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<br />Preview <br /> <br />Page 1 of 4 <br /> <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br /> <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br /> <br />MEl\1QRAJ~])UM <br /> <br />TO: <br /> <br />The Honorable Mayor and City Commission <br /> <br />FROM: <br /> <br />Priscilla Walker, Assistant to City Manager/Human Resources <br /> <br />DATE: <br /> <br />9/15/2011 <br /> <br />RE: <br /> <br />Award of RFP No. 11-08-01 Property Casualty Comprehensive Insurance <br />to Brown & Brown/Preferred Government Insurance Trust (pGIT) <br /> <br />RECOMMENDATION: <br /> <br />It is recommended that the City Commission consider the attached resolution awarding RFP No. <br />11-08-01 Property Casualty Comprehensive Insurance to Brown & Brown/Preferred Government <br />Insurance Trust (PGIT), in the amount of Six Hundred Thirty-Eight Thousand Six Hundred <br />Twenty- Three Dollars ($638,623), to provide the City's Commercial Package Policy (Property, <br />Liability, and Auto), Workers Compensation, a~d miscellaneous insurance coverages for the <br />Period of October 1, 2011 through September 30, 2012. <br /> <br />REASONS: <br /> <br />The City needs various insurance coverages to protect it from liabilities, catastrophes, and other <br />issues that may arise. As such, the City issued RFP No. 11-08-01 Property Casualty <br />Comprehensive Insurance. The RFP yielded two responses: one from Brown & Brown/Preferred <br />Governmental Insurance Trust (PGIT) and one from Florida League of Cities (FMIT). The initial <br />proposals for the Commercial Package Policy (Property, Liability, and Auto) and Workers <br />compensation are as follows: <br /> <br /> Brown and Brown, Inc. Florida League of Cities <br />Preferred Governmental Insurance Trust Florida Municipal Insurance Trust <br /> (FMIT) <br /> (PG IT) <br />Package Policy & Workers $623,195 Package Policy & Workers $553,650 <br />Comp Como <br /> <br />The proposals were referred to Siver Insurance Consultants (Siver), our independent insurance <br />consultants, for an in-depth analysis. Siver reviewed the proposals and determined the proposals <br /> <br />http://sibagenda.sibfl. net/agenda/Preview .aspx?I temID=5 88&MeetingID=0&MeetingDate=... 9/8/2011 <br />