HomeMy WebLinkAboutWA Resolution 22-18 InsuranceN.°/*1fYA:1C4w4ltor1110lu1A
RESOLUTION NO.22-18
A RESOLUTION OF THE WESTLAKE ACADEMY BOARD OF TRUSTEES
AWARDING THE BID FOR PROPERTY/CASUALTY INSURANCE PRODUCTS AND
SERVICES TO BOX INSURANCE AGENCY FOR FY 2022-2023.
WHEREAS, Westlake Academy desires to maintain a comprehensive risk management
program for the protection of its property, students, employees, elected officials, and stakeholders;
and,
WHEREAS, the leaders of Westlake Academy desire to exercise exceptional levels of
stewardship with all financial resources; and,
WHEREAS, the Board of Trustees finds that the passage of this resolution is in the best
interest of the citizens of Westlake as well as the students, their parents, and faculty of Westlake
Academy.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF
WESTLAKE ACADEMY:
SECTION 1: that the Board of Trustees of Westlake Academy does hereby award the
recommended bid for property/casualty insurance products and services to Box Insurance Agency
for FY 22-23, attached hereto as Exhibit "A"; and further authorize the Superintendent or designee
to execute this agreement.
SECTION 2: that, all matters stated in the recitals hereinabove are found to be true and
correct and are incorporated herein by reference as if copied in their entirety.
SECTION 3: If any portion of this resolution shall, for any reason, be declared invalid by
any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof
and the Council hereby determines that it would have adopted this resolution without the invalid
provision.
SECTION 4: That this resolution shall become effective from and after its date of
passage.
Resolution WA22-18
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PASSED AND APPROVED ON THIS 8Tn DAY OF AUGUST 2022.
ATTEST:
Amy Piuka4l, goard Secretary
Sean Kilbride, President
e ilson, Head of School
Resolution WA22-18
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Exhibit "A"
Recommended Bid — Box Insurance
Insurance Type
Provider
Expiring
Renewal
Premium
Premium
Commercial Property
Crum & Forster
$ 103,995
112,780
Workers Compensation
Accident Fund
18,171
18,996
Crime
Travelers
2,860
3,299
General Liability (Education Suite)
Utica
15,347
16,930
Umbrella — Liability
Utica
7,505
8,101
Business Auto (4 Buses)
Utica
5,394
5,904
Student Accident
Philadelphia
51943
5,943
International Travel
Chubb
2,000
2,000
Cyber Liability
Utica
400
400
Total
$161,615
$174,353
Resolution WA 22-18
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