Gallagher Retained as City’s Insurance Broker
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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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