Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Bind The Renewal Of Medical Professional Liability For A Not To Exceed Amount Of $35,200.00.
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. On April 17, 2013, through RFP 4344-13-IS and Resolution R-2013-086, the City designated as its broker of record, Arthur J. Gallagher Risk Management Services.
The City seeks to renew the insurance policy for medical professional liability expiring in July 2017. The aforementioned lines of coverage are currently being marketed by Arthur J. Gallagher under the general terms and conditions of the expiring policies. The premiums are not expected to exceed $35,200.00 and have been identified and are available in the Fiscal Year 2017 Budget in the City’s Self Insurance Fund (Fund 58).
Recommended for inclusion on the agenda by:
Dr. Wazir A Ishmael, City Manager
George R Keller, Assistant City Manager, Finance/Administration
Tammie L Hechler, Director, Human Resources