ESTATE-2382 - USA (Sacramento, California) - Property Insurance, Nuclear Property and Casualty Insurance, Surety Bonds and Related Issues Services - Deadline July 12,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: ESTATE-2382

Government Authority located in Sacramento, California; USA based organization looking for expert vendor for property insurance, nuclear property and casualty insurance, surety bonds and related issues services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide property insurance, nuclear property and casualty insurance, surety bonds and related issues services to provide risk management consulting and insurance broking services to the government authority located in Sacramento, CA.
- Agreed annual fees for services,
- Hourly fees or per project fees for ancillary services if required and authorized in writing,
- Broking and consulting - provide analysis, recommendations and development of the most cost-effective and beneficial designs, strategy, negotiation, and placements of insurance, contract reviews and risk evaluations to meet needs,
- Policy review and issuance, penalty for late issuance - review all insurance policy contracts for completeness and accuracy against specifications and negotiated coverages and provide written certification of completeness and accuracy,
- Manu scripting - draft manuscript policy language required for specialty or other non-standard coverages, based on instructions to obtain protection regards as optimum with respect to breadth and depth of coverage and cost considerations,
- Stewardship report and insurance summary, late penalty: an overview of marketing and changes in the programs since the previous report,
- Claim negotiation – assist in claim negotiations with insurers, adjusters and with sureties’ representatives, including development of negotiation strategy, research, actuarial accounting, data accumulation and presentation to insurers,
- Run-off services: provide all customary broker functions for run off services associated with insurance programs in existence and open claims at the start of this contract, including policy amendments, premium adjustments, underwriter relations and negotiations, certificate issuance, and assistance with claim negotiations,
- Market Status: Advise on all casualty, executive risk, cyber and related market conditions, capacity, claim trends, and utility risk management practices,
- Independent third-party loss control engineering inspections and reporting: contract with an independent entity not owned by or affiliated with the broker to provide inspections and property and fire loss control engineering reports for and each facility.
(2) A pre-proposal conference had been held on June 24, 2019.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Not Applicable

Expiry Date : Friday, 12 July, 2019

Pre-proposal Conference Date : Monday, 24 June, 2019

Category : Real Estate, Brokerage Services, Maintenance, Repair and Alteration of Property

Country : USA

State : California

RFP Expired

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