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Mayor Sawicki appointed to Florida Municipal Insurance Trust board

By Staff | Dec 16, 2015

Cape Coral Mayor Marni Sawicki has been appointed to the board of trustees for the Florida Municipal Insurance Trust. The trust is administered by the Florida League of Cities and governed by a 15-member board comprised of elected officials. The board appointed Sawicki to serve as trustee until March 1, 2018. She joins Board Chairman Kevin Ruane, Sanibel mayor, as representatives of Southwest Florida.

Sawicki has an extensive background in the insurance industry working with State Farm Insurance and National Interstate Insurance. She holds a Property & Casualty Insurance License in Florida.

“The Florida Municipal Insurance Trust administers the state’s multiple insurance services for local governments,” said Sawicki. “My experience in the insurance field combined with my role as mayor of the state’s 10th largest city will add a unique perspective to the board. I am honored by the appointment and look forward to serving with my fellow trustees.’

The FLC established its first insurance program in 1977 to provide workers’ compensation coverage and services to governmental entities. Early success of that program led to the establishment of trusts for the liability, property and health lines of coverage. In 1987, the League opened its Public Risk Services office to administer the programs in-house. Subsequently, the insurance programs were consolidated under the name “Florida Municipal Insurance Trust.”

The FMIT is a non-assessable, nonprofit, tax-exempt risk-sharing pool providing insurance services for more than 600 public entities in Florida, of which more than 250 are municipalities. The Trust maintains superior financial stability, presently highlighted by $453 million in assets, $211 million in surplus, and about $9 billion in total insured values.

Source: City of Cape Coral