www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - May 22, 2018
REVISED May 22, 2018 - Regular Meeting
Agenda Item #23


Subject
Request for Offer No. 18-TA002674DW Property and Casualty Insurance Agent of Record

Briefings
None

Contact and/or Presenter Information

Linda Klasing, Risk Manager, Office of County Attorney, Ext. 3750

Dennis W. Wallace, Contract Manager, Financial Management Department, Procurement Division, Ext. 3039



Action Requested

Authorization to award a fifty-three (53) month agreement for Property and Casualty Insurance Agent of Record Services to First Florida Insurance Brokers, Tampa, Florida, for a total not-to-exceed amount of $618,298.

Authorize the County Administrator, or his designee, to execute the Agreement.



Enabling/Regulating Authority
Manatee County Code of Laws

Background Discussion

On February 21, 2018, the County advertised a Request for Offers No. 18-TA002674DW for Property and Casualty Insurance Agent of Record Services. Three (3) responsive and responsible proposals were received from Arthur J. Gallagher Risk Management Services, Inc., First Florida Insurance Brokers, and  Public Risk Insurance Agency. Proposals were evaluated based upon the criteria in the Request for Offers. The final ranking of firms is as follows:

  1. First Florida Insurance Brokers
  2. Arthur Gallagher Risk Management Services Inc.
  3. Public Risk Insurance Agency

The Agreement staff is presenting to the Commission is for fifty-three months in the annual amount of $140,000 for a total not-to-exceed amount of $618,298. 

Services to be provided by the Agent of Record include soliciting insurance coverage proposals and programs from interested markets that will meet the requirements of the County. Agent of Record will evaluate and recommend to the County the most effective risk-financing program in terms of protection and cost. In addition, the Agent of Record will review risk financing strategies including programs that encompass the County's current risk financing arrangement and coordinate an annual actuarial evaluation of the program to determine funding requirements.



County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records

Copies to:

Maggie Boykin, ARM-P, Vice President, Property & Casualty, First Florida Insurance Brokers, e-mail: Maggie.boykin@ffinsbr.com

Linda Klasing, Risk Manager, Office of County Attorney, linda.klasing@mymanatee.org

Dennis W. Wallace, Contract Manager, Financial Management Department, Procurement Division, dennis.wallace@mymanatee.org



Cost and Funds Source Account Number and Name
505001500-531000 Risk Management General Liability Fund

Amount and Frequency of Recurring Costs
N/A


Attachment:  FFIB Agreement. rev.pdf