City of Zanesville Ways and Means Committee Agenda Packet 2026-06-22
Tokio Marine loses Zanesville insurance business
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Description
During a recent insurance rebid, Tokio Marine submitted a substantially higher quote than its prior underpriced policy and was not selected as Zanesville’s insurer. The City switched coverage to PEP following the competitive process.
Contract Details
Vendor
TOKIO MARINE
Agency
City of Zanesville, OH
Contract Type
INSURANCE
Document Date
June 22, 2026
Contract Term
Past coverage prior to selection of PEP; policy year referenced around 2023
Renewal Info
Former carrier for the City’s insurance program; policy was not renewed when coverage was rebid and awarded to PEP at more favorable terms.
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