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Schauer Group, Inc

Risk Management & Insurance


Schauer Group, Inc.  Commercial Insurance  Employee Benefits  Risk Management  Enterprise Risk Management  Executive Personal Insurance


Schauer Group, Inc.


Schauer Domestic Business


International Placements               

Argentina Australia Brazil Canada China Czech Republic France Germany Hong Kong Hungary India Indonesia Italy Japan Luxembourg

              

Mexico Netherlands Poland Romania Russia Singapore South Africa South Korea Spain Taiwan Thailand Turkey United Kingdom Venezuela Vietnam


Schauer Overview Top 4% Insurance Agencies Nationally ď Ž Best Practices ď Ž

Industry Best Practices


The Nation’s First ISO Registered Independent Insurance Agency

 Certified

since 1998  Customer focused quality objectives  Continuous improvement of internal processes  Focus on training and education of our staff


Insurance Company Partners


Oil & Gas Division 

Division Overview 

Industry Served       

Lease Operators Non-Operators Drilling Contractors Suppliers Haulers Environmental/Waste Removal Service Contractors

Specialty Insurance Companies  Risk Management  Service Platform 

    

Exposure Analysis Indemnity Clause Compliance Certificate Tracking & Management Claims Management Risk Control


Presentation Overview 

Master Service Agreements   

Insurance Coverage Requirements Limits of Insurance Insurance Policy Endorsements

Other Specialty Insurance  How to Purchase Insurance 


Master Service Agreements  

Function and Purpose Areas of Focus  Terms

and Conditions  Indemnity Clause  Insurance Clause


Insurance Coverage Requirements 

General Liability Insurance 

Coverage/Legal liability for: 3rd Party Property Damage  3rd Party Bodily Injury 

 Required

Limits of Insurance

$1m per occurrence  $2m annual aggregate 


Insurance Coverage Requirements 

Automobile Liability Insurance 

Coverage/Legal liability for: 3rd Party Property Damage  3rd Party Bodily Injury 

 Required 

Limits of Insurance

$1m per accident


Insurance Coverage Requirements 

Workers Compensation 

Statutory coverage 

Ohio employers  

Provide Protection for Employee Injury Directly from the State Fund Qualified Self-Insured

Employers Liability 

Coverage Intent 

Provide Protection for Allegations of Employer Gross Negligence

Required Limits of Insurance   

$1m Disease $1m Accident $1m Disease Aggregate


Insurance Coverage Requirements ď Ž

Umbrella or Excess Liability Insurance

 Required Limits: Varies


Insurance Policy Endorsements 

Additional Insured Language Primary  Non-Contributory  Completed Operations 

Waiver of Subrogation


Specialty Insurance Requirements 

Environmental/Pollution Liability    

Contractors Pollution Liability Coverage Site Pollution Liability Coverage Transportation Coverage Nonowned Disposal Sites


Specialty Insurance 

Professional Liability Coverage  Not

bodily injury or property damage insurance  Errors & Omissions Architects  Engineers  Surveyors  Attorneys  Accountants 


Specialty Insurance 

Executive Liability/Wrongful acts coverage  Directors’

& Officers’  Employee benefit plan fiduciaries  Employment related practices


How To Buy Insurance 

Find a Qualified Agent    

Industry Expertise Education Service Capabilities Insurance Market Access

Identify Risk Exposures  Conduct an Analysis of Current Program 


Questions


8 Risk Management & Insurance Schauer Group