Insurance Broker Services (RFP #903007)

Michigan State University is seeking a qualified insurance broker to provide marketing, placement, and servicing of the university's insurance policies. The selected firm will be responsible for performing a market analysis of current coverage, providing contract review, and managing claims. The contract term will be three years with an optional two-year extension. The university requires the firm to have at least five years of experience providing insurance brokerage services to higher education institutions and to be properly licensed in the state of Michigan. • The firm must have demonstrated experience with the type of insurance coverage required. • The firm must be able to utilize international insurance providers. • The firm must provide a detailed description of their experience in providing insurance brokerage services to higher education clients. • The firm must describe their unique strengths, resources, or expertise that would be most relevant to the university. • The firm must provide information on their proposed account team and describe the roles and responsibilities of their claims staff.