Insurance Broker Services

The Vendor is required to provide insurance broker services strategic insurance, risk management, and advisory services in support of district complex wastewater treatment operations and evolving risk management.
- Requirement:
• Consultant shall provide comprehensive insurance broker services for district.
• Consultant shall provide the following services including, but not be limited to:
• Professional advice and counsel as to district insurance needs and exposures.
• Marketing and placement of district insurance.
• Assistance as needed in processing insurance claims, procurement of certificates of insurance.
• Administration of additional insured endorsements and other insurance documents.
• Other services as requested.
• Consultant shall provide strategic risk management advisory services, including support for enterprise risk management (ERM) initiatives, risk identification, risk financing analysis, emerging risk evaluation, and executive-level risk reporting support.
• Consultant shall provide a dedicated service team experienced in large public entity and utility accounts and maintain high standards of responsiveness and communication.
• Services shall include:
• Quarterly stewardship meetings (virtual meetings)
• Annual strategic renewal planning
• Timely response to inquiries and claims matters
• Executive-level escalation support
• Proactive communication regarding market conditions and emerging risks
• Consultant shall demonstrate experience serving large wastewater agencies, utilities, municipalities, or infrastructure-intensive public entities with complex property, environmental, regulatory, and operational risks.
• Consultant shall provide advisory services related to property valuation, catastrophe exposure analysis, infrastructure risk, insurer engineering coordination, and business continuity/resiliency planning.
• Consultant shall provide claims advocacy and insurer coordination services, including assistance with significant claims, coverage analysis, and claim escalation support.
• Consultant shall provide analytical and benchmarking services including loss trend analysis, total cost of risk analysis, retention analysis, and benchmarking against comparable public entities or utilities annually.
• Consultant shall demonstrate expertise in environmental liability, pollution exposures, and regulatory risks relevant to wastewater treatment operations
• Consultant shall provide insurance advisory services for construction and capital improvement projects, including builder’s risk, design-build exposures, and contractor insurance requirements.