTER EQUIPMENT BOATS FINE ARTS MOBILE EQUIPMENT MEDICAL EQUIPMENT FENCES LIVESTOCK SIGNS MOBILE STRUCTURES OTHER OUTDOOR PROPERTY BUSINESS INCOME

9 Office of Risk Management Annual Conference EMERGENCY REMEDIATION SERVICES The following list of vendors are to be used for emergency remediation services. Remember that after the emergency remediation is completed, please follow your normal procurement guidelines for the permanent repairs.

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13 ALL 1ST PARTY PROPERTY CLAIMS ARE TO BE REPORTED TO SEDGWICK 6410StateofLouisiana@Sedgwickcms.com SEDGWICK WILL ASSIGN ALL EQUIPMENT BREAKDOWN CLAIMS TO: XL INSURANCE AMERICA, INC SEDGWICK WILL ASSIGN ALL FINE ARTS CLAIMS TO: ARTHUR J. GALLAGHER WHEN IN DOUBT AS TO WHETHER TO REPORT A 1ST PARTY PROPERTY CLAIM PLEASE CALL SEDGWICK.

14 Office of Risk Management Annual Conference SEDGWICK CONTACTS Darrell Bizette – (225)-368-3414 Darrell.Bizette@sedgwickcms.com Matt Guidry – (225)-368-3434 Matthew.Guidry@sedgwickcms.com Scott Levet – (225)-368-3447 Scott.Levet@sedgwickcms.com Kimberly Berthelot – (225)-368-3413 Kimberly.Berthelot@sedgwickcms.com Brian Edmonston – (225)-368-3482 Brian.Edmonston@sedgwickcms.com Property Unit Combined Years of Experience 105


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