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Consider approving a contract with Zurich to provide Accidental Death and Dismemberment and Loss of Use coverage for City of Lawton employees effective July 1, 2023, and authorize the Mayor and City Clerk to execute the contract.
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INITIATOR: Craig Akard, Human Resources Director
STAFF INFORMATION SOURCE: Craig Akard, Human Resources Director
BACKGROUND: The City of Lawton provides Accidental Death and Dismemberment and Loss of Use coverage for employees. The current contract with Zurich will be expiring soon. Our broker Higginbotham was contacted to publish an RFP for coverage. Zurich provided a proposal that meets all the requirement of the RFP specifications. The contract listed as an exhibit has been approved by the City Attorney's office. Open enrollment is set to begin on May 15, 2023 with informational classes.
EXHIBIT: Zurich Accidental Death and Dismemberment and Loss of Use Proposal and Zurich Accidental Death and Dismemberment and Loss of Use Agreement
KEY ISSUES: Does the City of Lawton wish to enter into a contract with Zurich for Accidental Death and Dismemberment and Loss of Use coverage.
FUNDING SOURCE: General Fund
STAFF RECOMMENDED COUNCIL ACTION: Approve the contract with Zurich for Accidental Death and Dismemberment and Loss of Use coverage for City of Lawton employees and authorize the Mayor and City Clerk to execute the contract.