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  5. ›Request for Proposals for Insurance Broker of Record

City of Asheville·North Carolina

Request for Proposals for Insurance Broker of Record

Closes 4/22/2026$150k – $500kRequest for Proposal
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Description

The City of Asheville is seeking an independent, licensed insurance brokerage firm to serve as its Insurance Broker of Record, handling all aspects of the municipality’s risk‑management insurance program. The broker will manage policy procurement, renewals, claims assistance, and provide strategic advice on coverage, cost‑reduction, and self‑insurance oversight for a potential three‑year term with optional renewals. • Provide underwriting support, negotiate with carriers, and administer policy renewals for property, casualty, workers’ compensation, and other municipal coverages. • Deliver loss‑management services, claim assistance, annual reporting, and develop insurance requirements for city contracts, construction projects, and SaaS agreements. • Offer cost‑reduction strategies, alternative risk solutions, and training/webinars for city staff; must demonstrate at least five years of experience serving public‑sector clients and maintain required professional liability and general liability insurance.

Attached files

Contact

Brad Stein(Project Manager)

[email protected]

Key dates

Opened
3/31/2026
Questions due
4/10/2026
Pre-bid meeting
4/8/2026
Closes
4/22/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210
Solicitation №
298-FY26-RFP-FIN-Insurance Broker

Budget estimate

$150,000 – $500,000

The solicitation does not disclose a budget. Comparable municipal insurance brokerage contracts for mid‑size cities typically range from $150,000 to $500,000 per year, depending on portfolio size, number of policies, and scope of ancillary services (claims support, training, reporting). Assuming a three‑year maximum term, the total contract value could be roughly $450,000‑$1,500,000.

AI estimate from the solicitation

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