Wisconsin eSupplier #AD271158

Insurance Broker of Record for Universities of Wisconsin Student Benefit Programs

The State of Wisconsin Department of Administration, Bureau of State Risk Management, is seeking proposals for an Insurance Broker of Record to support Universities of Wisconsin student benefit programs. - Government Buyer: - Department of Administration, Bureau of State Risk Management, State Bureau of Procurement - Contact: Joshua Junig - Scope of Services: - Insurance brokerage for Student Health and Security, Study Abroad, and Other Student Benefits - Risk management consulting, claims monitoring, policy interpretation, market analysis, negotiation with insurers, reporting, and program administration - Current Broker: - Arthur Gallagher (incumbent, contract expiring) - Contract Structure: - Initial term of three years - Up to three one-year renewal options - Possible month-to-month extension for transition or solicitation - Notable Requirements: - Ability to place comprehensive student-related insurance coverages - Expertise in risk management for higher education - Support for claims, policy interpretation, and program administration - No specific OEMs or insurance carriers named; focus is on broker services

Description

The State of Wisconsin, represented by the Department of Administration, Bureau of State Risk Management, is seeking proposals for an Insurance Broker of Record. The broker will be responsible for placing insurance coverages specific to Student Health and Security, Study Abroad, and Other Student Benefits. Additionally, the broker will provide risk management services as needed. The solicitation aims to award one contract for these services.

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