Opportunity

Guilford County NC MUNIS #20217

Insurance Brokerage Services for Guilford County Property and Liability Program

Posted

April 27, 2024

Respond By

June 13, 2024

Identifier

20217

NAICS

524210

Guilford County Purchasing Department in Greensboro, NC is seeking proposals for insurance brokerage services to manage its property and liability insurance program. - Government Buyer: - Guilford County Purchasing Department, Greene Street Building, Basement-Suite 072, Greensboro, NC - Services Requested: - Insurance brokerage services for property and liability insurance - Negotiation and placement of insurance coverage - Liaison with insurers and monitoring of policies - Claims management and assistance - Issuance of certificates of insurance - Detailed invoicing and risk management support - Provision of electronic risk management tools - Contract Details: - Initial term of three years, with two optional one-year renewals (up to five years total) - Pricing may be commission-based or fixed fee - Requirements: - Minimum insurance coverage levels for workers compensation, commercial general liability, and business auto - Guilford County must be named as an additional insured - Respondents must have experience with public entities of similar size and exposures, preferably with a public entity practice group and at least 50 similar clients - MWBE participation is encouraged, with a 15% aspirational goal - No specific OEMs or vendors are named, as this is a service-based solicitation

Description

Guilford County Purchasing Department is soliciting proposals from qualified firms to provide insurance brokerage services for its property and liability insurance program. The contract will be for an initial term of three years with options to renew for two additional one-year periods, totaling up to five years. The selected provider will act as the County's insurance broker, negotiating coverage terms, premiums, and placement with insurers, as well as providing claims management and risk management services. The provider must comply with specified insurance requirements and demonstrate experience with public entities similar to Guilford County.

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