PURMIT Board of Trustees Meeting Notice – January 24th, 2022

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The Public Universities Risk Management and Insurance Trust (“PURMIT”) will hold a regular meeting at 9:00 A.M. Pacific Dial in information:  1-408-418-9388 Meeting Number:  179 058 8213, on January 24th, 2022. PURMIT will also hold an executive session immediately following the regular meeting agenda items on January 24th, 2021. The session will address potential and/or current litigation. The executive session is being held pursuant to 192.660(2)(f). The meeting location is accessible to persons with disabilities. A request for an interpreter for the hearing impaired or for other accommodations for persons with disabilities should be made at least 48 hours before the meeting to William Phomtalikhith at 651-756-9588. Dial in information: 1-408-418-9388 Meeting Number: 179 058 8213

PURMIT Board of Trustees Meeting Agenda

  1. Call to Order
  2. Review and Approval of Meeting Minutes from October 19th
  3. Auditor Report
  4. Financial Review
  5. Administrator Update
    1. New team member introduction
    2. Renewal Timeline with Risk Council
  6. Broker Update
    1. Market Update
    2. Update on Property Loss Control inspections and Replacement Cost Valuations
    3. Mid-year value and premium adjustments
    4. XS Liability Update
    5. BMS Agreement
    6. Parametric Coverage
    7. London Visit
  7. Legal Items
    1. B&B Contract Renewal
    2. PUF Agreement
  8. Executive Session
    1. Actuarial Report
    2. Claim/Litigation Update
    3. Claims Reporting
    4. Employment Claims
    5. Process Review
  9. Next Board Meeting Date
  10. Adjournment