TO: Mayor and Commission AGENDA DATE: 9/16/2024
FROM: City Manager AGENDA ITEM: 10 - C
SUBJECT:
Title
Request for approval of award of RFP# 24027 for Property & Casualty Insurance.
Strategic Goal: Effective Governance and Productive Government
Body
LOCATION:
Citywide
COST:
$1,673,468
SOURCE OF FUNDS:
General Fund, Stormwater Fund, and Enterprise Fund
ORIGINATING DEPARTMENT:
Human Resources Department
POTENTIAL MOTION:
Recommendation
“I move to approve the award of RFP #24027 Property Casualty Insurance to Acentria Public Risk at a total cost of $1,673,468 for fiscal year 2024/2025.”
END
BACKGROUND:
Background
Staff solicited proposals from firms to provide Property Casualty Insurance for the
City and three responses were received. Proposals were completely reviewed and scored by the selection committee members below:
• Floris Johnson - Human Resources Director
• Marsha Segal-George - City Attorney
• Lyne Koerick - Human Resources Manager
• Ben Few & Associates - Insurance Consultant
The selection Committee then met to discuss their scoring and came to a consensus on
recommending the award to Acentria Public Risk at a total cost of $1,673,468. This will be a savings of 18% to the City based on last year's cost.
End