City of Gastonia #Not specified

City of Gastonia RFQ for Insurance Broker Services for Excess Insurance Acquisition

The City of Gastonia, North Carolina, is seeking qualified firms to provide insurance broker services for acquiring excess insurance for its self-insured governmental entities. - Government Buyer: - City of Gastonia, Human Resources Department - Contact: Steven Alvey, Assistant Director of Human Resources - Services Requested: - Insurance broker services for excess insurance acquisition - Risk management, insurance placement, claims management, actuarial analysis, and advisory services - Assemble a service team to address the City's insurance and risk management needs - Identify and engage with providers of excess insurance for local governments - Negotiate favorable rates and terms, and present multiple insurance options - Notable Requirements: - Experience with self-insured governmental entities - Self-insured retention of approximately $500,000 (excluding certain coverages) - Demonstrated expertise in public sector insurance, risk management information systems, loss control, and actuarial services - Ability to provide client references and demonstrate in-house capabilities - No specific OEMs or insurance carriers are named, as this is a qualifications-based solicitation for professional services.

Description

The City of Gastonia is seeking qualified firms experienced in brokering the acquisition of excess insurance for self-insured governmental entities. The project involves assembling a broker service team to address the City's insurance and risk management needs, ensuring conflict of interest procedures, and negotiating favorable rates and terms for excess insurance coverage. Brokers are expected to present multiple options and advise the City on these options. The selection process includes submission of qualifications, possible oral presentations, and virtual interviews.

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