Agenda Item Name:
Title
Approval of FY21 Insurance Renewal Quotes
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Presenter:
John Carnell
Description:
These are the quotes for renewal of Property, Liability, Excess Workers Compensation, Firefighters Accidental Death and Dismemberment and Cancer Coverage, and Cyber Liability. The quote for Medical Stop Loss is also included along with approval for the POR covering Medical Stop Loss
Recommended Action:
Recommended Action
Approve and let the Risk manager bind coverage. Approve the issuance of Purchase Order 2021-137, to Stop Loss Insurance Services, Inc., in the amount of $1,000,000.00 for Brokerage Services.
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Prior Board Motions:
Approved
Fiscal Consideration:
Fiscal Consideration
Medical Stop Loss -$827,410 - 507.04.0490.519.45.11
All Other Lines - $1,369,832 - 501.18.1853.513.45.40, 45.75 and 45.94
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Background:
This is the annual renewal quotes of all of our lines of insurance