Oct 3, 2013 - By Katie Roenigk, Staff WriterThe Central Wyoming College Board of Trustees has selected Tegeler and Associates of Riverton as the school's property and liability insurance agent for the year, effective this month.
CWC's previous insurer was Hub International of Cheyenne.
Ron Granger, CWC's vice president for administrative services, said it is beneficial to receive new proposals for insurance coverage every three to five years. He requested qualifications and proposals from agents this summer.
Four companies responded to Granger's initial advertisement for an agent: Hub International of Cheyenne, Wells Fargo of Salt Lake City, Arthur J. Gallagher of Denver and Tegeler and Associates of Riverton.
"It's pretty interesting," Granger said. "(Gallagher is the) third largest in the nation. Wells Fargo is the fifth largest in the nation. And Hub International is in the top 10. ... Then there's Tegeler in Riverton."
All four companies estimated a 3 percent to 6 percent increase in premiums this year, Granger said, so he couldn't simply pick the lowest bidder for the job. Instead, he asked representatives from each agency to come to Riverton in August for an interview.
"It was almost like hiring a new employee," Granger said. "We brought them in to interview to see how we thought they'd fit with us."
Seven CWC staff members --including employees from administrative services, the business office, facilities, payroll and nursing --helped conduct the interviews. Granger said everyone involved liked Tegeler best.
"They just wooed (us) with what they had to say," Granger said. "(Their representative) understood what we were talking about. He knew what we wanted and had the answers. ... It was a unanimous choice by the committee."
Four CWC trustees --Heather Christensen, Scott Phister, Charlie Krebs and Colton Crane --said they have experience working with Tegeler. They commended Granger for picking the company.
"They've really been great to deal with," Christensen said. "I see where you're coming from."
Phister appreciated that the choice was made through a process involving multiple employees. He said he was pleased with the outcome.
"I've dealt with this company (in) multiple business matters," he said. "They've been excellent."
Get your copy of The Ranger online, every day! If you are a current print subscriber and want to also access dailyranger.com online (there is nothing more to purchase) including being able to download The Mining and Energy Edition, click here. Looking to start a new online subscription to dailyranger.com (even if it is for just one day)? Access our secure SSL encrypted server and start your subscription now by clicking here.