Specialized Insurance Brokerage for Professional Liability Coverage

The contract requires a specialized insurance broker to secure professional liability coverage and other insurance products that meet the City’s strict requirements, ensuring all policies are issued by carriers rated A:VII or higher by A.M. Best. Coverage must include general liability, professional liability, and extended reporting periods to protect against claims arising after policy expiration. The broker must demonstrate expertise in navigating complex insurance needs while adhering to mandated carrier standards and compliance protocols. This subcontract is issued under NAICS code 524210 and managed by the Human Resources department of California, with responses due by August 4, 2026. The project remains open to qualified brokers capable of fulfilling the City’s insurance obligations without specified set-asides or geographic restrictions, and interested parties must engage through the provided procurement portal to submit proposals.