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10/17/1989
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10/17/1989
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
10/17/1989
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ALTERNATIVES AND ANALYSIS <br />The RFP was sent to: Arthur J. Gallagher 6 Company, the current <br />broker; Florida League of Cities; Florida Association of Counties <br />Trust (FACT); Arden -Waddell Insurance; Schlitt Insurance Services; <br />Sid Banack Insurance; and Acker -Hall Insurance. Subsequently, RFPs <br />were requested by Greenwich Risk Management and McCreary Corporation. <br />Responses were received from Gallagher, League of Cities, FACT and <br />Schlitt. <br />All responses were subjected to rigorous review both by Siver <br />Con-ultants and by the County's Risk Manager. Sixteen (16) <br />possible program options were reviewed, as we examined coverages, <br />costs and service capabilities. The options were reviewed with <br />Mr. Chandler, Mr. Baird, Mr. Price and the Risk Manager, and the <br />recommendation from Siver, with concurrence of the Risk Manager, <br />is attached for your consideration. <br />RECOMMENDATION <br />The staff recommends that the Board of County Commissioners approve <br />the recommendation of Siver Insurance Management Consultants. <br />October 11, 1989 <br />Mr. James Chandler <br />County Administrator <br />Indian River County <br />1840 25th Street <br />Vero Beach, FL 32960 <br />RE: <br />Insurance <br />Management <br />SIVER Consultan <br />9400 Fourth Street North <br />P.O Box 21343 <br />St. Petersburg, Florida 33742 <br />Telephone: (813) 577-2780 <br />Fax: (813) 579-8692 <br />Marketing of Property & Liability Insurance <br />Policy Period: 11/1/89-11/1/90 <br />Report &Recommendation <br />Dear Mr. Chandler: <br />We are pleased to provide Indian River County with our <br />report on the results of the marketing of the County's <br />property and casualty insurance program and our recom- <br />mendation of the coverages which will provide the County <br />with the best coverage/cost combination. <br />BACKGROUND <br />Our firm was retained by the County to draft a compre- <br />hensive Request For Proposals (RFP) to seek competitive <br />proposals for specified property and liability insurance <br />coverages. Copies of the RFP were distributed to <br />interested insurance agents/brokers and service <br />companies. <br />Proposals were received from four insurance agencies <br />representing a total of 19 insurance/service companies. <br />45 BOOK % f'GE.�. <br />OCT 1 <br />
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