Insurance Broker Services

Solicitation STATE 0000000596SL is issued by the Missouri Office of Administration, Division of General Services, Risk Management Section, to secure professional insurance broker services. The selected contractor will manage a diverse portfolio of policies, including aircraft liability and hull, auto physical damage, property, inland marine, statewide crime, public officials, and state fair insurance. Key requirements include a minimum of three to five years of experience in public entity insurance brokerage and the provision of driver safety training at quarterly fleet meetings for 50 to 100 participants. The contract allows for an initial term with the option for three additional one-year renewals and requires the contractor to designate a liaison within five business days of authorization and submit insurance market requests within ten calendar days. Proposals must be submitted electronically via MissouriBUYS by October 20, 2026, and must include a series of specific exhibits covering technical qualifications, organizational experience, and business compliance, such as tax compliance and anti-discrimination certifications. Award decisions will be based on the lowest and best proposal, considering price, vendor responsibility, and a subjective rating system. Administrative terms include annual invoicing via Electronic Funds Transfer, a five-year financial record retention period, and a thirty-day written notice for termination for convenience. Additionally, the state maintains the right to request the removal of contractor personnel without cause and may cancel the contract if the use of AI or machine learning technologies poses unacceptable cybersecurity risks.