Insurance and Broker Services
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The City of Mississauga is seeking a licensed insurance broker, Managing General Agent, or other qualified provider to deliver comprehensive insurance and broker services. The scope of work encompasses three primary areas: insurance program services for a portfolio of approximately 29 policies, claims advisory services including reporting and recovery strategies, and risk management consulting to support loss prevention and the establishment of self-funded ventures. The contract is designed for a five-year term with a possible five-year extension. A key requirement is the provision of a Senior Consultant who possesses a RIBO license and at least five years of direct municipal insurance experience. The procurement process follows a multi-stage evaluation involving mandatory technical requirements, rated criteria, sustainability assessments, and fixed-fee pricing. Bidders must be licensed through FSRA or RIBO and demonstrate active engagement in writing policies for municipal entities. To access the confidential Insurance Policy Summary, interested parties must sign a Non-Disclosure Agreement. The selected provider must comply with the Accessibility for Ontarians with Disabilities Act and ensure all personal and confidential data remains within Canada. Professional liability insurance requirements vary based on the total fee, requiring either two million or five million dollars per claim. All bids must be submitted electronically by October 6, 2026.
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