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Lexington-Fayette Urban County·Kentucky

Insurance Brokerage and Consultation Services

Closes 10/30/2026$100k – $300kRequest for Proposal
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Description

The City of Lexington is seeking a qualified insurance brokerage and consulting firm to provide comprehensive insurance program management, policy procurement, risk assessment, and ongoing advisory services for municipal operations. The contractor will act as the city’s primary insurance broker, handling all property, casualty, workers’ compensation, and related coverage, while delivering strategic recommendations to optimize risk exposure and cost efficiency. • Scope includes policy analysis, market research, and placement of insurance contracts. • Ongoing claims advocacy and renewal negotiations. • Required to submit a single‑page PDF response by the stated deadline. • Must be capable of serving a municipal client with diverse insurance needs.

Attached files

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

Contact

Sondra Stone

[email protected]

(859) 258-3320

Key dates

Opened
9/16/2026
Questions due
10/16/2026
Closes
10/30/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
524210
Solicitation №
RFP-43-2026

Budget estimate

$100,000 – $300,000

No contract value is disclosed. Based on typical municipal insurance brokerage contracts for a mid‑size city, annual fees (including commissions and consulting retainers) often range from $100,000 to $300,000, depending on the breadth of coverage and claim volume. The estimate assumes a multi‑year agreement with annual renewals.

AI estimate from the solicitation

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