authorizing the renewal of the Property and Casualty Insurance Program which includes, but is not limited to, Property, General Liability, Automobile Liability, Public Officials Errors & Omissions, Excess Workers' Compensation, Crime Liability, Special Risk, Terrorism Property & Liability, Pollution Liability, Deadly Weapon Protection Coverage, Flood, as well as other ancillary lines of insurance coverage and insurance broker fees through Arthur J. Gallagher Risk Management Services, Inc., in the amount of $2,877,099 for the policy period of May 1, 2026 to May 1, 2027. (Funding Source: Insurance Fund)

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Executive Summary May 1, 2026-2027 City of Coral Gables Arthur J Gallagher Risk Management Services, LLC Maria Perez | Area Senior Vice President Maria_Perez@ajg.com | 305.639.3136 Ilene Abella | Area Senior Vice President Ilene_Abella@ajg.com | 305.639.3106 Meeting: April 1, 2026 2151 Salzedo Street Coral Gables, FL 33134 2 SECTION PAGE Introduction ........................................................................................................................................................................... 3 Your Team ............................................................................................................................................................................ 3 State of the Market - Property .............................................................................................................................................. 4 State of the Market - Casualty .............................................................................................................................................. 5 Existing Program Structure .................................................................................................................................................. 6 Exposure Summary ............................................................................................................................................................ 10 Marketing Summary ........................................................................................................................................................... 11 2026 Insurance Renewal .................................................................................................................................................... 15 Insurance Premiums .......................................................................................................................................................... 16 Renewal Results ................................................................................................................................................................ 17 3 Introduction Thank you for this opportunity to present your renewal proposal program options and recommendations for your May 1st Insurance Renewal. This Executive Summary is a shorter version of your proposal and is intended to summarize the highlights and point you to any decisions that need to be made prior to binding. We highlight each CORE360® cost driver, beginning with Insurance Premiums and ending with Contractual Liability. This will not only organize the document but ensure that we are deliberate in driving value to each of your six cost drivers which represent your total cost of risk. It also follows the decisions made and action items we discussed in our Strategic Review; which serves as the basis for this proposal. We know that you have a choice and we appreciate your business and continued support. Your Team Your Gallagher team is a true partner. We have the expertise to understand your business and we’re here to service and stay alongside you, every step of the way. Name/Title Phone Email Role Primary Service Team Maria Perez Area Senior Vice President (305) 592-6090 Maria_Perez@ajg.com Team Leader Ilene Abella, CPCU, ARM-P, AAI Area Senior Vice President (305) 639-3106 Ilene_Abella@ajg.com Co-Team Leader Kathy Hill, CIC Client Service Manager Senior (561) 998-6785 Kathy_Hill@ajg.com Client Service Manager Bridgette Geist, CLCS Client Service Manager (561) 998-6771 Bridgette_Geist@ajg.com Client Service Manager Claims Management Scott Clark Claims Advocate Senior, Area Vice President (561) 998-6815 Scott_Clark@ajg.com Senior Claims Advocate Loss Control Jim Smith Regional Risk Control Leader (561) 998-6809 Jim_Smith@ajg.com Regional Risk Control Leader 4 State of the Market - Property • The Property Market is currently favorable to clients, marked by abundant capacity across domestic, London, Bermuda, and global reinsurance capital markets. • Insurers have increased their risk appetite and capacity, resulting in lower prices. • Property treaty reinsurance renewals have been more favorable than expected. • The ample property catastrophe capacity and falling premium rates are driven by insurer profitability and the desire to retain existing clients and support growth. • Catastrophe-driven layered and shared programs, which previously faced significant rate increases, are now benefiting the most from current market conditions, with oversubscription driving competition and resulting in significant rate relief. 5 State of the Market - Casualty • General Liability: A more moderate market is emerging with minimal rate increases anticipated unless driven by loss individual experience. This line should remain fairly stable. • Auto Liability: We continue to see rate increases, particularly on excess limits, which insurers are looking to manage due to outsized verdicts in many jurisdictions. • Law Enforcement Liability: Insurers continue to protect their portfolios by reducing limits afforded any one account. Rates continue to see upward pressure. • Public Officials & Employment Practices: The marketplace continues to see nominal rate increases with some carriers implementing new restriction. Federal claims continue to drive many of the losses in these coverages. Staffing levels concern underwriters. Escalating jury awards, social inflation, third party litigation funding as well as changes to tort protections are all impacting line adversely • Excess Workers Compensation: No new insurers entering this market segment. As rates have risen, a little more competition amongst the few players in this space. While claims frequencies continue declining, catastrophic claims continue to grow at unprecedented rates, primarily driven by increased medical costs and enhanced medical technologies. There continues to be pressure on retentions, especially for Police & Fire. • Cyber: Overall, cyber market is competitive. After years of rate and deductible increases driven by insurers creating a more sustainable environment, recent years have seen positive marketing results with improved terms and conditions. Note: These general market observations are provided as a high-level guide for overall expectations, but actual results are highly dependent on individual account performance and historical profitability with insurers. 6 Existing Program Structure 7 Property Program Insurer Participation Primary $25m London AXA 44% Primary $25m London Ark 6% Primary $25m Core 8% Primary $25m Swiss Re 7% Primary $10m Beazley 25% $25m xs $50m AOP Only Intact 100% Primary $50m Lexington 10% $25m xs $25m London Ark 3% $25m xs $25m Markel 16% $25m xs $25m WRB 16% $25m xs $25m Mitsui (New) 20% $25m xs $25m Lancashire 10% $40m xs $10m SRU 25% 8 9 10 Year Historical Property Rates Policy Year 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Property Rate $0.4065 $0.4419 $0.4768 $0.5527 $0.563 $0.637 $0.809 $0.7192 $0.6005 $0.4706 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Rate per $100 of Property Coverage 10 Exposure Summary Exposures 2025-2026 2026-2027 % Change TIV $345,555,072 $363,566,051 5.2% Gross Operating Expenditures $279,060,000 $308,019,000 10.4% Payroll $89,068,252 $105,288,856 18.2% Number of Employees (FT & PT & Seasonal) 1,023 1,067 4.3% Armed Officers 210 210 0% Number of Autos 698 737 5.6% Population 49,353 49,353 0% Sports Program number of participants 16,896 14,522 -14.1% Schedule of Values 2025-2026 2026-2027 Submission % Change 2026-2027 Revised 3/25/2026 % Change Building $286,408,101 $299,358,581 4.52% $300,468,280 4.91% Contents $14,298,322 $14,736,989 3.07% $15,281,850 6.88% Vehicles $18,436,967 $18,436,967 0% $18,436,967 0% Golf Carts $179,433 $179,433 0% $179,433 0% BI $5,285,000 $5,285,000 0% $5,285,000 0% EDP $14,000,000 $14,000,000 0% $14,000,000 0% EDP EE $2,000,000 $2,000,000 0% $2,000,000 0% Account Receivable $1,000,000 $1,000,000 0% $1,000,000 0% Fine Arts $3,447,249 $6,414,521 86% $6,414,521 86% Valuable Papers $500,000 $500,000 0% $500,000 0% Pump Stations Included Included N/A Included N/A Fountains Included Included N/A Included N/A Seawalls & Docks (Values Included Above) $3,904,250 $3,520,150 -10% $3,520,150 -10% Total $345,555,072 $361,911,491 4.73% $363,566,051 5.21% 11 Marketing Summary Property Allied World Assurance Co. Declined Amwins Bermuda Declined Amwins Re Declined Arch Insurance Group Did not provide Quote Arris Property Underwriters Did not provide Quote Aspen Quoted Aurenity Declined AXIS Insurance Did not provide Quote Balance Partners, LLC Declined Beazley USA Quoted Berkshire Hathaway Declined Canopius Could not Compete CNA Did not provide Quote Coaction Specialty Did not provide Quote Core Specialty Did not provide Quote Crum & Forster Declined Dellwood Insurance Group Did not provide Quote Dual North America Declined Eagle Provided Indication Eirion Risk Underwriters, LLC Did not provide Quote Everest Could not Compete General Star Declined Great American Could not Compete Helix Underwriting Partners Declined Hudson Could not Compete Intact Quoted Ironshore Did not provide Quote James River Did not provide Quote Jupiter Risk Services, LLC Did not provide Quote Kemah Could not Compete Kinsale Insurance Company Did not provide Quote Lancashire Quoted Lexington Insurance Company Quoted Lloyd’s of London – ARK Quoted Lloyd’s of London – AXA Quoted Lloyd’s of London – Blenheim Quoted Lloyd’s of London – Brit Quoted Lloyd’s of London – Convex Quoted Lloyd’s of London – GIC Quoted Lloyd’s of London - InsurX Quoted Lloyd’s of London - Ki Quoted Markel Quoted Mitsui Sumitomo Insurance Provided Indication 12 Property Munich Re America Did not provide Quote Navigators Group Declined Old Republic Declined by Market - Appetite Paragon Insurance Holdings Did not provide Quote QBE North America Did not provide Quote RLI Insurance Company Declined RSUI Did not Provide Quote SCOR Reinsurance Company Declined Seneca Insurance Declined Sigma Underwriting Managers Declined by Market - Appetite Skyward Specialty Declined - appetite Sompo Quoted SRU Quoted Starr Did not Provide Quote Swiss Re Quoted Tango-V3 Insurance Partners Declined Travelers Companies, Inc. Declined by Market - Appetite Trium Quoted Velocity Risk Underwriters, LLC Did not provide Quote Ventus Risk Management, Inc. Declined VIKCO Insurance Services Declined Waypoint (AmRisc) Did not provide Quote Westchester, A Chubb Company Did not provide Quote WKF&C Underwriting Managers Declined WRB Quoted Zurich North America Did not provide Quote Public Entity Package Berkley Quoted Metis (Obsidian) Indication Ambridge (Brit) Declined - unable to compete on pricing Safety National Declined – unable to compete on pricing Old Republic Pending Excess Workers Compensation Arch Quoted – 2-year rate guarantee Chubb Declined - $200K Minimum Premium Safety National Quoted Midwest Employers Casualty Unable to compete on terms Ascot Declined – excludes police and fire Equipment Breakdown Travelers Quoted XL Not Competitive HSB Not Competitive 13 Statutory Accidental Death and Dismemberment – Police and Fire Hartford 2 Year Term – Annual Installment Business Travel Hartford 2 Year Term – Annual Installment Bonds (Finance Director) Hartford Quoted (Golf & Country Club) Hartford Quoted (War Memorial Youth Center Health Studio) Hartford Quoted Pollution/Environmental Liability Hanover Pre-Paid 2025-2027 Crime Hanover Quoted Travelers Declined - Not competitive on Price Westchester Declined - Not competitive on Price Old Republic Declined - Not competitive on Price Intact Declined - Not competitive on Price Hiscox Declined - Not competitive on Price Great American Declined - Not competitive on Price Berkley Declined - Not competitive on Price Sports Accident / Accidental Death and Dismemberment Zurich Quoted Special Risk Liability Trium (Lloyds) Quoted AIG Declined - nature Ambridge Declined - nature Amtrust Declined - nature Ascot Declined - nature At-bay Declined - nature AWAC Declined - nature Beazley Declined - nature Bowhead Declined - nature C&F Declined - nature CNA Declined - nature Canopius $2M/$50k for $50,000 CFC Decline - nature Coalition Decline - nature Converge $2M/$50k for $48,000 Corvus Declined - nature Elpha Declined - nature Erisk Declined - nature Falcon Declined - nature GAIG Declined - nature HSB Declined - nature 14 Special Risk Liability Ironshore Declined - nature Markel Declined - nature Mosaic Declined - nature Munich Not able to compete Nexus Declined - nature Resilience Declined - nature Sompo Declined - nature TMHCC Declined - nature Westchester Not able to compete Westfield Declined - nature Terrorism Property & Liability & Deadly Weapon Protection Lloyd’s of London/McGowan Quoted Terrorism Lloyd’s of London/McGowan Quoted Deadly Weapon Lloyd’s of London (AJG UK) Indication Terrorism Lloyd’s of London (AJG UK) Indication Deadly Weapon Flood Voyager Quoted Fine Arts Lloyd’s of London Indication 15 2026 Insurance Renewal Marketing Highlights • More than 125 insurers/programs approached on your behalf • Leveraged strong relationships and market capacity to secure the best pricing and coverage available in current market conditions Results • More than 25 provided quotes/indications for various lines and layers of coverage • Achieved great overall results, with competitive options received across various lines of coverage • Successfully reduced rates across the majority of programs, delivering significant cost savings • Secured a 21.6% rate decrease for the city-wide property program • Increased limit for Special Risk Liability • Added a Fine Arts Policy • Achieved overall premium savings of 11% for the City’s 2026 Property and Casualty Renewal 16 Insurance Premiums Policy Type Carrier 2025-2026 Program 2026-2027 Advisory Board Presentation 2026-2027 Advisory Board Recommended Change % Comments Property Various $2,048,000 $1,677,984 $1,677,984 -18.1% Rate Decreased 21.8% Awaiting revision based on updated TIV Excess AOP only $25M xs $50M Various $27,000 $25,000 $25,000 -7.4% Rate Decreased 11.6% Awaiting revision based on updated TIV Property Subtotal $2,075,000 $1,702,984 $1,702,984 -17.9% Blended Rate Decrease 21.6% (Est. Increase Less than $10,000 for revised TIV) Package Berkley $617,000 $651,000 $617,000 0.0% GOE 10.4% Increase | Payroll Increase 18.2% Vehicles Increased 5.6% Excess WC Arch $151,416 $175,411 $175,411 15.8% Payroll increased 18.2% Considered Option Equipment Breakdown Travelers $13,995 $15,340 $15,340 9.6% Awaiting revision based on updated TIV ADD Police and Fire Hartford $12,713 $12,713 $12,713 0.0% 2-year term, annual installments Business Travel Hartford $750 $750 $750 0.0% 2-year term, annual installments Accident Sports Zurich $9,780 $9,294 $9,294 -5.0% Decrease due to reduction in participants Diana Gomez Bond Hartford $1,138 $1,138 $1,138 0.0% Flat Renewal Golf and Country Club Health Studio Bond Hartford $250 $250 $250 0.0% Flat Renewal War Memorial Youth Center Health Studio Bond Hartford $250 $250 $250 0.0% Flat Renewal Crime Hanover $8,482 $8,640 $8,640 1.9% Slight increase Primarily due to increase in employees Pollution Liability Ascot $37,810 N/A N/A N/A 2-year term, prepaid in 2025, includes TRIA Special Risk Liability Trium $45,000 $45,000 $65,250 45.0% Board recommended increasing limit to $3m Terrorism Property & Liability McGowan $20,665 $21,593 $21,593 4.5% Awaiting revision based on updated TIV Deadly Weapon Protection McGowan $10,886 $10,886 $10,886 0.00% Awaiting revision based on updated TIV Flood Voyager $135,450 $135,450 $135,450 0.00% Covers 23 Properties Fine Arts $19,000 $14,000 N/A New Policy Est. Assessments & Fees $548 $1,000 $1,000 TBD Estimated TBD Broker Fee $90,000 $84,150 $84,150 -6.5% Total Cost of Program $3,231,133 $2,894,849 $2,877,099 -11.0% 17 Renewal Results Property • Negotiated Competitive Renewal • Rate Decreased 21.64% • Premium Decreased 17.9% - Based on original submission – awaiting revision. Est. Increase Less than $10,000 for revised TIV • Commercial property insurance rates stabilizing across the country as more carriers are coming into the property space. Exposures and Terms 2025 2026 Change % Total Insured Value $345,555,072 $361,911,491 Revised to $363,566,051 4.7% 5.2% Deductible $100,000 AOP $100,000 AOP Valuation Blanket – except $25M xs $50M: 115% margin clause Blanket – except $25M xs $50M: 115% margin clause Layers and Premiums Property Primary $50M All Perils $2,048,000 $1,677,984 -18.1% Excess Property AOP Only $25M xs $50M $27,000 $25,000 -7.4% Total Premium Based on Original TIV $2,130,000 $1,702,984 -17.9% Rate $0.6005 $0.4706 -21.64% Option Blanket Coverage: Excess Property AOP Only $25M xs $50M N/A Additional $10,000 Deductibles: • $100,000 Per Occurrence, All Perils. Except as noted below: • $100,000 Per Occurrence, except excess maximum National Flood Insurance Plan (NFIP) limit available, whether purchased or not as respects Locations wholly or partially within Special Flood Hazard Areas (SFHA), areas of 100- year flooding, any flood zone with prefix A or V • $100,000 Per Occurrence All Other Windstorm or Hail except; 5% of Total Insured Values affected per Unit of Insurance, subject to a minimum of $250,000 per occurrence • $100,000 Per Occurrence Automobile Physical Damage Comprehensive & Collision. Valuation: Actual cash value. • 72 Hours -Time Element 18 Property RMS WS1 – Wind and Storm including Loss Amplification Critical Probability Return Period Ground Up Gross Loss (after deductible) 0.10% 1,000 $74,490,491 $68,817,278 0.20% 500 $53,698,894 $48,865,489 0.40% 250 $37,258,657 $32,889,669 1.00% 100 $20,511,695 $16,602,386 AAL $816,524 $612,192 AIR WS1 – Wind and Storm including Loss Amplification Critical Probability Return Period Ground Up Gross Loss (after deductible) 0.10% 1,000 $85,999,538 $73,960,550 0.20% 500 $61,897,106 $51,737,397 0.40% 250 $47,147,604 $37,813,923 1.00% 100 $26,126,060 $19,356,064 AAL $1,183,497 $849,581 19 Package • Gross Operating Exposure Increased 10.4% • Payroll Increased 18.2% • Berkley Premium Originally Increased 5.5% - Agreed to Flat Renewal • Overall loss cost trends continue to increase due to social and standard inflation trends. • Obsidian/METIS provided option – Relatively new Insurer to this space • Other Insurers either declined or could not compete 2025-2026 Gemini Insurance Co (Berkley) 2026-2027 Gemini Insurance Co (Berkley) Recommended by Board 2026-2027 Obsidian Specialty (METIS) Liability Limit $4,650,000 $4,650,000 $4,650,000 Retention (SIR) $350,000 $350,000 $350,000 Premium excluding TRIA $617,000 $617,000 $525,000 Year over Year Premium 5.5% -14.9% 20 Excess Workers’ Compensation • Currently in a two-year rate guarantee with a cap of a 2.5% rate increase with Arch. • After negotiating we were able to secure rate decrease by 2% • Payroll increased 18.2% • Safety National provided a quote as well including an option for a two year policy with annual installments 2025 Arch Insurance Company 2026 Arch Insurance Company Recommended by Board 2026 Safety National Payroll $89,068,252 $105,288,856 $105,288,856 Workers Comp Limit Statutory Statutory Statutory Employers Liability Limit $1,000,000 $1,000,000 $1,000,000 Retention $1,000,000 $1,000,000 $1,000,000 Rate $0.1700 $0.1666 $0.1615 Premium $151,416 $175,411 $170,042 Year Over Year Rate -2.0% -5.0% Year Over Year Premium 15.8% 12.3% Special Risk Liability • Trium has offered the renewal quotes with options to increase policy limits. 2025-2026 Trium 2026-2027 Trium $2m 2026-2027 Trium $2.5m 2026-2027 Trium $3m Recommended by Board 2026-2027 Trium $5m Policy Aggregate Limit $2,000,000 $2,000,000 $2,500,000 $3,000,000 $5,000,000 Retention (SIR) $50,000 $50,000 $50,000 $50,000 $50,000 Premium $45,000 $45,000 $55,126 $65,250 $100,750 21 Flood 2025-2026 Voyager 2026-2027 Voyager Covered Properties 23 23 Limit Per Schedule Per Schedule Premium $135,450 $135,450 Buildings under Flood Policy Building Name Address Building Coverage Content Coverage Deducible Building and Contents City Hall Annex 405 Biltmore Way $317,000 $5,600 $25,000/$1,000 City Hall 405 Biltmore Way $1,000,000 $500,000 $25,000/$25,000 Club House 2001 Granada Blvd $689,000 $54,000 $25,000/$25,000 Girl Scout Hut 3940 Granada Blvd $85,000 $5,000 $25,000/$1,000 Guard House 39 E Sunrise Ave $51,000 $0 $25,000/N/A Guard House 600 Casuarina Concourse $228,900 $42,200 $25,000/$25,000 Guard House 701-705 Campana Ave $147,200 $11,900 $25,000/$10,000 Guard House 750 Solano Prado $51,000 $0 $25,000/$0 Historic Clubhouse 997 N Greenway Dr $1,000,000 $500,000 $25,000/$25,000 Main Building 2701 De Soto Blvd $1,000,000 $33,500 $25,000/$25,000 Miracle Theater 280 Miracle Mile $1,000,000 $0 $25,000/$0 Office Building 2506 Ponce De Leon Blvd $1,000,000 $56,900 $25,000/$25,000 Office Building 427 Biltmore Way $1,000,000 $409,000 $25,000/$25,000 Sewer Pump Station 1590 Campamento Ave $500,000 $0 $25,000/$0 Sewer Pump Station 7557 Los Pinos Blvd $500,000 $0 $25,000/$0 Sewer Pump Station 803 S Greenway Dr $500,000 $0 $25,000/$0 Stormwater Pump Station 3940 Granada Blvd $500,000 $0 $25,000/$0 Tennis Pro Shop 1007 S Greenway Dr $144,400 $2,000 $25,000/$1,000 Sewer Pump Station 25 W Sunrise Ave $500,000 $0 $25,000/$0 Trolley Building & Station 515 S Dixie Hwy $1,000,000 $130,000 $25,000/$25,000 Venetian Pool Filter Bldg 2701 De Soto Blvd $184,900 $0 $25,000/$0 Restroom Building 90 Menores Ave $105,000 $0 $25,000/$0 Fire Station #2 525 S Dixie Hwy $1,000,000 $335,000 $25,000/$25,000 22 Bonds • We have received the renewal letters for three Hartford bonds. • Premium is the same as last year. Bond Name 2025 Annual Premium 2026 Annual Premium Finance Director – Diana M Gomez $1,138 $1,138 Golf and Country Club Health Studio $250 $250 War Memorial Youth Center Health Studio $250 $250 Statutory Accidental Death and Dismemberment Police and Fire and Business Travel • Policies below will be in their 2nd year of the 2-year term Policy Type 2023-2025 Annual Premium 2025-2027 Annual Premium Change % Notes ADD Police and Fire $12,053 $12,713 5.5% 2 Year Annual Installments Business Travel $750 $750 0% 2 Year Annual Installments Sports Accident / Accidental Death and Dismemberment • Zurich offered a competitive renewal. • Premium has decreased due to a -14.1% decrease in participants. 2025 2026 Change % Medical Expense Limit $100,000 $100,000 Deductible $250 $250 Premium $9,780 $9,294 -5.0% Equipment Breakdown • Travelers has flat renewal rate. Below is based on original TIV. 2025 2026 Change % Total Limit of Liability $250,000,000 $250,000,000 Deductible $1,000 $1,000 Premium $13,856 $15,188 9.6% State Surcharges $139 $152 9.4% 23 Crime • Hanover provided renewal. Premium and surcharges have increased by 1.9%. • Option for 3-Year term with Hanover at $8,640 annually 2025-2026 Hanover 2026-2027 Hanover Limit $5,000,000 $5,000,000 Retention (SIR) $50,000 $50,000 Premium $8,398 $8,554 Surcharges $84 $86 Pollution Liability • Two Year Prepaid with Ascot. 2025-2027 Ascot Policy Aggregate Limit $4,000,000 Legal Expense Not Included Covered Location Pollution Liability $2,000,000 Emergency and Crisis Management Costs $2,000,000 Contingent Transportation Included under Covered Location Non-Owned Disposal Site Included under Covered Location Pollution Liability Business Income and Extra Expense $2,000,000 Retention (SIR) $25,000 Waiting Period (Income and Extra Expense) 72 Hour Mold Excluded Retro Date N/A- pre-existing conditions are covered Locations covered All locations on SOV Policy Term 2 Year- Prepaid Premium $38,535 TRIA $1,160 24 Terrorism and Workplace Violence Protection • McGowan offered the renewal for this term based on the expiring terms. • Terrorism Property & Liability premium increase is 4.5% due to increase in values insured. Awaiting revised quote based on updated values. • McGowan offered flat premium renewal for the Workplace Violence policy. • We have also received Non-binding indications from Lloyd’s of London through AJG UK. Awaiting revised quote based on updated values. Workplace Violence coverage excludes any jail houses, courthouses or residential assets (none currently on schedule) • Other markets were approached, but no quotes received. 2025 McGowan 2026 McGowan Change % 2026 AJG UK Indication 2026 AJG UK Indication Terrorism Property & Liability Values Insured $345,607,823 $361,911,491 $361,911,491 Policy Aggregate Limit of Liability $100,000,000 $100,000,000 $361,911,491 $100,000,000 Liability Limit $25,000,000 $25,000,000 $1,000,000 $1,000,000 Premium excluding any fees $20,665 $21,593 4.5% $41,300 $14,300 Workplace Violence Policy Aggregate Limit of Liability $1,000,000 $1,000,000 $1,000,000 Policy Deductible $2,500 $2,500 $10,000 Premium excluding any fees $10,886 $10,866 0% $10,000 25 Fine Arts • Recommend stand-alone Fine Arts policy for scheduled works of art throughout the City 2026 New Policy Insurer Lloyd’s of London Fine Art Covered Per Schedule on File Sum Insured: $7,000,000 Deductible: $1,000 except $5,000 malicious damage and/or vandalism in respect of items on display outside $25,000 each and every loss in respect of windstorm and storm driven rain No Claims Bonus: 10% No Claims Bonus subject to renewal with expiring Underwriters Premium $14,000 plus $1,400 TRIA Title Year Description Location Value Comment Passion/Passiflora Incarnation, site A 2016 Powder-coated Steel and Aluminum in concrete pool Segovia Street and Biltmore Way $1,040,000 $ are not an even split between the 2, should read as one piece Passion/Passiflora Incarnation, site B 2016 Powder-coated Steel and Aluminum Segovia Street and Coral Way see above $ are not an even split between the 2, should read as one piece Will o' the Wisp 1980 55” x 102” x 80” Painted Steel In storage at the City Warehouse at 2800 SW 72nd Ave Miami Fl $15,000 The Most Beautiful, the Most Good 1984 85” x 89” x 44” Painted Steel In storage at the City Warehouse at 2800 SW 72nd Ave Miami Fl $10,000 The Prince 1984 92” x 54” x 36” Painted Steel In storage at the City Warehouse at 2800 SW 72nd Ave Miami Fl $18,000 Louie had to Leave the Rigging Guage. The Years Made him Stop Climbing 1980 50” x 77” Painted Steel Ingraham Park, 4751 West Ingraham Terrace - to be removed for restoration $25,000 They were the Words of a Dear Friend, Life is a Treasure 1984 99” x 57” x 30” Painted Steel Ingraham Park, 4751 West Ingraham Terrace - to be removed for restoration $40,000 She Provides, Clean, Clean Windows; Such is her Nature 1984 94” x 40” x 27” Painted Steel Ingraham Park, 4751 West Ingraham Terrace - to be removed for restoration $35,000 Tuxedo 1981 60” x 106” x 56” Painted Steel Pittman Park, 115 Merrick Way $15,000 Firemen and Who They Save 1939 Oolitic rock Historic Public Safety Building, 2327 Salzedo Street value undetermined Over $50k to reproduce Four Horses (aka Fountain of Youth) Italian marble with concrete pool Ponce de Leon Park, 1201 Ponce de Leon Blvd. value undetermined Over $50k to reproduce Bust of Juan Ponce de Leon 1975 Metal Ponce de Leon Park, 1201 Ponce de Leon Blvd. value undetermined Under $50k to replace Old Shoes 1976 Cast Concrete with accompanying cast resin plaque Cartgena Plaza $50,004 26 Title Year Description Location Value Comment Jose Marti 1997 Bronze bust with marble and granite base Freedom Plaza value undetermined Over $50k to reproduce La Granada (Pomegranate) 2005 Marble Granada Park value undetermined Over $50k to reproduce George Merrick 2005 Bronze Coral Gables City Hall, 405 Biltmore Way value undetermined Over $50k to reproduce Mrs.Althea Merrick 2005 Bronze Coral Gables Merrick House, 907 Coral Way value undetermined Over $50k to reproduce REgeneration (Art Snail) 2010 Plastic Coral Gables War Memorial Youth Center, 405 University Drive value undetermined Under $50k to replace Spinnaker 2015 Steel Painted Red Road and Lugo Avenue value undetermined Under $50k to replace Vessel 2004 Marble Cartagena Plaza $22,000 Quadruped #2 2011 David Hayes, Steel, painted In storage at the City Warehouse at 2800 SW 72nd Ave Miami Fl $25,000 Venetian Posts 2018 12 fiberglass painted posts 9 at the Venetian Pool & Youth Center / $3,000 each 3 are at the Museum $27,000 Midsummer Night's Dream 2018 R & R Studios, Oolitic veneer & oversize lamps Balboa Plaza $118,245 Corral Carpet 2021 Terrazo Balboa Plaza $121,672 Coral Forest 2018 Sibylle Pasch, Carrara Marble Giralda Plaza $200,000 Secrets of the Sea 2018 Sibylle Pasch, Carrara Marble Giralda Plaza $100,000 The Truth is I Welcome You 2018 Hank Willis Thomas, 22 aluminum artwork signs Miracle Mile $200,000 Multiple Titles 2018 Hank Willis Thomas, 4 artwork benches, painted steel Miracle Mile, Jaycee Park, $200,000 Pause 2019 Rafael Barrios, Steel, Painted Le Juene Road & Alhambra Circle $165,000 Marine Painting C. 1926, restored 1993 27' x 139' Oil on Masonite City Hall Stairwell Included in the historical valuation Under $50k to restore Four Seasons 1927 Mural- gilt and multi colored City Hall Cupola Included in the historical valuation Under $50k to restore Concepto I 2000-2019 Zilia Sandez, painted bronze 427 Biltmore Way, Garden Paseo $480,000 Under $50k to restore, easy to fix any dents Eternal Vigilance 2024 RE:site (Shane Allbritton & Norman Lee), Glass, Steel, Granite Police and Fire Headquarters at 2151 Salzedo St. $525,000 Whispering Through a Stone 2025 Janine Antoni, granite 330 Miracle Mile / Coral Way $307,000 Under $50k to restore Puffed and Inverted Star II 2017 Frank Stella, aluminum 2800 SW 72nd Ave Miami Fl. Will be moved to storage $2,000,000 Piece is planned for installation in Ponce Circle Park. Planting Pollinators 2025 Xavier Cortada, ceramic tile and concrete Coral Gables Branch Library, butterfly garden at: 3443 Segovia St. $62,600 Under $50k to restore Le Couple 1991 Agustin Cardenas, Carrera marble currently in storage with gallery $420,000 Under $50k to restore Mars 2017 Julio Larrz, bronze PENDING In production / to be installed at: Aragon Ave. and Merrick Way needs appraisal Under $50k to restore Secrets That The Wind Carries Away 2026 Morel Doucet, bronze PENDING In production / to be installed at: Merrick Park $500,000 Under $50k to restore