For property/casualty insurance, ICRMT had the lowest bid at $291,991. The other bidder was OneBeacon Insurance Company, represented by the Insurance Partnership Agency, which had a quote of $380,385.
In this case, the county selected the lower bid. Another factor was the enhanced services offered by ICRMT, such as coverage for the health department and its handling of medicines, White said.
Jeff Weber, a senior vice president for the Insurance Program Managers Group, was on hand at Tuesday’s meeting representing ICRMT.
He said the carrier insures about 46 counties in Illinois and has been active since 1983.
“We’re the largest insurer of counties in the State of Illinois,” Weber said.