FINAL 06-24-2025 RMTB MEETING MINUTES.DOCX

Minutes
Risk Management Trust Board
June 24, 2025
Minutes of the Risk Management Trust Board meeting held in person at the Tempe Public Library on 
June 24, 2025, at 5:30 p.m.
Board Members Present:
Board Members Absent:
Heather Bilodeau
Jerry Hart
Tom Duensing
Corey D. Woods
Lisette Camacho, Deputy City Manager Chief Financial Officer
City Staff Present:
Guests Present:
Chris Hansen, Risk Manager
Pamela Dominguez,
Alliant Insurance Services, Inc.
Nichole Martinez, Workers’ Compensation Program Specialist
Shawn Kraatz,
Alliant Insurance Services, Inc.
Alex Chin, Management Assistant
Agenda Item 1 - Call to Order:
Chair Lisette Camacho called the meeting to order at 5:31 p.m.
Agenda Item 2 - Approval of the May 12th, 2025, Board Meeting Minutes
Motion by Corey D Woods to approve, second by Heather Bilodeau
Ayes: Chair Camacho, Board members Bilodeau, Duensing, Hart, and Woods
Nays: None
Motion passed on a vote of 5-0.
Agenda Item 3 – Alliant 2025/2026 Insurance Renewal Marketing Status Update
Lisette Camacho reminded the Board that 7 layers of insurance coverage were approved at the 
May 12th, 2025, Risk Management Trust Board (RMTB). Only the final quotes for Inland Marine 
and Dam, Auto Physical, General Liability (Primary and Excess), Aviation Drone, and Deadly 
Weapons are to be reviewed and approved by the board. Pamela Dominguez and Shawn Kraatz 
presented the following overall 2025/2026 insurance coverage and approval of the remaining lines 
of coverage by the RMTB.

25-26 Policy Type
Insurance Carrier
Amount
Property
Travelers Indemnity Company
$
524,650.00
Inland Marine – Dam & Mill Avenue 
Bridges
Chubb
$
165,566.86
Auto Physical Damage
Lexington Insurance Company
$
63,591.84
Commercial General Liability – Primary 
Layer ($2M x SIR's) - General Liability
Safety National Casualty Corp
$
531,151.00
Excess Liability – Layer 2 ($3M x $2M x 
SIR's) - Included
Upland Specialty Insurance Company
$
392,529.46
Excess Liability – Layer 3 ($5M x $10M x 
SIR's)
Vanatage Risk Specialty Insurance 
Company (Aurenity)
$
310,508.16
Excess Liability – Layer 4 ($5M x $15M x 
SIR's)
Obsidian Insurance Company
$
232,200.00
Excess Liability – Layer 5 ($5M x $20M x 
SIR's)
Arch Specialty Insurance Company
$
233,232.00
Excess Liability – Layer 6 ($5M x $25M x 
SIR's)
Great American Assurance Co
$
192,500.00
Workers Compensation
Safety National Casualty Corp
$
617,462.00
Foreign Package
Ace American Insurance Company
$
2,500.00
Pollution Policy
Ironshore Specialty Insurance
$
42,430.18
Cyber
Houston Casualty Company
$
112,402.44
Fiduciary – 1st Layer
Hudson Insurance Company
$
31,472.00
Fiduciary – 2nd Layer
RLI Insurance Company
$
17,100.00
Aviation/Drones
Global Aerospace
$
9,974.00
Crime
National Union Fire Ins. Co.
$
9,999.00
Total Premiums $
3,489,268.94
General Liability - Subtotal $
1,892,120.62
All Other - Subtotal $
1,597,148.32
The board discussed the final quotes, with the following emphasis:

General Liability (Primary and Excess): Alliant evaluated this coverage to see if the PRISM 
pool was a viable option. At this time, it is not competitive for the 2025/2026 renewal; potential 
re-evaluation next year. 

Deadly Weapons / Crisis Management Coverage: This is an optional coverage. The Board 
discussed the need for clarity regarding the overlap between this line of coverage and the 
City’s Emergency Management resources. The board has elected to defer while giving staff 
authorization to collaborate with Alliant and City Emergency Management to evaluate 
coverage fit. If staff determines the coverage is appropriate, they are authorized to proceed 
without returning to the board.
A motion to authorize City staff to work with Alliant and the City’s Emergency Management team to 
evaluate how the deadly weapons coverage would complement existing city resources. If staff 
determine the coverage is appropriate, staff are authorized to proceed with purchasing the 
coverage without returning to the Board for another vote, as long as the coverage “makes sense 
for the city.”

Motion by Corey D Woods to approve, second by Jerry Hart
Ayes: Chair Camacho, Board members Bilodeau, Duensing, Hart, and Woods
Nays: None
Motion passed on a vote of 5-0.
A motion to approve the final quotes for Inland Marine and Dam, Auto Physical, General Liability 
(Primary and Excess), and Aviation Drone.
Motion by Jerry Hart to approve, second by Corey D Woods 
Ayes: Chair Camacho, Board members Bilodeau, Duensing, Hart, and Woods
Nays: None
Motion passed on a vote of 5-0.
An action item for city staff is they must verify the accuracy of the Total Insured Value (TIV) and vehicle 
inventory list, because the insurer’s quote showed a 37 percent reduction in TIV that no one on the 
team could fully explain. Once verified, staff will provide the corrected values to Alliant, who will then 
recalculate the premium using the already-negotiated rate, which will not change.
City staff reminded the board that the City Manager has, via resolution, delegated authority to approve 
coverage administratively; all items will be presented to Council in August for ratification.
Agenda Item 4 - Board Member and Staff Announcements
There were no announcements. 
Agenda Item 5 - Public Appearances
There were no public appearances.
The meeting adjourned at 6:13 p.m.
Minutes prepared by: Alex Chin 
Reviewed by: Chris Hansen