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  5. ›Insurance Broker of Record - UWs Student Health and…

Department of Administration·Wisconsin

Insurance Broker of Record - UWs Student Health and Security, Study Abroad, & Other Student Benefits

Closes 9/29/2026$500k – $2MRequest for Proposal
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Description

The State of Wisconsin, represented by the Department of Administration’s Bureau of State Risk Management, is issuing a solicitation for an Insurance Broker of Record to manage and place insurance coverages for University of Wisconsin student health, security, study‑abroad, and other student benefit programs, and to provide associated risk‑management services. One contract will be awarded to the selected vendor. • Place and administer insurance policies covering student health, security, study‑abroad, and other benefit programs. • Provide ongoing risk‑management consulting and support to the State’s risk management office. • Serve as the official broker of record, handling policy renewals, claims coordination, and compliance reporting. • Must meet all state procurement and insurance licensing requirements. • Contract term and budget are not specified in the solicitation; expect a multi‑year engagement.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Joshua Junig

[email protected]

(608) 267-2725

Key dates

Opened
8/21/2026
Questions due
9/29/2026
Closes
9/29/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
524210
Solicitation №
AD271158

Budget estimate

$500,000 – $2,000,000

The solicitation does not disclose a contract value. Based on comparable state‑level insurance broker contracts for university benefit programs, annual fees typically range from $400,000 to $1.5 million, with multi‑year agreements potentially reaching $2–3 million total. Factors influencing the budget include the scope of coverages (health, security, study‑abroad), the size of the student population, claim‑handling responsibilities, and any risk‑management consulting services required.

AI estimate from the solicitation

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