INSURANCEAPPROVED

Town of Newmarket Agenda Council 2026-05-11

Newmarket joins insurance pool using Axxima administrator

Town of NewmarketAXXIMA INSURANCE SERVICES a DIVISION OF 3303128 CANADA INC & AXXIMA INC (COLLECTIVELY “AXXIMA”)May 11, 2026

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Description

The Town of Newmarket approved participation in the York Region Municipal Insurance Pool Program that will use Axxima Insurance Services to administer the pool under a two‑year agreement. The Town will fund its share of Axxima’s services through levies paid into the pool and has delegated authority to financial staff to manage ongoing contributions and any extensions.

Contract Details

Vendor

AXXIMA INSURANCE SERVICES a DIVISION OF 3303128 CANADA INC & AXXIMA INC (COLLECTIVELY “AXXIMA”)

Agency

Town of Newmarket, Canada

Contract Type

INSURANCE

Document Date

May 11, 2026

Contract Term

two-year term (with potential extensions via Insurance Pool Program)

Renewal Info

Initial two-year administration agreement between York Region and Axxima, funded via municipal levies; Town financial staff authorized to approve continuing contributions if the Subscriber’s Agreement with Axxima is extended beyond the initial term.

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