Issue Sheet ATH2026-049
Open official source ↗ · Source page 1
City of Smyrna Issue Sheet File Number: ATH2026-049 A Max Bacon City Hall 2800 King Street Smyrna, GA 30080 1 5 0 3 Agenda Date: 4/20/2026 In Control: City Council File Type: Authorization Agenda Section: Consent Agenda Department: Human Resources Agenda Title: Approval to renew the property liability insurance with Traveler’s Insurance, Cyber Liability with Corvus, Drone Liability with Global Aerospace, and Inmate Medical Liability with Sirius America, with Oakbridge/Saville as the brokers of record in the amount of $1,332,564.64, and authorize the Mayor to sign and execute all related documents. Citywide ISSUE AND BACKGROUND: The City maintains property and liability insurance with an annual coverage period of May 1, 2026– April 30, 2027. Rates are based on a look back of past claims, losses, and liability exposure. For the 2026-2027 renewal, we are recommending removing Auto Property Damage (Comp/Collision) from autos except those that are 2016 or newer or with a cost new value of $50,000 or greater. Additionally, we are recommending applying a $5,000 deductible to all auto property damage. Rather than the current deductible structure of $2,500 for regular units and $5,000 for emergency units. These changes result in estimated savings of roughly $42,000 compared to the expiring term. This proposal also includes Umbrella coverage for $1,000,000. Some contracts require the City to maintain these excess limits for the agreement to remain valid. RECOMMENDATION / REQUESTED ACTION: Staff recommends approval to renew the property liability insurance with Traveler’s Insurance, Cyber Liability with Corvus, Drone Liability with Global Aerospace, and Inmate Medical Liability with Sirius America, with Oakbridge/Saville as the brokers of record in the amount of $1,332,564.64, and authorize the Mayor to sign and execute all related documents.