HomeMy WebLinkAboutCC AG PKT 2007-12-10 # J
AGENDA REPORT
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DATE:
December 10, 2007
TO: Honorable Mayor and City Council
FROM: David N. Carmany, City Manager
BY: Andrew J. Tse, Personnel Manager
SUBJECT: RESOLUTION NO. . A resolution of the City
Council of the City of Seal Beach designating ABD
Insurance Services as Broker of Authorization
SUMMARY OF REQUEST:
The purpose of this report is to request Council consideration to designate ABD Insurance
Services as the Broker of Authorization.
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BACKGROUND:
ABD Insurance Services is the brokerage firm that has been assisting the City with
maintaining ancillary benefits for its workforce including, dental, vision, life insurance,
and long-term disability. The role of the Broker of Authorization is to assist the City
with securing the best value of coverage at the lowest cost possible. Through the
brokerage firm, municipal entities participate in Municipality Benefits Pools to keep cost
low. This resolution designates ABD Insurance Services as the Broker of Authorization.
ABD Insurance Services is based in California and is the largest Broker headquartered in
the Western United States with annual revenues topping $170,000,000 and premiums
over $1.5 billion, The company has been in business for over 50 years.
FINANCIAL IMPACT:
There is no anticipated fiscal impact with this action.
RECOMMENDATION:
It is recommended that the City Council adop~ the following resolution:
1. Resolution No, "A resolution of the City Council of the City of Seal
Beach designating ABD Insurance Services as Broker of Authorization.
APPROVED:
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David N. carmanl, City Manager
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Attachments:
Resolution Number
Agenda Item if
RESOLUTION NUMBER
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEAL BEACH DESIGNATING ABD INSURANCE SERVICES AS
THE BROKER OF AUTHORIZATION
WHEREAS, ABD Insurance Services has been assisting the City with its maintenance of
ancillary benefits for its workforce; and
WHEREAS, the role of the Broker is to assist the City secure the best value of coverage
for its employees while maintaining the cos.. low; and
WHEREAS, through the brokerage finn, the City participates in Municipal Benefi..
Pools to keep the cost of ancillary benefi.. low,
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Seal Beach
hereby designates ABD Insurance Services as Broker of Authorization.
PASSED, APPROVED and ADOP1ED by the City Council of the City of Seal Beach at
a regular meeting held on the 10th day of December. 2007 by the following vote:
AYES: Councilmember
NOES: Councilmember
ABSENT: Councilmember
e ABSTAIN: Councilmember
Mayor
ATrEST:
City Clerk
STATEOFCALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Linda Devine, City Clerk of the City of Seal Beach, California, do hereby certify that
the foregoing resolution is the original copy of Resolution Number _ on file in the
office of the City Clerk, passed, approved, and adopted by the City Council of the City of
Seal Beach at a regular meeting thereofheId on the 10th day of December. 2007,
City Clerk
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