Insurance Broker Services

The Vendor is required to provide comprehensive insurance brokerage and risk management services.
- The selected broker will serve as agency professional advisor for the evaluation, placement, and ongoing management of insurance coverage supporting a public, nonprofit workforce development organization operating multiple facilities and programs across a six‑county region.
- Provide to secure a qualified insurance broker with demonstrated public‑sector and nonprofit experience who can assess organizational risk exposures, recommend appropriate insurance solutions, market coverage to financially stable and reputable carriers, and negotiate favorable terms on behalf of agency.
- Services will include a thorough review of existing insurance programs, identification of coverage gaps or redundancies, support for policy renewals and new placements, claims coordination, and ongoing risk management guidance.
- Provide responsive, objective, and transparent brokerage services that protect agency assets, operations, personnel, and programs while ensuring compliance with applicable federal and state requirements. 
- The broker must demonstrate strong insurance market access, professional integrity, and the capacity to support a dynamic organization with evolving operational and regulatory needs. 
- Compensation for services may be structured on a commission, fee‑based, or other mutually agreed‑upon basis consistent with industry standards and public‑sector best practices.
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