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INSURANCEAPPROVED

City of Riverside City Council Agenda 2026-06-23

City Renews Insurance Portfolio with Keenan & Associates

Not to exceed $10,722,029.26 plus 15% contingency of $1,608,304.39, for a total not to exceed $12,330,333.65City of RiversideKEENAN & ASSOCIATESJune 23, 2026

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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
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IANS Research logo

Description

The City of Riverside plans to renew its various insurance policies through broker Keenan & Associates for FY 2026-27 in an amount not to exceed $10.72 million, with a 15% contingency bringing the maximum to $12.33 million. The renewal covers multiple lines of insurance and potential coverage enhancements.

Contract Details

Contract Amount

Not to exceed $10,722,029.26 plus 15% contingency of $1,608,304.39, for a total not to exceed $12,330,333.65

Vendor

KEENAN & ASSOCIATES

Agency

City of Riverside, CA

Contract Type

INSURANCE

Document Date

June 23, 2026

Contract Term

Fiscal Year 2026-2027

Renewal Date

2027-06-30

Renewal Info

Annual insurance policy renewals for FY 2026-27; future years will require separate Council approval.

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