Kane County committee appoints Alliant as commercial insurance broker after RFP

The Kane County Human Services Committee voted to authorize a contract naming Alliant Insurance Services as the county's commercial insurance broker of record, following a request-for-proposals process prompted by the previous broker's acquisition.

Jamie Juby, human resources staff, said the county's prior broker's representative left after their company was bought and the county issued an RFP for broker services. Alliant won the RFP and staff said the county will switch brokers for renewal work with the new broker of record effective Dec. 1; current policies remain in force until Nov. 30.

Dan Mackey, head of Alliant's public-sector practice, introduced the firm's local team and said Alliant specializes in public entities. "It's the people that go up and down the elevator every day. That's who when you have a problem, you're going to pick up the phone and call," Mackey said, describing Alliant's public-sector experience. Another Alliant representative identified as the account executive said he would serve as the county's day-to-day contact for renewals and risk-management support.

County staff said the commercial insurance broker arrangement is an insurance-liability expense and does not affect the general fund. The county also reported an insurance-liability reserve balance in the roughly $10 million to $11 million range and said Alliant recommended conducting an actuarial study to determine an optimal target reserve; staff said they will solicit cost information for that study.

The resolution authorizing the contract passed by unanimous roll call of members present. The motion to authorize the broker contract was made by a committee member and seconded; the roll-call vote recorded all present members voting yes. Staff said the new broker will begin work immediately on renewals so policies are in place by Dec. 1.