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File #: 19-4677    Version: Name: Property Casualty & Workers' Compensation Insurance 2019-2020 and 2020-2021
Type: Resolution Status: Passed
File created: 8/27/2019 In control: City Commission
On agenda: 9/17/2019 Final action: 9/17/2019
Title: *Authorizing the placement of the City’s Property and Casualty Insurance Program for the 2019-20 by Public Risk Management of Florida (PRM) as submitted by World Risk Management (WRM) in the amount of up to $1,258,508.00, pursuant to Section 2-797(4)(b) of the Code of Ordinances, Exempt Contractual Services; Authorizing acceptance of World Risk Management (WRM) as the Agent/Broker for the City’s Casualty Insurance Program for the policy year 2019/2020; 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 $80,654.00 to include: Westchester Fire Insurance for aircraft (drone) coverage provided by WRM ($1,732.00); 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), Wharfingers Liability Coverage ($17,757.00), Hull Coverage ($10,027.00); Vessel Pollution Coverage ($4,061.00); AIG for AD&D Cover...
Sponsors: Greg Veliz
Attachments: 1. Resolution, 2. Executive Summary, 3. Key West 2019 - 2020 PC Renewal Proposal FINAL 8-21-19, 4. PRIA ANCILLARY PROPOSAL 2019-2020, 5. City of Key West - 2019 UAV Quote, 6. Ben Few & Company Insurance Renewal Recommendation for 19-21, 7. Interisk Insurance Renewal Recommendation for 19-21

Title

*Authorizing the placement of the City’s Property and Casualty Insurance Program for the 2019-20 by Public Risk Management of Florida (PRM) as submitted by World Risk Management (WRM) in the amount of up to $1,258,508.00, pursuant to Section 2-797(4)(b) of the Code of Ordinances, Exempt Contractual Services; Authorizing acceptance of World Risk Management (WRM) as the Agent/Broker for the City’s Casualty Insurance Program for the policy year 2019/2020; 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 $80,654.00 to include:  Westchester Fire Insurance for aircraft (drone) coverage provided by WRM ($1,732.00); 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), Wharfingers Liability Coverage ($17,757.00), Hull Coverage ($10,027.00); Vessel Pollution Coverage ($4,061.00); AIG for AD&D Coverage ($7,204.00); Commerce & Industry for Storage Tank Liability ($6,357.00); Authorizing the acceptance of Public Risk Insurance Agency (PRIA) as the Agent/Broker for the City’s ancillary policies, with the exception of drone coverage; Authorizing the City Manager to execute all documents consistent therewith upon the advice and consent of the City Attorney.