Margate City Board of Education Organization Meeting Agenda 2026-05-13
Brown & Brown Metro Appointed Health Benefits Broker
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Description
The Margate City Board of Education appointed Brown & Brown Metro, LLC as health benefit insurance broker for July 1, 2026 through June 30, 2027. The broker will be compensated through preset commission rates on medical, prescription, and dental premiums rather than direct fees.
Contract Details
Contract Amount
Commissions at 4.0% of medical and prescription premiums; Dental commissions 10% first $10,000, 4% next $95,000, 3% thereafter
Vendor
BROWN & BROWN METRO LLC
Agency
Margate City School District, NJ
Contract Type
INSURANCE
Document Date
May 13, 2026
Contract Term
July 1, 2026 to June 30, 2027
Renewal Date
2027-06-30
Renewal Info
One-year health benefit broker engagement from July 1, 2026 through June 30, 2027; continuation beyond that date will require new board action.
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