Worker's Compensation Stop Loss Insurance

The Wichita Falls Independent School District is seeking proposals for Excess Workers' Compensation Insurance. The contract is for a three-year period, with the option to renew for two additional one-year periods. The district is looking for a vendor to provide excess workers' compensation insurance with a self-insured retention of $350,000 and an aggregate stop loss attachment of $1,000,000. The vendor must be licensed by the State of Texas and have a demonstrated level of good performance with school districts in Texas. The contract will commence on September 1, 2014, and will run through August 31, 2017. Some key points to note are: • The district reserves the right to accept or reject any or all proposals. • The vendor must provide a description of services to be provided. • The vendor must have an organization that has demonstrated the ability to deliver cost-effective service and effective claims oversight on behalf of Texas school districts. • The district desires an all-inclusive flat rate price for the related services. • The vendor must submit a proposal that includes all required documentation, including a certificate of insurance and a list of school district references. Some of the key requirements for the vendor are: • The vendor must be licensed by the State of Texas. • The vendor must have a demonstrated level of good performance with school districts in Texas. • The vendor must have an organization that has demonstrated the ability to deliver cost-effective service and effective claims oversight on behalf of Texas school districts. • The vendor must provide a description of services to be provided. • The vendor must submit a proposal that includes all required documentation.