Exhibit 4- Broker Recommendation Letter
LOCKTON COMPANIES 214.969.6700
2100 Ross Avenue, Suite 1400, Dallas, TX 75201-6706 lockton.com
12/16/2020
City of Denton
215 E McKinney
Denton, TX 76201
Re: City of Denton 2/11/2021-22 EMT Professional Liability Renewal Proposal
To Whom it May Concern:
Thank you for the opportunity to assist the City of Denton with the 2/11/2021-22 EMT Professional
Liability policy renewal.
The Miscellaneous Medical industry aspect of ambulance services has become an extremely hard
market over the past year, resulting in renewals in the sphere of ambulance services going up
significantly. Even though we have a slight increase of 1%, this was still an extremely favorable
renewal. The incumbent, Admiral has presented a renewal premium of $22,032.15, including taxes
& fees, which is a 1% increase from last year.
Lockton worked to obtain two (2) quotes to present to the City – one with Admiral and the other
with TDC Specialty Underwriters. Upon reviewing the TDCSU quote, their sexual abuse limits are
only $100K/$300K while Admiral’s is $500k/$500k. Their loading and unloading is sub-limited to
$100k/$300k while Admiral’s is included in the policy limits of $500k/$500k. TDC also removed the
evacuation and media coverage while the Admiral quotes still has sub-limits for these coverages.
Lockton recommends the City renew its EMT Professional Liability Insurance with Admiral for a total
annual deposit premium of $22,032.15.
Thank you for the opportunity to work with the City of Denton. Please let us know if you have any
questions regarding this renewal.
Sincerely,
Neil Cohen
Senior Vice President, Practice Leader
Lockton Companies.