Port of Palm Beach Commission Regular Meeting Agenda Packet March 2026
Risk Strategies to Broker Port Employee Benefits Plans
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Description
Risk Strategies Company was selected as Broker of Record for the Port’s employee group insurance plans and benefits under a three-year contract starting June 13, 2025, with $75,000 compensation in the first year and options for two additional years.
Contract Details
Contract Amount
$75,000 for the 1st year of the agreement
Vendor
RISK STRATEGIES COMPANY
Agency
Port Of Palm Beach District, FL
Contract Type
INSURANCE
Document Date
March 19, 2026
Contract Term
06/13/2025 – 06/12/2028 (3 years with two additional 1-year terms)
Renewal Date
2028-06-12
Renewal Info
Two optional 1-year extensions beyond 6/12/2028; terminable for cause or convenience with 30 days’ notice.
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