Property Casualty Insurance Consultant Broker
The City is seeking qualifications for services of a consultant/broker to provide the following services related to property/casualty insurance coverages:
1. Professional consultation and participation in the preparation of specifications required to issue Requests for Proposal (RFP) for insurance programs which may include but are not necessarily limited to:
A. Property (buildings and contents) including boiler and machinery coverage
B. Vehicle (property damage and liability) currently handled by Fleet Services
C. Workers Compensation Stop/Loss Insurance
D. Specialty Coverages (including surplus lines) for items peculiar to City operations
E. Special Event Coverages
2. Evaluation of proposals received in response to RFP's pertaining to the above listed coverages and development of a recommendation to the Director of Human Resources, City Manager, and/or City Board of Directors.
3. On request, analysis of property/casualty program structures regarding variables such as policy change options, funding alternatives and premium rating. Additionally, such analysis will include recommendations for plan changes for use by the Director of Human Resources and the City Manager.
4. On request, analysis of utilization data and data regarding the effectiveness of programs. This analysis will include recommendations regarding program changes which will improve the efficiency of the program.
5. Contacting providers of coverage directly on the City's behalf to reconcile contract issues or to serve as a representative of the City in negotiating contract details with providers.
6. Provide access to the City Human Resources Department for short answers on day-to-day issues concerning these coverages.
7. Advise the City on issues related to changes in insurance markets and legislation at the federal, state, and local (central Arkansas) levels.
