BRM Stop-Loss Contract Recommended for 2025 Renewal
- Disclosed value
- $282,534 annually (Alternate 1 stop loss premiums)
- From agenda
- Document date
- May 5, 2025
The 30-second brief
Acrisure recommended that the City of North Pole shift its 2025–2026 medical stop-loss coverage to BRM with a $40,000 specific deductible, $15,000 aggregating specific and $100,000 laser. The proposed BRM contract would cost about $282,500 annually in premiums and modestly increase overall exposure while avoiding IOA Re’s much larger conditional laser.
BRM holds this insurance contract with City of North Pole. Its other public contracts on record include work for Cumberland County School District and City of Quincy.
Term as filed: Proposed effective July 1, 2025 – June 30, 2026.
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Contract details
- Contract type
- Insurance
- Amount
- $282,534 annually (Alternate 1 stop loss premiums)
- Document date
- May 5, 2025
- Term
- Proposed effective July 1, 2025 – June 30, 2026
- Vendor
- BRM
- Agency
- City of North Pole
- Source document
- north-pole-city-council-agenda-employee-benefits-renewal-ordinances-may-5-2025_ea1.md (Agenda)
BRM's other public contracts
More City of North Pole contracts
Questions about this contract
Who was awarded the insurance contract by City of North Pole?
BRM was awarded this insurance contract by City of North Pole, as recorded on May 5, 2025. The contract value is $282,534 annually (Alternate 1 stop loss premiums).
How much is the BRM contract with City of North Pole worth?
The BRM contract with City of North Pole is valued at $282,534 annually (Alternate 1 stop loss premiums), covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agenda record.
Where was this contract approved?
This contract appears in north-pole-city-council-agenda-employee-benefits-renewal-ordinances-may-5-2025_ea1.md (Agenda), dated May 5, 2025 from City of North Pole. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does BRM hold?
BRM may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of North Pole currently buying?
Explore City of North Pole's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.