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.
|Property & Casualty Insurance Brokerage Services||February 15, 2021||
|Question and Answer Document||April 16, 2021||
|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|