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INSURANCEAPPROVED

Holland Board of Public Works Agenda 2026-06-08

Property Insurance Program Renewed with Marsh Specialty

Estimated $1,143,930.34 plus applicable surplus lines taxes and feesCity of Holland cityMARSH SPECIALTYJune 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Holland Board of Public Works approved the FY 2027 renewal of its Energy Production Property Insurance Program with Marsh Specialty, at an estimated premium of $1.14 million, continuing expiring coverage with incumbent carriers and a reduced premium.

Contract Details

Contract Amount

Estimated $1,143,930.34 plus applicable surplus lines taxes and fees

Vendor

MARSH SPECIALTY

Agency

City of Holland city, MI

Contract Type

INSURANCE

Document Date

June 8, 2026

Contract Term

FY 2027 (1 year)

Renewal Date

2027-06-30

Renewal Info

Annual renewal, premium and details set each fiscal year upon binding

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