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Town of Simsbury Board of Finance Special Meeting Minutes 2026-04-29

Lockton Advises Simsbury on Health Insurance Reserves

Town of SimsburyLOCKTONApril 29, 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 Town of Simsbury and Board of Education continue to use Lockton as their health insurance consultant to project stop-loss reimbursements and reserve levels under the self-insured health plan for FY27 budgeting. The consultant’s analysis informed multiple budget scenarios and the decision on how much to use from health insurance reserves.

Contract Details

Vendor

LOCKTON

Agency

Town of Simsbury, CT

Contract Type

INSURANCE

Document Date

April 29, 2026

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