Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Bind The Policies For Excess Workers’ Compensation Insurance, General Liability, Auto Liability, Statutory Accidental Death And Dismemberment Insurance, Crime Insurance, Cyber Liability, And Flood Insurance For A Not To Exceed Amount Of $640,366.00 For Which Quotes Were Solicited By Arthur J. Gallagher Risk Management Services.
Body
Staff Recommends: Approval of the attached Resolution
Explanation:
The City desires to protect its assets through the purchase of various insurance products. In accordance with the City’s Purchasing Ordinance, Section 38.40(C)(9), purchases of insurance through the City’s “Agent of Record” are exempt from the competitive bid and competitive proposal requirements. Utilizing RFP 4344-13-IS and Resolution R-2013-086, the City designated as its broker of record, Arthur J. Gallagher Risk Management Services. Arthur J. Gallagher Risk Management Services solicited and/or obtained quotes from different carriers for the various types of coverage on behalf of the City. The total renewal costs are an estimated decrease of $112,894.00 from the costs of fiscal year 2016.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, Ph.D., City Manager
George R. Keller, Assistant City Manager for Finance & Administration/Interim Director of Financial Services Department
Tammie L. Hechler, Director of Human Resources/Interim Director of Labor Relations