Insurance Program Evaluation and Consulting Services

The Vendor is required to provide all labor, license, permits, staff, supervision, tools equipment, supplies, materials, insurance, and any other expense necessary to perform insurance program evaluation and consulting services.
- Objectives:
•    The consultant shall evaluate the adequacy, effectiveness, and cost-efficiency of agency current insurance programs, including but not limited to property, casualty, flood, liability (general and professional), directors’ and officers’ liability, and workers’ compensation coverage.
•    Assist the college in preparing and presenting relevant information regarding agency exposure and claims data, risk management processes, and risk reduction and control efforts to the insurance market.
•    Identify coverage gaps, duplications, and areas of potential savings.
•    Recommend program structure improvements and risk management strategies.
•    Provide independent consulting services to assist the college in decision-making for future renewals or solicitations.
•    Provide ad hoc evaluation of specific insurance or loss related questions and scenarios.
•    Provide an exposure survey and report on loss and expense projections.
•    Assist agency administration in the processing of claims as needed.