Insurance Consulting Services

The Vendor is required to provide insurance consultant to perform a comprehensive, independent review of the existing agency insurance policies and related risk management practices.
- Insurance Program Evaluation
• Review existing insurance policies, limits, deductibles, exclusions, and endorsements.
• Evaluate adequacy of coverage for operational risks.
• Identify coverage gaps, overlaps, or unnecessary costs.
• Recommend changes to improve coverage or reduce risk exposure.
- Cyber and Technology Risk
• Cyber liability insurance review.
• Data breach response planning.
• Ransomware and privacy exposure analysis.
• Recommend changes to improve coverage or reduce risk exposure.
- Benchmarking and Market Analysis
• Compare insurance programs against peer public agencies/authorities or industry standards.
• Analyze market conditions and pricing trends.
• Evaluate alternative insurance structures or financing mechanisms.
• Provide renewal strategy recommendations.
- Advisory Support
• Provide ongoing on-call consulting support. This is not subject to the July 15, 2026, deadline.
• Provide claims assistance if needed (paperwork and documentation). Ongoing support that is not subject to the July 15, 2026, deadline.
• Advice on coverage levels and suitable insurance products – help the agency make informed decisions regarding products and coverage to ensure a comprehensive insurance program.
• Assist in developing “marketing” information that explains the agency program and financials for the purpose of increasing marketability.
• Assist in communicating recommendations for insurance coverage to the agency insurance broker in advance of the renewal of agency insurance policies.
- Extra Services
• The agency may request extra related insurance consultant services for which the agency and the selected Respondent will work in good faith to negotiate the scope and price of such services.