File #: 18-2650    Version: 1 Name: Property, Casualty & Worker's Compensation Insurance FY 2018-19
Type: Resolution Status: Passed
File created: 7/24/2018 In control: City Commission
On agenda: 9/5/2018 Final action: 9/5/2018
Title: *Authorizing the City Manager to negotiate pursuant to Section 2-797(4)(b) of the Code of Ordinances, Exempt Contractual Services, the City’s Property and Casualty Insurance Program for 2018-19 by Public Risk Management of Florida (PRM) as submitted by World Risk Management (WRM) in the amount of $1,038,485.00; Authorizing acceptance of World Risk Management as the Agent/Broker for the City’s Casualty Insurance Program for policy year 2018/2019; Approving pursuant to Section 2-797(4)(b) of the Code of Ordinances the placement of the City’s Ancillary Policies in the amount of $71,947.00 from Public Risk Insurance Agency (PRIA) to include: Great American for Marine Operators Legal Liability Coverage ($24,016.00), Outer Mole Excess Liability Coverage ($9,500.00), Wharfingers Liability Coverage ($17,575.00), Hull Coverage ($10,027.00); Vessel Pollution Coverage ($4,061.00); AIG for AD&D Coverage ($6,768.00); Authorizing the acceptance of Public Risk Insurance Agency (PRIA) as the Agent/Bro...
Sponsors: Jim Scholl
Attachments: 1. Resolution, 2. Executive Summary, 3. Ben Few Renewal Strategy for 2018-19 Term, 4. Interisk Renewal Strategy for 2018-19 Term, 5. Direct Solicitation for Proposal - FY 2018 2019 - FINAL, 6. PRM P & C - Key West Proposal 18-19, 7. PRIA Ancillary - Key West Proposal 18-19, 8. Ben Few Insurance Evaluation, 9. Interisk Insurance Evaluation

Title

*Authorizing the City Manager to negotiate pursuant to Section 2-797(4)(b) of the Code of Ordinances, Exempt Contractual Services, the City’s Property and Casualty Insurance Program for 2018-19 by Public Risk Management of Florida (PRM) as submitted by World Risk Management (WRM) in the amount of $1,038,485.00; Authorizing acceptance of World Risk Management as the Agent/Broker for the City’s Casualty Insurance Program for policy year 2018/2019; Approving pursuant to Section 2-797(4)(b) of the Code of Ordinances the placement of the City’s Ancillary Policies in the amount of $71,947.00 from Public Risk Insurance Agency (PRIA) to include: Great American for Marine Operators Legal Liability Coverage ($24,016.00), Outer Mole Excess Liability Coverage ($9,500.00), Wharfingers Liability Coverage ($17,575.00), Hull Coverage ($10,027.00); Vessel Pollution Coverage ($4,061.00); AIG for AD&D Coverage ($6,768.00); Authorizing the acceptance of Public Risk Insurance Agency (PRIA) as the Agent/Broker for the City's Ancillary Policies; Upon completion of negotiations, Authorizing the City Manager to execute all documents consistent therewith upon the advice and consent of the City Attorney.