INSURANCERECOMMENDED

Hamtramck Insurance Renewal Agent Recommended for Approval

Hamtramck City Council is considering approval of IBEX Insurance Services as agent for the city's renewed liability and property insurance coverage. The policy carries a $371,653 annual premium, a $50,000 loss fund deposit, and $10 million in coverage for the 2026–2027 period.

Document date · September 21, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Annual premium of $371,653 plus an upfront loss fund deposit of $50,000
Contract type
INSURANCE
Contract term
2026–2027 renewal
Renewal
Renewal of insurance services first used by the City in 2024; carrier renewal proposal obtained through IBEX Insurance Services.
Document type
Agenda
Source document
Hamtramck Housing Commission Agenda Regular City Council Meeting September 22, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Hamtramck Housing Commission?

Ibex Insurance Services was awarded this insurance contract by Hamtramck Housing Commission, as recorded on September 21, 2026. The contract value is Annual premium of $371,653 plus an upfront loss fund deposit of $50,000.

How much is the Ibex Insurance Services contract with Hamtramck Housing Commission worth?

The Ibex Insurance Services contract with Hamtramck Housing Commission is valued at Annual premium of $371,653 plus an upfront loss fund deposit of $50,000, 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 Hamtramck Housing Commission Agenda Regular City Council Meeting September 22, 2026 (Agenda), dated September 21, 2026 from Hamtramck Housing Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ibex Insurance Services hold?

Ibex Insurance Services may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ibex Insurance Services's profile

What is Hamtramck Housing Commission currently buying?

Explore Hamtramck Housing Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Hamtramck Housing Commission's profile