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<br />Pursuant to its contract with PGIT, PGCS receives a claims administration fee for those <br />accounts which PGCS services of up to 5% of the non-property portion of the premiums you pay <br />to PGIT. <br /> <br />PGIT also utilizes wholesale insurance brokers, some of which (such as Peachtree Special Risk <br />Brokers and MacDuff Underwriters) are owned by Brown & Brown, Inc., for the placement of <br />PGIT's insurance policies, and. for individual risk placements for some PGIT members (excess <br />and surplus lines, professional liability coverage, etc.) The wholesale insurance broker may <br />provide the following services: <br /> <br />. Risk Placement <br />. Coverage review <br />. Claims Liaison with Insurance Company <br />. Policy Review <br />. Current Market Intelligence <br /> <br />The wholesale insurance broker's compensation is derived from your premium, and is largely <br />dictated by the insurance company. It typically ranges between 10% and 17% of the premiums <br />you pay to PGIT for your coverage. Some wholesale brokers used by Brown to place your <br />coverage may also act as Managing General Agents for various insurance companies, and may <br />be compensated directly by those insurance companies for their services in placing and <br />maintaining coverage with those particular companies. <br /> <br />The wholesale insurance brokerage utilized in the placement of your property insurance was <br />Peachtree Special Risk Brokers, which is a company owned by Brown & Brown, Inc. <br />Furthermore, any professional liability coverage afforded by the package of insurance you <br />purchased was acquired through Brown & Brown Public Entity Services (BBPES), which is also <br />a company affiliated with Brown & Brown, Inc. <br /> <br />Wholesale Broker/Manaqinq General Aqent: Peachtree Special Risk Brokers <br /> <br />This intermediary is owned in whole or part by Brown & Brown, Inc., the parent company of <br />Brown & Brown of Florida Inc. Brown & Brown entities operate independently and are not <br />required to utilize other companies owned by Brown & Brown, Inc., but routinely do so. In <br />addition to providing access to the insurance company, the Wholesale Insurance <br />Broker/Managing General Agent may provide additional services including, but not limited to: <br />underwriting; loss control; risk placement; coverage review; claims coordination with insurance <br />company; and policy issuance. Compensation paid for those services may be up to 15 % of the <br />premium you pay for coverage, and any compensation paid for those services is derived from <br />your premium payment. <br /> <br />26 <br />Brown & Brown of Florida, Inc. <br />