CONTRACTRECOMMENDED

BRM Stop-Loss Contract Recommended for 2025 Renewal

City of North Pole logoCity of North Pole
Disclosed value
$282,534 annually (Alternate 1 stop loss premiums)
From agenda
Document date
May 5, 2025

The 30-second brief

What it covers

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.

Who holds it

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.

What happens next

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
Source document
north-pole-city-council-agenda-employee-benefits-renewal-ordinances-may-5-2025_ea1.md (Agenda)

BRM's other public contracts

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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.

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