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  5. ›Request for Proposals Insurance Brokerage Services

West Deptford Township·New Jersey

Request for Proposals Insurance Brokerage Services

Closes 12/3/2025$50k – $250kRequest for Proposal
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Description

West Deptford Township is seeking a qualified insurance brokerage firm or individual to serve as the municipality’s primary insurance advisor and negotiator. The contractor will advise on coverage needs, negotiate policies with insurers, manage policy renewals, and act as the main liaison between the township and its insurance carriers. The scope includes providing professional expertise, maintaining compliance with New Jersey insurance regulations, and supporting the township’s risk‑management objectives. • Deliver comprehensive insurance program analysis and recommendations tailored to municipal operations. • Negotiate, place, and administer property, casualty, liability, workers’ compensation, and other required policies. • Manage renewal cycles, handle claims coordination, and serve as the point of contact for all insurer communications. • Provide regular reporting, cost‑saving analyses, and attend township meetings as needed.

Attached files

Contact

Barbara Lamplugh(Purchasing Agent)

[email protected]

(856) 845-4004

Key dates

Opened
3/27/2026
Closes
12/3/2025

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210

Budget estimate

$50,000 – $250,000

The RFP does not disclose a budget. Municipal insurance brokerage contracts typically range from a modest annual retainer for small towns (~$30k) up to multi‑year comprehensive programs for larger jurisdictions (~$200k‑$300k). Given West Deptford’s size and the broad scope (multiple policy lines, ongoing renewal management, and advisory services), a reasonable estimate would be between $50,000 and $250,000 per year, depending on the fee structure (percentage of premiums, flat‑fee, or hybrid).

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