INSURANCEAPPROVED

Town of Newmarket Council Minutes 2026-04-20

Town Backs Axxima Insurance Pool Administrator Agreement

Town of NewmarketAXXIMA INSURANCE SERVICES a DIVISION OF 3303128 CANADA INC & AXXIMA INC (COLLECTIVELY “AXXIMA”)April 20, 2026

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Description

The Town of Newmarket approved participation in York Region’s direct purchase of Insurance Pool Administrator services from Axxima Insurance Services, with the Town contributing via program levies for a two-year term. Staff received delegated authority to approve ongoing financial contributions if the underlying Subscriber’s Agreement with Axxima is extended.

Contract Details

Vendor

AXXIMA INSURANCE SERVICES a DIVISION OF 3303128 CANADA INC & AXXIMA INC (COLLECTIVELY “AXXIMA”)

Agency

Town of Newmarket, Canada

Contract Type

INSURANCE

Document Date

April 20, 2026

Contract Term

two-year term, with potential continuation if Subscriber’s Agreement term is extended

Renewal Info

Initial two-year term for Axxima’s Insurance Pool Administrator services, with Town authority to continue financial contributions if the Subscriber’s Agreement (Insurance Pool Program agreement) with Axxima is extended beyond the initial term.

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