MB-4268 - USA (Virginia) - General Liability Claims Administration Services - Deadline June 30,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-4268

Government Authority located in Virginia; USA based organization looking for expert vendor for general liability claims administration services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide general liability claims administration services.
- Assume all open claims existing at the beginning of the contract term
- Assess and evaluate the nature and extent of each claim, and establish claim reserves for general damages, property loss, investigation expenses and legal expenses
- Ensure timely claim handling, including investigation and follow up to ensure timely and expeditious processing; final disposition of claim will be discussed with the city
- Make all claims payments in a timely manner; and maintain ongoing reporting of payment status with the city
- Determine the need for defense representation, recommend legal counsel, and monitor litigation activity
- Selection of defense counsel shall be by the city with input from the claims administrator
- Report claims to the excess insurer, and work with the insurer on a claim's progress, in accordance with the insurer's reporting requirements
- Penalties incurred as a result of the failure of claims administrator to comply with any statutory laws and regulations shall be the sole responsibility of claims administrator
- The city shall be notified in writing within 30 days of any penalty paid by the claims administrator and the reason for the penalty
(2) All question must be submitted no later than June 19, 2020.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Tuesday, 30 June, 2020

Question Answer Deadline : Friday, 19 June, 2020

Category : Medical Billing and Coding

Country : USA

State : Virginia

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