The Insurance Advisory Committee consists of seven members appointed by the Town Council and meets three times annually.
The Duties of the Insurance Advisory Committee are:
To assist the administration in determining the needs of property, casualty, health, and life insurance protection, per directive of the Town Council.
To identify risks and develop management and funding mechanisms and to prepare recommendations on loss retention by direct funding, deductibles, reserve funds and insurance.
To periodically review insurance coverages and loss data and make recommendations to the Town Manager with respect to the needs to modify and renew insurance policies and programs.
To review insurance bid process and bid cycle terms. Recommend modifications to the insurance bid specifications.