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  5. ›RFP GMU-ER0415-26, Insurance Broker/Risk Management…

George Mason University·Virginia

RFP GMU-ER0415-26, Insurance Broker/Risk Management Consulting Services

Closes 5/18/2026$200k – $500kRequest for Proposal
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Description

George Mason University is soliciting proposals from qualified firms to serve as its insurance broker and provide risk‑management consulting services. The contractor will be responsible for managing the university’s insurance programs, conducting risk assessments, advising on coverage options, handling claims, and delivering ongoing risk‑mitigation strategies. This effort supports the university’s need for comprehensive insurance coverage and proactive risk management across all campuses and operations. • Conduct a full insurance program audit and recommend optimal policy structures. • Provide ongoing claims administration, negotiation, and settlement support. • Deliver regular risk‑assessment reports, loss‑prevention training, and advisory services. • Serve as the single point of contact for all insurance carriers and policyholders. • Maintain compliance with applicable federal, state, and institutional regulations.

Attached files

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

Contact

Erin Rauch

Key dates

Opened
4/21/2026
Questions due
4/30/2026
Closes
5/18/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
RFP-118591

Budget estimate

$200,000 – $500,000

The solicitation does not disclose a contract value. Based on typical university insurance brokerage contracts of comparable size, annual fees generally range from $150 k to $400 k, with potential additional consulting retainers. Assuming a 1‑year contract, a reasonable estimate is $200 k–$500 k total, reflecting policy management, claims handling, and risk‑management consulting services.

AI estimate from the solicitation

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