Property & Casualty Insurance Brokerage Services

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ID: 

RFP-50-21-02

Posted: 
February 15, 2021

The State Universities Retirement System (SURS) is soliciting proposals from qualified firms interested in providing property and casualty insurance brokerage services to a public pension plan.

SURS intends to engage an insurance brokerage firm to assist us in obtaining all necessary business insurance coverage (with the exception of employee health and dental insurance) and to serve as our consultant with respect to risk management issues and other insurance related matters. The current insurance brokerage providers for SURS (Tave Risk Management and Mesirow Insurance Services) are welcome to submit new proposals.

SURS reserves the right to choose a broker for all, any part, or none of the services requested. It is anticipated that the firm that is chosen will provide insurance brokerage services to SURS for up to five (5) years.

Document Name Date
Pages
Property & Casualty Insurance Brokerage Services February 15, 2021
21
Question and Answer Document April 16, 2021
3

Schedule

Description Date
Quiet Period Begins February 15, 2021
RFP Issued February 15, 2021
Participating Agencies Submit Top 3 Market Request, in Order of Priority, by Line of Coverage by 4:00 p.m. CST March 1, 2021
Insurance Markets Assigned, Agent of Record Letters and Specifications Issued to Participating Agencies March 5, 2021
Broker Questions Round 1 Due by 4:00 p.m. CST March 19, 2021
Responses to Questions/Applications Completed and Distributed April 2, 2021
Optional Site Visit 1 April 5, 2021
Optional Site Visit 2 April 8, 2021
Broker Questions Round 2 Due by 4:00 p.m. CST April 9, 2021
Response to Questions Distributed April 16, 2021
RFP Responses Due 4:00 p.m. CST April 30, 2021
Selection of Provider Announced June 3-4, 2021 
New Insurance Coverage to Begin July 1, 2021
All dates subject to change at SURS discretion