...Title/Name/Summary
Insurance Brokerage Services
...History
Overview and Background
On June 11, 2014 the Village issued a Request for Proposals (RFP) for Insurance Brokerage Services for property/casualty coverage to begin January 1, 2015. The RFP was posted on the Village’s website, published in the SouthtownStar, and staff directly notified four (4) insurance brokers who had submitted proposals to the Village in prior years. Proposals were due July 16, 2014; the four insurance brokers that were directly notified responded, including The Horton Group, Arthur J. Gallagher & Co., Assurance Agency, Ltd., and Alliant Insurance Services, Inc. All four responses were complete and competitively priced.
Broker Evaluation
A selection committee comprised of staff members from Finance and Administration evaluated the proposals. Three of the four proposers were invited for an interview - The Horton Group, Arthur J. Gallagher, and Assurance Agency, Ltd. Alliant Insurance Services is based in San Francisco, California, with the nearest office located in Troy, Michigan. The committee gave preference to brokers with an office in the Chicagoland area. After interviews were completed, the committee invited The Horton Group and Arthur J. Gallagher back for a short presentation of their online risk management system. These systems provide the Village with the functionality needed to efficiently manage our safety and risk management program, including injury and incident reporting, certificate of insurance tracking, employee training, Material Safety Data Sheet management and a library of policies/documents that can be tailored to Village specifications. Both systems met the requirements of the Village; however, the base system from The Horton Group, "SUCCEED", is slightly more comprehensive, includes all of the desired functionality, and would be provided at no cost. The certificate of insurance tracking module provides a tracking tool for certificates of insurance submit...
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