Excess Liability Insurance

The County is seeking proposals to establish a three-year excess general liability insurance contract for Collin County, with an option to extend for two additional one-year periods. The contract aims to provide excess coverage over the County’s current self-insured retention levels, which began on October 1, 2022. The coverage areas include commercial crime, professional liability (covering public officials errors and omissions, employment practices, and employee benefits administration), law enforcement liability (including armored car operations), and pollution. The County is interested in excess coverage options that provide either $3 million or $5 million in coverage, with self-insured retentions (SIR) of either $1 million or $2 million, depending on the proposal. The contract size is estimated to range between $500,000 and $1.5 million, and the procurement process is managed by Collin County, Texas, with a response deadline of October 10, 2024. The solicitation includes detailed instructions for proposers, including a worksheet for listing any exceptions to the RFP requirements, ensuring transparency and clarity in submissions. Additionally, proposers are required to submit IRS Form W-9 for tax identification purposes, which is standard for tax compliance but not part of the contractual obligations. The primary point of contact for this procurement is Marci Chrismon, reachable via email or phone. The project is posted on the county’s procurement portal, providing further details and submission guidelines. Overall, the county seeks a qualified vendor capable of providing comprehensive excess liability coverage tailored to its specific self-insured retention levels and coverage needs, ensuring financial protection in various liability areas.