HomeMy WebLinkAboutItem 14 - Insurance ConsultantMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: MARCH 19, 2024
SUBJECT: APPROVAL OF A CONTRACT FOR INSURANCE CONSULTANT
SERVICES FOR GROUP HEALTH BENEFITS
RECOMMENDATION: City Council to consider the approval of a three-year contract for
insurance consultant services for group health benefits with McGriff
Insurance Services, Inc. for the Human Resources Department.
FUNDING SOURCE: Funds are available in the General Fund (Risk Department) for an amount
not to exceed $50,000.
BACKGROUND: The insurance consultant assists with insurance placement for medical,
dental, vision, 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.
McGriff has provided these services to the City in the past with successful
results and they agree to a renewal with no increase in fee.