Comprehensive Property and Casualty Insurance Broker Services

Overview

Financial, Legal, HR & Staffing

Santa Barbara, California, United StatesPosted 30 days agoDeadline: May 5th, 2026

Fit Score

Settle Intelligence

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SUMMARY

The district in Santa Barbara, California seeks a broker for comprehensive property and casualty insurance consulting, program evaluation, and policy servicing.

KEY REQUIREMENTS

Must have a current license issued by the California Department of Insurance
Must have a minimum of five years of expertise and experience in providing insurance brokerage and consulting services with emphasis on the public sector
Must have no prior history of corrective action with the California Department of Insurance
Must provide an independently audited financial statement for the last fiscal year
Must provide firm pricing for the optional two-year extension period
Must be able to provide a minimum of three references from California public sector entities comparable to MTD
Must provide proof of financial ratings from the Rating Bureau A.M. Best
Must designate a service team and team leader in writing

BUDGET

Estimate

$150,000 – $300,000

CONTRACT DURATION

36 months

TIMELINE

Solicitation Issuance Date: April 7th, 2026

Clarification & Request Due: April 21st, 2026

Proposal Due Date/Time: May 5th, 2026

Award Consideration Date: June 2nd, 2026

Contract Execution: July 1st, 2026

QUESTION DEADLINE

April 21st, 2026

Issuing Agency

Santa Barbara Metropolitan Transit District

Organization overview and procurement intelligence available on paid plans.

See Issuer Research

DESCRIPTION

The government authority in Santa Barbara, California is seeking a vendor to provide comprehensive property and casualty insurance broker services. The selected broker will offer insurance consulting and brokerage support to assist in securing property and casualty insurance coverage.

Key responsibilities include exploring strategies for both traditional and alternative risk financing programs, conducting a comprehensive evaluation of the district’s insurance programs, and performing ongoing, proactive reviews and analyses of existing insurance policies and claims history. The broker is expected to prepare unbiased assessments of program alternatives and make well-informed recommendations regarding changes, modifications, consolidations, or additions needed for insurance program terms, conditions, and coverage limits to adequately protect the district.

Additional duties involve designing marketing programs, recommending alternatives and strategies for obtaining coverage, providing a complete insurance summary of all current policies, and servicing policies placed for the district. This includes processing changes in exposure, coverage, and endorsements.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.