SVC-INSURANCE/1516 - Insurance & Risk Management Service (Excluding Health)

The City of Punta Gorda sought proposals for various lines of coverage for insurance and risk management services. The contract was awarded to Risk Management Associates, Inc. after a evaluation and selection process. The scope of work includes providing insurance and risk management services to the city. Some of the key aspects of the contract include the structure of the pool, proof that the pool is actuarially sound, auto/equipment coverage, pre-defense review program, and client list. The city's risk manager will review the proposed policy limits to determine if adequate coverage is proposed. • The contract is for insurance and risk management services • The vendor is Risk Management Associates, Inc. • The city's risk manager will review the proposed policy limits • The contract includes various lines of coverage • The evaluation and selection process was used to award the contract