14. RESOLUTION NO. 126-2024 A Resolution Of The Town Council Of The Town Of Palm Beach, Palm Beach County, Florida, Approving Proposed Fixed Costs For Property, Liability, Workers’ Compensation, Automobile And Ancillary Coverages For FY2025 In The Amount Of $2,225,864 And Variable Costs In The Amount Of $1,250,000; Approving A Non-Exclusive Insurance Broker Services Agreement With Relation Insurance Service Of Florida, Inc. "Relation", In The Amount Of $65,000; Approving A Non-Exclusive Insurance Broker Services Agreement With Arthur J. Gallagher Risk Management Services, Inc., "AJG," In The Amount Of $7,500; Approving A Third Party Administration Services Agreement With Preferred Governmental Claim Solution "PGCS" In The Amount Of $67,766; Conditioning All Matters Contained Herein Subject To Approval Of The Fiscal Year 2024 Budget; And Authorizing The Town Manager To Execute The Non-Exclusive Insurance Broker Services Agreements With Relation, AJG And PGCS On Behalf Of The Town. - Town of Palm Beach, FL

Meeting: Town Council

Meeting Time: September 10, 2024 at 9:30am EDT

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Agenda Item

14. RESOLUTION NO. 126-2024 A Resolution Of The Town Council Of The Town Of Palm Beach, Palm Beach County, Florida, Approving Proposed Fixed Costs For Property, Liability, Workers’ Compensation, Automobile And Ancillary Coverages For FY2025 In The Amount Of $2,225,864 And Variable Costs In The Amount Of $1,250,000; Approving A Non-Exclusive Insurance Broker Services Agreement With Relation Insurance Service Of Florida, Inc. "Relation", In The Amount Of $65,000; Approving A Non-Exclusive Insurance Broker Services Agreement With Arthur J. Gallagher Risk Management Services, Inc., "AJG," In The Amount Of $7,500; Approving A Third Party Administration Services Agreement With Preferred Governmental Claim Solution "PGCS" In The Amount Of $67,766; Conditioning All Matters Contained Herein Subject To Approval Of The Fiscal Year 2024 Budget; And Authorizing The Town Manager To Execute The Non-Exclusive Insurance Broker Services Agreements With Relation, AJG And PGCS On Behalf Of The Town.

Town_Council_backup_memorandum.pdf Resolution_No._126-2024.pdf Premiums_Coverage_option_comparison_Exhibit_A.pdf Lines_of_Coverage_Summary_Exhibit_B.pdf Relation_Non_Exclusive_Insurance_Broker_Services_Agreement_Exhibit_C.pdf AJG_Non_Exclusive_Insurance_Broker_Services_Agreement_Exhibit_D.pdf PGCS_TPA_Agreement_Exhibit_E.pdf ItemApprovalSheet.html