Broken Arrow City Council
Meeting of: June 6, 2022
Title:
title
Approval of and authorization to execute a purchase of Chubb Group of Insurance Companies Policy for Electronic Data Processing Property, effective July 1, 2022
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Background:
Chubb Insurance currently provides coverage for the City’s computer systems. The total electronic data processing property limit of insurance is $1,554,816.00 with a $1,000.00 deductible, and the newly acquired electronic data processing property and telephone equipment limit of insurance is $500,000.00. The cost of this policy is $5,597.00.
The policy premium has not increased over the last few year. Staff recommends approval of this policy offered by Chubb.
Cost: $5,597.00
Funding Source: General Government 1101700 and BAMA 2201700
Requested By: Kelly Cox, Human Resources Director
Approved By: City Manager’s Office
Attachments: City of Broken Arrow Electronic Data (Chubb)
Recommendation:
recommend
Approve and authorize execution of a purchase of Chubb Group of Insurance Companies Policy for Electronic Data Processing Property, effective July 1, 2022.
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