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Insurance Placement and Brokerage Support

Active
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The New York State Bridge Authority is seeking a subcontractor for insurance placement and brokerage support. The selected provider will perform specialized marketing and placement services for prime brokers, focusing on risk marketing to insurance carriers and the negotiation of policy terms to ensure full conformity with agency specifications. To be eligible for this role, the provider must hold professional licensure in insurance brokerage. Key deliverables for this contract include the successful placement of insurance policies and the provision of a summary statement confirming coverage conformity. The solicitation was posted on October 16, 2026, with a response deadline of December 7, 2026. This opportunity falls under NAICS code 524113.

General Info

NY State Bridge Authority seeks licensed insurance brokers for placement and brokerage support.

Place of Performance

NY, USA

Set-Aside

NONE

Documents

This scope was carved out of 2140000.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

BA-2026-OA-017-IN Bridge Property and Loss of Revenue Insurance

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Timeline

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Organization & Contact Information

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AgencyNew York → Bridge Authority, NYS
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs specialized marketing and placement services for prime brokers on New York State Bridge Authority insurance procurements. Markets risk to insurance carriers and negotiates policy terms to ensure conformity with NYSBA specifications. Requires professional licensure in insurance brokerage. Delivers placed insurance policies and a summary statement of coverage conformity.

Similar Contracts

Same NAICS industry code

More opportunities from New York → Bridge Authority, NYS

Same awarding agency

NAICS: 524210
New
SLED
BA-2026-OA-017-IN Bridge Property and Loss of Revenue Insurance
Solicitation # 2140000
The New York State Bridge Authority is soliciting proposals for Bridge Property and Loss of Revenue Insurance, specifically Inland Marine specialized property, for its bridge system. This system comprises seven long span bridges, including five tolled vehicular Hudson River crossings, along with associated approach spans and infrastructure. The required coverage features a total limit of liability of 492,000,000 dollars per occurrence. The contract term consists of three one-year contracts with the option for two additional one-year extensions, with the initial policy period running from January 1, 2026, to January 1, 2027. Proposers must be licensed to do business in New York State and are required to identify up to three primary and two alternate insurance companies for coverage solicitation. Proposals will be evaluated based on compliance with technical specifications, with a negative impact on scoring if enhancements lead to additional costs. The Authority will consider proposals both with and without terrorist coverage, weighing the cost against the benefit. Risk sharing, pooling, and multi-year joint risk ventures are strictly prohibited and will result in a proposal being deemed unresponsive. Submission requirements include a summary statement of coverage, insurer ratings from A.M. Best, and a comprehensive set of appendices covering MWBE and SDVOB utilization, anti-discrimination certifications, and vendor responsibility questionnaires. The incumbent vendor is Brown and Brown, formerly Risk Strategies Inc.
Insurance Agencies and Brokerages

POSTED

3 days ago

DEADLINE

in about 2 months
View Details

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