Title
Insurance Consultant FY2019
History
The Village has had a long standing partnershp with the Horton Group. This relationship has been beneficial in stabilizing the Village’s insurance lines and medical plan trends. The Horton Group continues to provide best in class insurance consulting services to the Village of Orland Park. Their services include Risk Management, Property/Liability/Workers Compensation and Employee Benefits brokerage and consulting services.
These services also include strategic planning and market insight and analysis, financial and benefit analytics, human resource services and employee assistance, employee benefit communications, compliance oversight, and workplace wellness. While the Horton Group’s services continue to expand, the service fee has remained flat since 2015 and is 13% less than the 2014 service fee. Their industry knowledge and understanding of the Village’s environment, plans, union agreements and challenges is important as we continue to explore cost containment recommendations and develop implementation strategies for current and future years.
I move to recommend to the Village Board to approve retaining the Horton Group’s services for Property Casualty/Risk Management and Employee Benefit Consulting at the recommended rate for FY2019.
Financial Impact
Funds will be included in the proposed 2019 budget.
Recommended Action/Motion
I move to remove this item from the agenda.