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HomeMy WebLinkAboutAgenda Statement 1987/02/17 Item 4 COUNCIL AGENDA STATEMENT Item 4 Meeting Date 2/17/87 ITEM TITLE: Resolution v' %C7 ' Approving appointment of Broker of Record for Long Term Disability (L.T.D. ) insurance SUBMITTED BY: Director of Perso REVIEWED BY: City Manager (4/5ths Vote: Yes No X ) In November 1986, the City issued a Request for Proposal (R.F.P. ) for a Broker of Record for the City' s Long Term Disability (L.T.D. ) Insurance. A total of twenty-three R.F.P. 's were mailed directly to brokerage firms that handle L.T.D. insurance, eleven of which are located in Chula Vista. In addition, an advertisement was placed in the Chula Vista Star-News on November 9 and 13, 1986, indicating the search for a Broker of Record. A selection committee, consisting of the Risk Manager, Director of Finance, and the Principal Management Assistant from the City Manager' s office reviewed six proposals and interviewed four finalist candidates. The selection committee recommends that the City Council appoint John Burnham and Company as Broker of Record for L.T.D. insurance. RECOMMENDATION: Adopt resolution approving appointment. BOARDS & COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: The City provides L.T.D. coverage to employees represented by the Chula Vista Employees Association (C.V.E.A. ), Western Council of Engineers (W.C.E. ) , and employees in the Executive, Mid-Management and Unclassified groups. L.T.D. coverage, currently purchased through Standard Insurance Co. , provides income continuation to employees who become totally disabled. The benefit extends to age 65, provided certain criteria are met. The original Broker of Record who assisted in the purchase of L.T.D. in 1973 has since retired and has had little or no involvement with the City for some years. Since Standard Instrance Co. has a policy of only writing coverage through a Broker of Record, it was decided to solicit proposals to find the best qualified candidate to represent the City in purchasing and maintaining adequate L.T.D. coverage. Proposals were received from the following firms: R.K.C. & Co. Robert F. Driver Co. , Inc. John Burnham & Co. Barney & Barney Richard A. Mills Co. , Inc. California Benefits Page 2, Item 4 Meeting Date 2/17/87 Criteria used in evaluating the proposals included: proposal content and responsiveness to the R.F.P. , office location, number and experience of support staff, municipal experience, experience with groups of more than 150 lives, and the experience of the principal . During the initial proposal screening, California Benefits and Richard A. Mills Co. , Inc. were dropped from further consideration due to lack of experience with municipalities. The remaining four firms were interviewed by the selection committee and reference checks were conducted. Evaluation criteria during this phase of the selection included the technical skills and knowledge of the principals, their education and experience, oral communication skills, ability to meet deadlines, and general dependability. After careful consideration, the selection committee' s recommendation is to appoint John Burnham and Co. as Broker of Record for L.T.D. John Burnham and Co. is represented by Bradley Orr and Joyce LaCarte who have combined benefits experience of more than 22 years. They have a number of municipal and special district clients who they represent in the purchase of various benefits, including L.T.D. The reference checks revealed that the clients of Mr. Orr and Ms. LaCarte regard the team as highly competent, very service oriented and particularly helpful in the resolution of individual employee problems with insurance companies. In addition, they have a high level of technical expertise in the area of L.T.D. benefits. In short, the selection committee felt that John Burnham and Co. represented what the City is looking for in a broker of Record for L.T.D. For this reason, the selection committee recommends their appointment. FISCAL IMPACT: None. WPC 0618K 7 by the City Council of Chula Vista, California Dated /7-e 7