DOCUMENT

RFP - Insurance Broker Services 2009

  • YEAR CREATED: 2009
  • ENTITY TYPE: State
  • TYPE OF DOCUMENT: RFP - Request for Proposals
The document is a Request for Proposal (RFP) issued by the California Department of Veterans Affairs (CDVA) for insurance-related services. The objective of the RFP is to develop a plan to effectively market and manage a group of insurance policies in the best interests of CDVA. The selected contractor will be responsible for designing, marketing, obtaining quotations, evaluating insurers' financial status, and placing and servicing the insurance policies. They will also provide recommendations on coverage and self-insured retentions, prepare underwriting specifications and bid packages, and provide ongoing assistance to CDVA. The contractor will be required to coordinate the collection of underwriting data, provide a complete copy of all current insurance policies, and prepare annual stewardship reports. They will also be responsible for designing and printing brochures and coverage documents, as well as conducting audits of the claims handling process. The RFP emphasizes the importance of communication and transparency in all interactions with CDVA. It also requires that any contacts with surplus lines brokers and other insurance intermediaries must be disclosed and receive prior written approval from CDVA.
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