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Title:
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A bill for an ordinance approving the proposed purchase by the City and County of Denver including DIA of insurance policies through Willis of Minnesota, Inc., Arthur J. Gallagher Risk Management Services, Inc. and Huntington T. Block Insurance Agency, Inc. in an amount not to exceed $3,310,324.00.
(FINANCE & SERVICES) Renews the City's property and liability insurance coverage policies (including Denver International Airport) for up to $3,310,324 in premium costs paid to the City’s three (3) insurance brokers: Willis - $641,614 for a contract term date of 12-31-17, Arthur J. Gallagher - $28,751 for a contract term date of 12-31-17 and Huntington T. Block - $199,558 for a contract term date of 3-31-17; a property premium of $2,440,401 will also be paid to one of the brokers based on final negotiations (Willis – FINAN-201419400; Arthur J. Gallagher – FINAN-201419401; Huntington T. Block – FINAN-201415384-01). The last regularly scheduled Council meeting within the 30-day review pe...
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