HomeMy WebLinkAbout7 Power Point Insurance Brokerage Services
Consent Item # Insurance Brokerage ServicesAwarding a Contract for 7
Consideration of a Contract for 2 Since Keith has left, service provided by Marsh has declined•time Marsh broker, Keith Grand, retired-In June 2013, long•the same broker, Marsh, for
the past fifteen yearscompensation insurance brokerage services have been with District’s general liability, property and workers’ •Background / History Insurance Brokerage Services
New Information Insurance Brokerage ServicesConsideration of a Contract for 3 submitted responsive proposalsTwo insurance brokerage firms, InterWest and Marsh, •Brokerage Services on
December 19, 2014The District issued a Request for Proposal for Insurance •
New Information Insurance Brokerage ServicesConsideration of a Contract for 4 88–Marsh Risk and Insurance Services, Inc. •95–InterWest Insurance Services, Inc. •Scores for each brokerage:•Fee-10%
•Services provided-10% •Experience in the electric and water utility industry-20% •Qualifications of the key individuals-20% •Qualifications of the firm -40% •on the following criteria:The
proposals were weighted and evaluated by a committee •
Fiscal Impact$50,000 (exclude work comp)Marsh2010/11$65,000Marsh2011/12$55,000Marsh2012/13$60,000Marsh2013/14$60,000Marsh2014/15$44,000 (proposed)InterWest2015/16BrokerYear Insurance
Brokerage ServicesConsideration of a Contract for 5$44,000InterWest’s proposed fee for the next policy period is •
Recommendation Insurance Brokerage ServicesConsideration of a Contract for 6 District’s Counselyear periods, in a form acceptable to the -two additional onecontract for insurance brokerage
services, renewable for year -Authorize the Board President to execute a one•