Insurance Broker Services for Travel/Accident and Athletic Participants Coverages

The Maryland State Treasurer's Office is seeking proposals from qualified insurance brokers to manage and service its Blanket Travel/Accident and Athletic Participants Accident Coverages. The selected broker will be responsible for marketing, managing, and servicing existing insurance coverages, as well as any future coverages added during the contract term. This includes presenting the Office with competitive quotes, providing recommendations, placing coverage, and ensuring ongoing service and support throughout each policy year. The contract aims to secure a reliable partner capable of handling an insurance program valued between $50,000 and $200,000, with a focus on efficiently meeting the state's insurance needs in these specific areas. The solicitation, identified as BPM045217, was posted on July 9, 2024, with a deadline for responses set for July 30, 2024. The contract is managed by the Maryland State Treasurers Office under the State and Local Government (SLED) organization, with the primary point of contact being Kris Chewlin. Interested parties can find additional details and submit their proposals through the provided online portal. The contract emphasizes the importance of competitive pricing, comprehensive service, and the ability to adapt to future coverage requirements within the specified budget range.