DOCUMENT

RFP - Property Insurance - Broker Services 2005

  • YEAR CREATED: 2005
  • ENTITY TYPE: City/Township
  • TYPE OF DOCUMENT: RFP - Request for Proposals
The document is a solicitation for property insurance and broker services by the City of Glendale. The document includes a questionnaire for potential insurance brokers to complete, as well as information about the desired property insurance coverage. The questionnaire asks about the firm's experience with insurance placements for this type of account, how they select carriers for proposals, their approach to negotiating insurance wording, and the in-house services they offer. It also asks about the firm's role in policyholder coverage disputes, claim settlements with insurers, and identifying and disclosing risks and coverage gaps. The document also includes questions about providing renewal and alternate quotations, market forecasts, loss history information, attending city meetings, issuing binders and certificates, allowing access to working files, and disclosing compensation arrangements. The desired property insurance coverage includes information about covered property, covered perils, desired provisions, and extensions of coverage. The document requests a coverage summary and specimen copy of the policy(ies) to be issued.
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