Village of Bensenville Board of Trustees Meeting Agenda Packet Dec 2025
Village Awards $840K Insurance Contract to ICRMT
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Description
The Village Board approved a contract with Illinois Counties Risk Management Trust (ICRMT) to provide property, liability, and workers’ compensation insurance from December 1, 2025 through November 30, 2026 in a not‑to‑exceed amount of $840,023. The coverage was negotiated through the Village’s broker, Alliant, and renews the municipality’s core risk protections.
Contract Details
Contract Amount
Not-to-exceed $840,023
Vendor
ILLINOIS COUNTIES RISK MANAGEMENT TRUST (ICRMT)
Agency
Bensenville village (pt.), IL
Contract Type
INSURANCE
Document Date
December 16, 2025
Contract Term
December 1, 2025 – November 30, 2026
Renewal Date
2026-11-30
Renewal Info
One‑year insurance placement for FY 2025–2026; policies are renewed annually and future years will require new quotes and Board approval.
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