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Meeting Date: 10/10/2023  
Award Renewal Insurance Contract
Submitted for: Mayela Herrera Submitted By: Mayela Herrera
Department: Risk Management  

Subject:
Discussion and possible action to award renewal contract to USI Southwest, Inc., for Property/Casualty, Liability Insurance, Excess Workers Compensation, Aviation Liability, Boiler & Machinery, and Terrorism and Sabotage Property Damage Insurance, Cyber Liability and Commercial Automobile. Premium amount not to exceed $1,800,000.00 through the following insurance carriers listed below, effective October 1, 2023, through September 30th, 2024 and authorizing the County Judge to execute all relevant documents. [Account #1001-1180-001-452012 (Property & Casualty Premium) and #6200-1090-001-452013 (Property & Casualty Premium)]

Zurich American Insurance Company
AXA XL Insurance
Westchester Fire Insurance Company
Travelers Casualty And Safety Company of America
Lloyd's of London (Hiscox Syndicate)
Safety National Casualty Corporation 
Lexington Insurance Company 
Illinois Union Insurance Company
Background:
Insurance is renewed at the end of each fiscal year to provide adequate coverage for FY 2023-2024.
Previous Court Action:
Insurance renewals have been approved by the court.

Fiscal Impact
Budget Account Number: 1001-1180
Funding Source: 452012
Balance: n/a
Financial Impact:
N/A
Attachments
USI Premium Summary
McGriff


    

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