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ESTATE-2908 - USA (Rochester, New York) - RFI for Student Accident Insurance Broker Services - Deadline February 13,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: ESTATE-2908

Government Authority located in Rochester, New York; USA based organization looking for expert vendor for student accident insurance broker services.

[A] Budget: Looking for Proposals

[B] Scope of Service:

(1) Vendor needs to provide student accident insurance broker services including accident medical expense benefits, supplemental health insurance, and other student accident-related coverage, for all enrolled students, grades pre-kindergarten to the government authority located in Rochester, NY.
- Thorough review of all existing coverages and written recommendations to general counsel regarding changes in coverage based on such items as unintentional self-insurance, gaps in coverage, restrictive limits, policy language, cost of coverage; and develop, plan, and design recommendations and plan improvement opportunities, such as risk retention and transfer, deductible plans, endorsements and premiums.
- Prepare an unbiased market analysis and forecast by line of insurance, prior to each renewal.  Such analysis must include pricing and market trends, industry status, availability of coverage and the long-term direction of the market, including the capacity and financial stability of key insurance carriers.
- Provide final draft of a market proposal/strategy to General Counsel for approval prior to marketing of the program.
Prepare market submissions based on data provided by general counsel.  
Facilitate completion of applications and gathering of other underwriting data.  
Provide recommendation for trending increases in order to reflect reasonable appreciation of property values.
- In conjunction with General Counsel, design or draft and negotiate insurance policy language on behalf of the District as needed.
- Conduct and prepare a cost benefit analysis or simulation model to aid general counsel in the determination of the proper retention levels for each line of coverage.
(2) All questions must be submitted no later than January 28, 2020.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

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

Expiry Date : Thursday, 13 February, 2020

Question Answer Deadline : Tuesday, 28 January, 2020

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

Country : USA

State : New York

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