Actuarial and Brokerage Services

The Vendor is required to provide brokerage services provider in order to obtain excess professional liability insurance for university.
- Would assist university in evaluating its professional liability insurance program design to achieve cost-effective transfer of risk above university retained risk to financially-sound insurers.
- Marketing process with insurers on behalf of university.
- Ensure appropriate compliance by the insurers post placement.
- Invoicing process including remittance of premiums to insurers and taxes or fees to the relevant authorities.
- Provide to service the university professional liability insurance program, including, but not limited to, issuance of certificates, policy maintenance and miscellaneous requests for information.
- Approach to risk management, including those steps that will be critical to the success of university current program.
- The risk management services that may be provided by you or another affiliated vendor, and the benefits they will provide to university.
- Provides, including methodologies for projecting losses, evaluating retained risk levels, developing loss reserves, and supporting university in data-driven decision-making regarding program design and funding.

- Contract Period/Term: 2 years
- Questions/Inquires Deadline: October 23, 2025