ESTATE-3005 - USA (Perris, California) - Property and Casualty Insurance and Broker Services - Deadline March 19,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: ESTATE-3005

Government Authority located in Perris, California; USA based organization looking for expert vendor for property and casualty insurance and broker services.

[A] Budget: Looking for Proposals

[B] Scope of Service:

(1) Vendor needs to provide property and casualty insurance and broker services to the government authority located in Perris, CA.
A. Insurance Marketing
1. Broker will develop, recommend, negotiate and place insurance and risk financing programs including contracts, techniques and methods for all coverages agreed to between district and broker.
2. Broker will review each district’s insurance policy for accuracy and completeness of coverage before delivering to district. Any deficiencies will be identified by Broker and the corrective action taken.
3. Broker will assist district in the gathering and preparation of underwriting information and completion of insurance applications. Broker will not assume responsibility for the accuracy and completeness of such information and shall be entitled to rely on information provided by district and its employees. Those applications requiring signature shall be signed by an authorized representative of district.
4. Broker shall become familiar with district’s current activities, exposures, insurance coverage, loss-related data and other material changes.
5. Broker will administer all aspects of district’s relationship with insurance companies including, but not limited to, billings in connection with selected programs, reporting data, compliance with negotiated requirements and claims administration.
B. Risk Management
1. Participate in the development and improvement of risk-control programs.
2. Participate in the evaluation of risk-financing opportunities and alternatives that may be available to the District.
3. Evaluate and monitor each insurer’s financial status and advise the district immediately of any adverse developments that might impact existing or renewal insurance placements.
C. Claims
1. Broker will participate in any claim or administrative settlement discussions and communications with insurance carriers.
2. Broker will develop a claims procedure manual for district.
3. Broker will review District’s losses on a quarterly basis and meet with District to monitor these losses on an as needed basis.
D. Insurance Certificate
1. Broker will issue proper documentation as needed by district’s including but not limited to: certificates of insurance, confirmations of coverage, policy summaries, etc.
2. Broker will assess district’s’ incoming certificates of insurance policy and procedures and make recommendations accordingly to meet district’s risk management needs.
(2) All questions must be submitted no later than March 3, 2020.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Not Applicable

Expiry Date : Thursday, 19 March, 2020

Question Answer Deadline : Tuesday, 3 March, 2020

Category : Real Estate, Brokerage Services, Maintenance, Repair and Alteration of Property, Marketing and Branding, Medical Billing and Coding

Country : USA

State : California

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