SUBJECT:
Action regarding Renewal Agreement Between the City of Saginaw and HUB International for Benefits Consulting Services
Renewal approval of the three-year Agreement Between the City of Saginaw and HUB International for Benefits Consulting Services.
BACKGROUND/DISCUSSION:
In March of 2020 it came evident that we needed to make the decision to change insurance brokers. In May 2020 City Council approved a three-year Benefit Consulting Services agreement between the City of Saginaw and HUB International, with this came significant savings.
FINANCIAL IMPACT:
Hub International Flat Rate Fee $39,375 annually
RECOMMENDATION:
Approval of the three-year Agreement Between the City of Saginaw and HUB Interational for Benefits Consulting Services. To ensure that we continue to offer the best benefits at the most affordable price both to employees and the City. |