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Insurance and Risk Management Consulting Services
Town of Leesburg
The buyer is seeking proposals from qualified firms to provide insurance and risk management consulting services. The services include addressing liability and insurance needs for property, general liability, law enforcement liability, public officials liability, automobile liability, crime, environmental, Line of Duty Act, workers' compensation, cyber security, and other similar insurances. The buyer intends to award a single contract with an initial term of one year, with renewal options for up to four additional one-year terms.
- 1/8/2024 - Question Deadline
- 1/22/2024 - Proposal Due Date
- 12/20/2024 - Pre-Proposal Meeting
- Minimum five years' experience in risk management and insurance consulting services with CIC, CEBS, CPCU or ARM designation or equivalent
- Review insurance renewal policies and prepare annual report
- Assess insurance provider's stability, solvency and service records
- Assist in negotiating and managing renewals of individual coverage policies
- Review loss runs for workers' compensation, auto, general liability quarterly
- Provide ongoing risk/loss exposure identification and mitigation suggestions
- Audit all policies, endorsements, and rating adjustments
- Assist with claims reporting, handling, and settlement recommendations
- Review Certificates of Insurance provided by vendors and contractors
- Provide timely, written interpretation of coverages
- Assist in ascertaining replacement cost value for property
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