Port of Palm Beach Commission Regular Meeting Agenda Packet April 2026
Risk Strategies Oversees Employee Benefits Brokerage
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Description
Risk Strategies Company manages the Port’s employee group insurance plans and benefits under a three‑year Broker of Record agreement beginning June 13, 2025, with first‑year fees of $75,000 and options for two one‑year renewals.
Contract Details
Contract Amount
$75,000 for the 1st year of the agreement
Vendor
RISK STRATEGIES COMPANY
Agency
Port Of Palm Beach District, FL
Contract Type
INSURANCE
Document Date
April 16, 2026
Contract Term
June 13, 2025 – June 12, 2028 (3 years)
Renewal Date
2028-06-12
Renewal Info
Three‑year term 6/13/2025–6/12/2028 plus two optional 1‑year renewals; 30‑day termination for convenience.
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