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CBRE - LDS
Risk Adjusted Insurance Limits

Risk Tier
 General Liability
Occurrence/Aggregate		 Auto
Liability		 Workers'
Comp		 Employers'
Liability
ALL $1M / $2M $1M Statutory $500K

Additional Insurance Requirements

  1. THE LIMITS REQUIRED MAY BE SATISFIED BY ANY COMBINATION OF PRIMARY AND EXCESS COVERAGE.
Limits listed are minimum requirements. If there is a unique risk or exposure inherent to the supplier’s operations, a specific risk assessment should be completed to determine appropriate limits.

Required Endorsements

  • Additional Insured Endorsements. All certificates of insurance provided under this Agreement shall include copies ofendorsements to Service Provider’s commercial general liability and automobile policies that include “CBRE, Inc., CBRE Managed Services Inc, and their applicable clients” as additional insured(s) on appropriate ISO ongoing and products/completed operations forms or equivalent form of Blanket Additional Insured Endorsement, covering theadditional insureds for liability arising from all operations and completed operations of Service Provider.
  • In lieu of “CBRE, Inc., CBRE Managed Services Inc, and their applicable clients,” insurers may opt to include one of the following alternate language options:
    1. CBRE Inc, CBRE Managed Services Inc, and all applicable clients
    2. CBRE Inc, CBRE Managed Services Inc, and their applicable clients per written contract or agreement
    3. CBRE Inc, CBRE Managed Services Inc, and its client as required by a written contract to include as Additional Insureds
    4. Any person or organization as required per written contract or agreement
  • ISO Ongoing Operations Endorsement
    (CG 20 10 11 85)
  • ISO Products/Completed Operations Endorsements
    (CG 20 10 07 04) AND (CG 20 10 37 04)

Additional Requirements

  • The Description of Operations (“Additional Insured”) language shall be:
    "CBRE, Inc., CBRE Managed Services Inc., and their applicable clients are included as Additional Insureds on the General Liability, provided on the CG2010 0704 and CG2037 0704 or their equivalent endorsements and Automobile Liability policies with a Waiver of Subrogation under the General Liability, Automobile Liability and Workers Compensation Policies. Such policies are primary and non-contributory as respects to any other insurance available to the Additional Insureds."
  • License/Rating. All insurance policies shall be in customary forms and shall be issued by companies authorized to do business in the states where the Services are performed and rated “A-,” FSC Class VIII or better by the most current A. M. Best’s Insurance Reports.
  • Notice of Cancellation. CBRE shall, be given not less than thirty (30) days’ notice prior to the cancellation of any insurance required by this Agreement for other than non-payment of premiums. CBRE shall be given at least ten (10) days’ notice prior to cancellation of any required insurance for non-payment of premium.
  • Service Provider Insurance Primary. Service Provider’s insurance shall be deemed primary with respect to coverage extended to the additional insureds, whose insurance shall be excess and non- contributory with that required of Service Provider hereunder.
  • Waiver of Subrogation. To the fullest extent permitted by law, all insurance policies shall contain provisions that the insurance companies waive the rights of recovery or subrogation against “CBRE, Inc., CBRE Managed Services, Inc. and their applicable clients”* or one of the alternate language options shown above in item #3.
  • Insurer must have a AM Best rating of A- and FSC Class of VII or better.