INSURANCERENEWED

City Renews Excess Workers’ Compensation Coverage With PRISM

Redwood City will renew its excess workers’ compensation insurance policy with PRISM for the 2026–2027 fiscal year, covering losses above $350,000. The council authorization includes payment of an annual premium not to exceed $1.2 million.

Status
RENEWED
Document date
July 27, 2026
Contract type
INSURANCE
Vendor
Public Risk Innovation, Solutions, & Management (prism)
Agency
City of Redwood · CA

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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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $1,200,000
Contract type
INSURANCE
Contract term
July 1, 2026 – June 30, 2027
Renewal date
2027-06-30
Renewal
Single-year renewal for FY 2026–2027; covers losses in excess of $350,000 for the stated term.
Document type
Agenda
Source document
City of Redwood City Joint City Council/Successor Agency/Public Finance Authority Meeting Agenda 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Redwood?

Public Risk Innovation, Solutions, & Management (prism) was awarded this insurance contract by City of Redwood, as recorded on July 27, 2026. The contract value is Not to exceed $1,200,000.

How much is the Public Risk Innovation, Solutions, & Management (prism) contract with City of Redwood worth?

The Public Risk Innovation, Solutions, & Management (prism) contract with City of Redwood is valued at Not to exceed $1,200,000, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Redwood City Joint City Council/Successor Agency/Public Finance Authority Meeting Agenda 2026-07-27 (Agenda), dated July 27, 2026 from City of Redwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Public Risk Innovation, Solutions, & Management (prism) hold?

Public Risk Innovation, Solutions, & Management (prism) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Public Risk Innovation, Solutions, & Management (prism)'s profile

What is City of Redwood currently buying?

Explore City of Redwood's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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