TO: Mayor and Commissioners
FROM: Theresa Webb, Chief Purchasing Officer
THROUGH: Donald B. Cooper, City Manager
DATE: September 20, 2016
Title
AWARD OF AN AGREEMENT TO EMPLOYER MUTUAL d/b/a ASCENSION BENEFITS & INSURANCE SOLUTIONS FOR PROPERTY AND CASUALTY INSURANCE BROKER SERVICES
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Recommended Action:
Recommendation
Motion to award an Agreement to Employers Mutual d/b/a Ascension Benfits & Insurance Solutions for Property and Casualty Insurance Broker Services in a not-to-exceed annual amount of $40,000.
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Background:
On July 26, 2016 a Request for Proposals No. 2016-129 was advertised for Property and Casualty Insurance Broker Services. The firm will solicit property and casualty insurance proposals and negotiate costs on behalf of the City. Three proposals were received from Employers Mutual dba Ascension Benefits & Insurance Solutions, The Gehring Group, and Arthur J. Gallagher Risk Management Services, Inc. and evaluated based upon the criteria in the RFP. The selection committee final ranking is as follows:
Rank Firm Score
1 Employers Mutual d/b/a Ascension Benfits & Insurance Solutions 76.6
2 The Gehring Group 54.9
3 Arthur J. Gallagher Risk Management Services, Inc. 46.3
City Attorney Review:
Approved as to legal form and sufficiency.
Finance Department Review:
Finance recommends approval.
Funding Source:
Funding is available from 551-1575-591-45.90
Timing of Request:
The current contract expires September 30, 2016.