Description
The City of Coffeyville is seeking a qualified insurance brokerage firm to provide placement, advisory, and risk management services for its municipal property and liability insurance program. The City currently has its portfolio handled by two brokerages and seeks to consolidate this to a single broker that can work as a strategic partner and advisor. The selected firm will be responsible for marketing the insurance program, coverage analysis, claims advocacy, risk management support, annual stewardship reporting, and ongoing advisory services. The proposal should include firm background, municipal experience, service plan, fee structure, and at least three municipal references.
Some key points to consider:
• The City is looking for a single broker to handle its municipal property and liability insurance program.
• The selected firm will be responsible for a range of services, including marketing, coverage analysis, and claims advocacy.
• The City values expertise in alternative risk management solutions, such as risk pools and self-insurance structures.
• The evaluation criteria include experience (30%), service plan (25%), fees (25%), and references (20%).