Insurance Brokerage Services

The University of Minnesota is seeking a qualified insurance brokerage firm to place and service a broad schedule of commercial insurance policies and to provide risk‑management consultation as needed. The broker may be asked to handle multiple lines of coverage, with the University reserving the right to split lines among several brokers. Captive management services for General/Professional Liability, Auto Liability, and Non‑Profit Organization Liability are excluded. Respondents must submit a complete electronic proposal by the hard deadline; questions are due by 10/21/2026. The University may require oral presentations, site visits, or demonstrations, and may award one or multiple contracts. • Scope: Placement and ongoing service of commercial insurance policies across various exposures. • Exclusions: Captive management for General/Professional Liability, Auto Liability, Non‑Profit Organization Liability. • Submission: Online via MBID system, hard close on 11/12/2026, mandatory attributes, no paper submissions. • Evaluation: Based on best value; University may split lines, award multiple contracts, or not award at all. • Requirements: Ability to provide risk‑management consultation, comply with University terms, possible oral presentations or site visits.