HomeMy WebLinkAboutItem 16 - Insurance Consultant ServicesMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: APRIL 17, 2018
SUBJECT: APPROVAL TO RENEW AN ANNUAL CONTRACT FOR INSURANCE
CONSULTANT SERVICES FOR GROUP HEALTH BENEFITS
RECOMMENDATION: City Council to consider the renewal of an annual contract with McGriff,
Seibels & Williams Insurance Services for the Risk Department for
insurance consultant services for group health benefits.
FUNDING SOURCE: Funds for this purchase are available in account 100-44540-109-001
(Professional Services) for an amount not to exceed $50,000.00.
BACKGROUND: In 2015, the City Council approved a contract with McGriff, Seibels, &
Williams to provide insurance consultant services for group health
benefits.
The insurance consultant assists with insurance placement for medical,
dental, vision, pharmacy, life, disability, and stop loss insurance
coverages. The consultant also ensures that benefit designs are
consistent with the strategic benchmarks, provides compliance tools and
legislative information, and provides data analysis on plans and
performance.
Request for proposals were taken in accordance with Texas Local
Government Code Chapter 252.022. The RFP for insurance consultant
services for group health benefits was issued and opened publicly on
February 11, 2015. The RFP public notice was published in the Fort
Worth Star -Telegram on January 8 and 15, 2015. The insurance
consultant contract was for one year with three optional, one-year
renewals. If approved, this will be the third and final renewal.
Staff recommends approval.
MH/BS