Description
The Laurel Springs School Board of Education is seeking a qualified New Jersey‑licensed insurance brokerage firm to serve as the Broker of Record for its health‑insurance program for the 2026‑2027 fiscal year. The broker will negotiate, analyze, and recommend health‑ and prescription‑insurance options, provide competitive market proposals, assist with budget planning, and act as the liaison between the district and carriers throughout the contract term, with optional renewals for additional years. The contract is a one‑year term (July 1 2026 – June 30 2027) with up to two one‑year extensions, and the district may terminate with 30‑day notice. The firm must submit a complete, signed package by the deadline, disclose commission percentages, and meet extensive compliance certifications.
• Act as the official Broker of Record for health, prescription, and dental coverage (NJ Solutions HIF & Horizon Blue Cross/Blue Shield).
• Provide negotiation, market analysis, and ongoing liaison services for the district’s insurance needs.
• Must be a NJ‑certified insurance brokerage with ≥10 years experience serving school boards, maintain $1 M per‑incident professional liability coverage, and submit extensive certifications (political‑contribution, Iran/Russia, non‑collusion, etc.).
• Submission deadline: April 30 2026 10:30 a.m.; contract term: July 1 2026 – June 30 2027 (potentially up to three years total).