Overview


Financial, Legal, HR & Staffing
Minneapolis, Minnesota, United StatesPosted about 2 months agoDeadline: April 29th, 2026

Fit Score


Settle Intelligence

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SUMMARY


Seeking an insurance broker to evaluate and manage insurance policies, assess risks, make recommendations, and prepare bid specifications for a county government in Minneapolis, Minnesota.

KEY REQUIREMENTS


BUDGET

Estimate

$500,000 – $2,000,000

CONTRACT DURATION


36 months

TIMELINE


March 11th, 2026: Release of RFP

April 9th, 2026: Closing date for all questions

April 29th, 2026: Proposal due date

August 22nd, 2026: Effective start date of contract

QUESTION DEADLINE


April 9th, 2026

Issuing Agency


Hennepin County

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The selected vendor will provide professional insurance broker services for a government authority located in Minneapolis, Minnesota for an initial three-year term. Responsibilities include developing a comprehensive understanding of the county's areas of insurance exposure, evaluating existing insurance contracts and claims history, and making recommendations for changes, modifications, consolidations, or additions in terms, conditions, and coverage limits needed to protect the county's interests.

The vendor will also be responsible for identifying programs, products, and insurers that can meet the county's insurance needs. Additionally, the company must prepare bid specifications for markets capable of quoting on upcoming renewals, ensuring that all insurance requirements are met and optimized for the county.

Source attribution

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

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