New York State Contract Reporter #R27-001

Nassau Community College Solicits Comprehensive Insurance Brokerage Services

Nassau Community College, part of the State University of New York system, is seeking proposals for comprehensive insurance brokerage services. - Government Buyer: - Nassau Community College, Office of Procurement (Laurie Parise, primary contact) - Scope of Services: - Comprehensive insurance brokerage - Insurance program management - Risk assessment and advisory - Claims management and advocacy - Insurance marketing, placement, renewals, and policy administration - Account management - Requirements: - Minimum 10 years of experience serving public or higher education entities - Disclosure of commission rates and any additional compensation - Brokers must not contact insurance markets on behalf of the College; all communications through Procurement Office - Current/Previous Vendor: - Marshall & Sterling (incumbent) - Insurance Program Includes: - Student Professional, Equipment Breakdown, Directors & Officers, Pollution Liability, and Crime coverage - Evaluation Criteria: - Qualifications, experience, references, methodology, cost, and M/WBE participation - Contract Details: - Five-year term with no renewal options (possible extensions by mutual consent, not to exceed five years total)

Description

Nassau Community College is seeking proposals from qualified and experienced firms to provide comprehensive insurance brokerage services, including insurance program management, risk assessment, and claims management. The successful proposer will also serve as the primary insurance advisor and advocate for the College. The contract term is anticipated to be five years with no renewal options. The College currently holds a contract with Marshall & Sterling for these services, which expires in January 2027.

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