TO: Committee of the Whole - Finance, Administration, and Communications
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Finance
Kelley Cochran
425-556-2748
DEPARTMENT STAFF:
Finance
Kelly Hsi
Risk Program Manager
Finance
Adam O'Sullivan
Finance Manager
Finance
Haritha Narra
Deputy Finance Director
TITLE:
title
Approval of Pre-Membership in the Washington Cities Insurance Authority (WCIA) and the Pre-Membership Interlocal Agreement
OVERVIEW STATEMENT:
recommendation
The City is interested in pursuing membership in the Washington Cities Insurance Authority (WCIA). WCIA is a member-governed municipal risk pool serving over 165 public entities in Washington State and has over $220M in assets. Joining WCIA would replace the City's current carrier-based liability insurance structure with comprehensive coverage, dedicated claims management, and proactive risk management services with an emphasis on loss prevention, training, and partnership. WCIA membership would be effective December 1, 2026.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
N/A
* Required:
Council is required to approve an interlocal agreement as part of the City joining WCIA.
* Council Request:
N/A
* Other Key Facts:
N/A
OUTCOMES:
Since September 2022, the City has received its property and general liability coverage through the Cities Insurance Association of Washington (CIAW), administered through a contracted insurance broker, Leavitt Group. In this structure, CIAW contracts with Clear Risk Solutions to serve as the third-party administrator for claims adjusting and risk control services, while Leavitt Group provides claims consulting support and contract review for insurance language.
As the City has grown in population and complexity, the City's risk exposure and operational needs have also expanded. This growth is occu...
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