Preferred Governmental Insurance Trust®

The Preferred Governmental Insurance Trust® was formed in 1999. PGIT, which is self-governed by a Board of Trustees, was created to provide Workers' Compensation, Property, and Casualty coverages to all segments of the public entity insurance marketplace. PGIT enjoys a unique distinction in comparison to other Trusts in that it maintains minimal risk by purchasing excess of loss coverage at relatively low retention levels. Public Risk Underwriters®, the third party administrator instrumental in forming the program, carries out the day-to-day administrative, underwriting and risk management services.

Public Risk Underwriters, the program administrator for PGIT, provides the following key benefits:

• »  Underwriting discipline built on integrity and selectivity.
• »  Program options include guaranteed cost, deductibles, self-insureds retentionand basket aggregate products.
• »  Competitive premium discounts are available based on favorable experience.
• »  Quarterly self-reporting of payroll eliminates the risk of large final premium adjustments.
• »  A comprehensive safety management program is provided to all members, including on-site safety evaluations, job hazard analysis, drug-free workplace policies, and educational training assistance.
• »  Certificate of Insurance oversight.
• »  Experience modification analysis
• »  Contract Review
• »  PGIT 411 Newsletter, published quaterly, provides members with valuable information pertaining to the specific issues facing Florida's public entities.

Eligibility is open to municipalities, counties, special districts and public school boards and charter schools throughout the state of Florida. Eligible classes include: Cities, Charter Schools, Counties, Fire Districts, Housing Authorities, Public Schools, Mosquito Districts, Towns, Transit Authorities, Water Districts, Community Development Districts and other State agencies.

Contact Kurt Heyman, Marketing Vice President, for additional information or visit www.pgit.org.