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City of Grand Rapids Fiscal Committee Agenda 2026-06-16

Gallagher Retained as City’s Insurance Broker

$58,002City of Grand RapidsARTHUR J. GALLAGHER RISK MANAGEMENT SERVICESJune 16, 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

The City of Grand Rapids will pay Arthur J. Gallagher Risk Management Services a $58,002 service fee as Agent of Record to manage its FY2027 insurance renewals. Gallagher will continue to place property, liability, workers’ compensation, and specialty coverages on behalf of the City.

Contract Details

Contract Amount

$58,002

Vendor

ARTHUR J. GALLAGHER RISK MANAGEMENT SERVICES

Agency

City of Grand Rapids, MI

Contract Type

INSURANCE

Document Date

June 16, 2026

Contract Term

Calendar Year 2026 services; premiums administered for July 1, 2026 to June 30, 2027 insurance period

Renewal Info

Ongoing broker/Agent of Record engagement with annual fee adjustments; FY27 fee reflects an estimated 3% increase over the prior year.

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