INSURANCEPENDING

Gallagher Proposes 2027 Risk Management Program Redesign

The Town of Parker and its insurance broker Gallagher presented a proposed redesign of the 2027 property and liability program, targeting about $1.5 million in annual fixed insurance expenses and a $2 million risk reserve. The plan would increase self-insured retention to $500,000 while raising total casualty liability limits to $15 million.

Status
PENDING
Document date
August 24, 2026
Contract type
INSURANCE
Vendor
GALLAGHER
Agency
Town of Parker · CO

Trusted by teams at

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
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
approximately $1.5 million in annual fixed expenses (program-wide) plus $2 million initial reserve for retained risk
Contract type
INSURANCE
Contract term
2027 insurance program year (renewal cycle)
Renewal date
2027-01-01
Renewal
Gallagher will continue working with staff to finalize the structure for the 2027 renewal, subject to Council feedback and budget approval; details on broker compensation or multi-year terms are not provided.
Document type
AgendaPacket
Source document
Town of Parker AgendaPacket Study Session Agenda 2026-08-24

Related contracts

Other contracts from GALLAGHER.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Parker?

GALLAGHER was awarded this insurance contract by Town of Parker, as recorded on August 24, 2026. The contract value is approximately $1.5 million in annual fixed expenses (program-wide) plus $2 million initial reserve for retained risk.

How much is the GALLAGHER contract with Town of Parker worth?

The GALLAGHER contract with Town of Parker is valued at approximately $1.5 million in annual fixed expenses (program-wide) plus $2 million initial reserve for retained risk, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Parker AgendaPacket Study Session Agenda 2026-08-24 (AgendaPacket), dated August 24, 2026 from Town of Parker. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does GALLAGHER hold?

GALLAGHER 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 GALLAGHER's profile

What is Town of Parker currently buying?

Explore Town of Parker's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Parker's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free