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HomeMy WebLinkAbout11/3/1999 - STAFF REPORTS (3) DATE: November 3, 1999 TO: City Council FROM: Assistant City Manager-Operations INSURANCE BROKER SELECTION RECOMMENDATION: It is recommended that the City Council accept the unanimous recommendation of the Insurance Oversight Committee that AON Risk Services be named the City's Insurance Broker and the staff be authorized to negotiate an Insurance Services contract for City Council consideration. BACKGROUND: In the City's ongoing effort to find better,less costly and more efficient ways to conduct business, the City Council sought a new approach to acquiring insurance. The City Manager established a two-pronged approach to evaluate insurance acquisition options. The fast prong was for the Procurement Manager to research how other California cities acquired insurance and to develop an RFP document based upon his research. His research foundthatmany California cities were moving to single rather than multiple brokers and to flat fee arrangements rather than commission-based insurance acquisition. "RFP 02-00 Property, Liability and Worker's Compensation Brokerage Services"was prepared and circulated as of June 20, 1999,with proposals due July 20, 1999. Proposals were received from the following brokerage companies: ComRM I ocatiog Year 1 Fee 1. Hooper,Hayes&Associates Los Angeles $45,000 2. Arthur L Gallagher&Co. Irvine $55,000 3. Davis&Graeber Insurance Services Redlands $52,000 4. AON Risk Services Los Angeles $75,000 5. Dodge,Warren&Peter Ontario Commission 6. Marsh USA Risk Newport Beach $70,425 The second prong of the City Manager's approach was selection of an Insurance Oversight Committee to review insurance issues and the RFP submittals. This committee was made up of Assistant City Manager-Operations(char),Assistant City Manager-Administration,Police Chief, Fire Chief and Principal Management & Budget Analyst. The committee was devoid of any participation from staff members currently dealing with insurance procurement or administration to try and ensure a fresh look at all insurance issues. The committee met with staff currently involved in the City's insurance programs in an effort to better educate themselves and then the five member committee independently graded the proposals utilizing a standardized grading format. A summary of the grades is as follows: GRADING SUMMARY OF AUGUST 17, 1999 Comminee Gallagher ADN Marsh Hooper Davie Graeber Dodge Member A 43 44 47 43 45 N/R B 43 46 43.5 39 37 Na C 47 46 45 42 46 N/R(41) D 38 407 42 362 37 N/R B 1 47 1 45 41 34 43 N/4 TGTA1.8 218 221.7 2185 1%.2 208 MR 3-a- 3AL -z Three of the firms were graded between 218 and 222. A fourth firm was graded at 208 but was ranked in the top three by three members ofthe committee. One firm,Dodge,Warren&Peters,was found non-responsive as they provided a proposal based on a percentage commission rather than a flat fee as clearly required by the RFP. (Note:Member C graded their non-responsive proposal and ranked it 6th.) Based on the above and reference checks,the committee established a short list of: AON Marsh Gallagher Davis/Graeber The four short-listed firms were invited to interviews held on September 23 and 24, 1999. At the conclusion of the interviews,again the committee members' grades were compiled as follows: Company Member A Member B Member C Member D Member E Average Score Marsh 97 80 94 83 99 90.6 Davis& 96 71 91 66 81 81 Graeber Gallagher 96 78 93 83 89 87.8 AON 97 87 93 82 96 91 As can be seen from the scores,it was a virtual dead heat between Marsh and AON. To break the virtual tie,the committee scheduled a second round of interviews for October 14, 1999. This set of interviews was designed to evaluate how well the insurance brokers team would work with the City i.e. flexibility, reasonableness, responsiveness and understanding for the needs of a tourist community. This time,the committee mandated that the companies' proposed account executive and two staff members that would work day-today on the City's account be present. In addition, the committee asked the Procurement Manager,Human Resources Director and Risk Manager to sit in on this round of interviews to help ask questions. At the conclusion of the interviews,the non- committee members were excused and the committee prepared its final grades as follows: Company Member A Member B Member C Member D Average Marsh 16 15 17 17 16.25 AON 19 20 20 19 19.5 *Note: Only four members of the committee were available for final interviews The final grades reflect the committee's unanimous recommendation to hire AON Risk Services as the City's insurance Broker. AON would be paid a flat fee of$75,000 to acquire all of the City property,liability and workers compensation insurance. In the area of workers compensation,AON will be tasked to bring a variety of options to the City for review,including first dollar coverage,as well as third party administration services. AON will also provide a wide variety ofrisk assessment and training programs as part of their contract. The Public Entity Division of AON focuses solely on the insurance and risk management needs of cities,counties and state governments,with 1,000 California public entity clients. The City would be serviced out of the Los Angeles offices of AON with Mr.Don Shaffer appointed as the City's account executive. Mr.Shaffer has more than twenty-five years experience and his accounts number six,which allows for adequate time to service our account. One of the major issues in this solicitation was that of a fixed fee vs.commission. Each company was asked directly, "How can we be assured you are not getting our flat fee and a percentage commission as well?" Attached is a letter from AON which specifically addresses that issue. A Minute Order concurring with the Insurance Oversight Committee's recommendation is attached for City Council consideration. N L4 — �:�- C• ALLEN F. SMOOT,AAS HAROLD E.GOOD,CPPO Assistant City Procurement Manager Char-In ice Oversight Co APPROVED City er ATTACHMENTS: 1. Minute Order 2. AON Letter n ,a j?V, /tl Ep 3��"3 34F4 _y AmAon Risk Services JoAN BMU24ER vuepwd ent Ann Pak Servua,lne ofSoud fern Ca;rb October 20, 1999 Mr.Al Smoot Via Fax: 760-323-8207 Assistant City Manager Hard copy via mail City of Palm Springs 3200 East Tahquitz Canyon Way Palm Springs,CA 92262 Re: Separation of Fee and Commission Dear Al, I am responding to your question regarding assurance that,on a fee arrangement with the City of Palm Springs,Aon would not also take commissions from underwriters. We guarantee that this would not happen and can provide you the following assurances: • All premiums to the City of Palm Springs will be net.To confirm this,we can provide the City with a copy of the Policy Declaration Page for all lines of insurance where it will show the City that,indeed,the premium is net. • Additionally,we would welcome the City to audit our negotiation with underwriters once we place all lines of the City's insurance. We will make our negotiating documents available to you and then your audit will confirm that we are negotiating for net premiums for Palm Springs. I hope this answers any concem of the City's regarding the separation of fee and commission. s ty, ASSISTANT C17Y MANAGER 007( 2 5 �xl1 J13:1v1 OPERATIONS cc:Gary Martin,Executive Vice President Director,Public Sector Division Aon Risk Serosat,Inc.of Southffir Cahforma rmrname Servicm 707 Wilshire Blvd.,Ste 6000•Los Angeles,Cahtf)rnia 9W17•tel:(213)630-3200•fax:(213)689-4450 Madtng:PO Box 54670,Lot Angela,Califorma 90054-0670 License No.0530733 CITY OF PALM SPRINGS REQUEST FOR PROPOSAL (RFP) 02-00 TO PROVIDE PROPERTY, LIABILITY AND WORKERS' COMPENSATION INSURANCE BROKERAGE SERVICES NOTICE IS HEREBY GIVEN that the City of Palm Springs is soliciting proposals from interested and qualified firms to provide Property, Liability and Workers' Compensation Insurance Brokerage Services for the City of Palm Springs. GENERAL INFORMATION:The City of Palm Springs is evaluating its risk financing programs in terms of protection and cost. The RFP for Insurance Brokerage Services has been developed out of that process. The RFP document contains the scope of work and qualification requirements. IMPORTANT NOTE: This Request for Proposal is not an authorization to approach the insurance marketplace or service agencies on behalf of the City of Palm Springs. City of Palm Springs specifically directs that NO contact or solicitation of insurance markets or market reservations be made on behalf of the City. Failure to comply with this condition will be grounds for disqualification from this RFP process. AVAILABILITY OF RFP: The RFP document will be mailed upon request at no charge. Copies may also be obtained from the Office of Procurement at the addresses below or by telephone request at (760) 323-8239. STREET ADDRESS MAILING ADDRESS CITY OF PALM SPRINGS CITY OF PALM SPRINGS ATTN: Procurement Manager ATTN: Procurement Manager 3200 E. Tahquitz Canyon Way P. 0. Box 2743 Palm Springs, Ca 92262 Palm Springs, CA 92263-2743 PHONE: (760) 323-8239 PHONE: (760) 323-8239 Responses received which are not in conformance with the instructions outlined in the RFP document will be rejected as non-responsive. BASIS OF AWARD: The City reserves the right to award Contract, or make no award, whichever is in the best interest of the City. The City also reserves the right to negotiate the terms and conditions of any Contract resulting from this solicitation. Final award, if any, will be made by the Palm Springs City Council. EVALUATION CRITERIA: All proposals received by the closing date and time will be evaluated by an Evaluation Committee who will review and judge the merit of the proposals received in accordance with all criteria and specifications contained in the RFP document. Proposals will be judged on the basis of the following criteria. A. Professional and Technical Insurance Capabilities B. Risk Management Consulting Capabilities C. Interpersonal Skills D. Managerial and Service Skills E. Proposal Price F. Proposal Quality It is the City's intent to create a short-list of qualified firms from the proposals received. The short-list will consist of the firms which are, in the City's sole judgment, best able to serve the City's requirements for the services solicited. An oral presentation and /or more information may be required from the short-listed firms. DEADLINE: Proposals must be received in the Procurement Office at the street address above prior to the deadline of Tuesday. July 20, 1999, 5:00 P.M. local time. It is the responsibility of the Offeror to see that any proposal sent through the mail shall have sufficient time to be received by this specified date and time. Telegraphic, telephonic or facsimile (fax) proposals will= be accepted. Proposers attention is drawn to the fact that all proposal documents submitted are subject to the California Code Section 6250 at seq, commonly known as the Public Records Act. Information contained in the proposals may be made public after the review process has been completed in a recommendation for award to the City Council of the City of Palm Springs, and/or following award. COSTS INCURRED BY PROPOSER: All expenses involved with the preparation and submission of proposal to the City, or any work performed in connection therewith, shall be borne by the proposer(s). No payment will be made for any responses received, nor for any other effort required of or made by the proposer(s) prior to commencement of work as defined by a contract approved by the City Council. INSURANCE REQUIREMENTS: The successful Offeror must meet all insurance requirements of the City of Palm Springs. ,V' HAROLD E. GOOD, CPPO Procurement Manager Date: June 17, 1999 Publish in Desert Sun: June 20, 199 MINUTE ORDER SELECTING AON RISK SERVICES AS THE CITY OF PALM SPRINGS INSURANCE BROKER AND AUTHORIZING THE NEGOTIATION OF AN INSURANCE SERVICES CONTRACT TO BE BROUGHT BACK TO CITY COUNCIL FOR FINAL APPROVAL. I HEREBY CERTIFY that this Minute Order,selecting AON Risk Services as the City of Palm Springs Insurance Broker and authorizing the negotiation of an Insurance Services Contract to be brought back to City Council for final approval, was adopted by the City Council of the City of Pahn Springs,California,in a meeting thereof held on the 31 day of November 1999. PATRICIA A. SANDERS City Clerk 3 -�