County of Meriwether Sealed Solicitation
Title: REQUEST FOR QUALIFICATIONS FOR INSURANCE BROKER
Deadline: 4/23/2019 12:00 PM (UTC-05:00) Eastern Time (US & Canada)
Status: Deadline Expired
Solicitation Number: 19-002
Description:
This
RFQ contains information that is confidential and proprietary to MCBOC. All
companies that receive this RFQ and all companies that choose to participate in
this RFQ process shall keep this RFQ and the information they provide in
response to this RFQ confidential.
1.
BACKGROUND INFORMATION
MCBOC is a governmental entity in
Greenville, Ga.
MCBOC seeks to engage a vendor as Insurance Broker for
Property & Liability Insurance Coverage. The broker awarded the contract
would receive Broker of Record Assignment on or about May 08, 2019 and commence
renewals for the expiring year and one renewal term. Should MCBOC elect to
remain in the ACCG pool of insurance, the Agent/Broker of Record Assignment
will become null and void.
The
submission of a proposal in response to this RFQ will permit MCBOC to evaluate
objectively the capabilities of your firm and pursue an ongoing dialogue of
insurance services. This contract
will be awarded to one firm which will
handle Property/Liability coverage.
For
more information regarding MCBOC, please refer to our website at http:// www.meriwethercountyga.gov or
contact the administrative staff.
SCOPE
OF SERVICES
The
Offeror, also referred to as the Insurance Broker, will be required to provide
full insurance services necessary to minimize risk exposure for MCBOC. All
brokers submitting proposals shall be currently licensed and authorized to do
business in the State of Georgia.
The
Insurance Broker’s responsibilities shall include but not be limited to the
following:
a.
Negotiating renewal
of policies and endorsements. Seek competitive quotes and provide advice and
recommendations for consideration. Prepare all necessary bid specifications to
insurers, evaluations of bids, coverage and premium analysis and recommendation
of carrier.
b. Review policies and endorsements for accuracy and
conformance with negotiated coverage’s.
c. Insure the timely issuance of policies and endorsements.
d.
Analyze and review all carrier proposed
settlements, claims history,
claims processing, and other plan costs and expenses to
provide information and recommendations.
e. Assisting MCBOC in settling claims.
f.
Provide MCBOC with
reasonable preliminary renewal figures during the budget process. Where appropriate, including financial modeling
such as employer/employee contribution
comparatives.
g.
Providing insurance
industry updates, trends
of the market and impacts anticipated on the financial
budget of MCBOC as requested or as directed by critical market activity.
h.
Advising on risk management including but not limited to new types coverage which may be applicable, trends in emerging risks, etc.
i.
Assisting with
contract language consulting as needed throughout the year.
j.
Assisting with insurance plan including but not limited
to offering a variety of communications
such as electronic media, group meetings etc.
k.
The broker shall provide
MCBOC on an annual basis
a schedule detailing the coverages placed through the firm.
l. The broker shall provide training to staff and shall assist county to maintain credentials of being a "Drug Free work Place".
Please
submit any questions regarding this RFQ by e-mail to b.gregory@meriwethercountyga.gov no later than April 15, 2019. MCBOC will aggregate
the questions it receives and will endeavor to provide all participants with
email answers to those questions by April
19, 2019.
Responses to this RFQ must be received no later than
12:00 pm on April 23, 2019 and
should be delivered either by email or hard copies as described below. If
submitting hard copies you must submit 3 originals.
PLEASE DOWNLOAD COMPLETE DETAILS IN ATTACHED PDF DOCUMENT
Documents:
Documents as of 4/4/2019 |
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RFQ.Insurance.Brokers.08192014.pdf |