Insurance Broker Services

Overview

Financial, Legal, HR & Staffing

Santa Fe, New Mexico, United StatesPosted 17 days agoDeadline: May 11th, 2026

Fit Score

Settle Intelligence

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SUMMARY

Government authority in Santa Fe, New Mexico seeks insurance broker services for comprehensive coverage, risk control, and claims management.

KEY REQUIREMENTS

Must be a qualified insurance broker or agent of record
Must select insurance companies with a minimum financial rating of A-VII by Best's Rating Guide and Standard & Poor's
Must comply with the City of Santa Fe's Living Wage Ordinance
Must provide a Resident Business certification for local preference consideration
Must maintain copies of all data for a minimum of seven years after contract termination
Must be able to provide comprehensive brokerage, advisory, and risk management services
Must be able to place individual bonds as needed
Must be able to attend meetings of the Board or other entities when insurance matters are discussed

BUDGET

Estimate

$100,000 – $250,000

CONTRACT DURATION

48 months

TIMELINE

Issue RFP: April 20th, 2026

Pre-Proposal Meeting: April 27th, 2026

Deadline for Written Questions: April 28th, 2026

Response to Written Questions: April 29th, 2026

Proposals Due Date: May 11th, 2026

Blind Evaluation: May 12th, 2026

Interviews: May 14th, 2026

Identification of Potential Best-Valued Offeror(s): May 15th, 2026

First Clarification Meeting: May 19th, 2026

Final Clarification Meeting: May 20th, 2026

Best and Final Offers: May 21st, 2026

BDDB Approval: June 4th, 2026

Contract Award: July 1st, 2026

QUESTION DEADLINE

April 28th, 2026

Issuing Agency

City Of Santa Fe

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority located in Santa Fe, New Mexico is seeking a qualified vendor to provide insurance broker services. Required services include brokerage, advisory, and risk management for professional liability, property insurance, general liability, fire, and extended insurance coverage. The selected broker will review and assess the agency’s current insurance program, operations, exposures, and assets, and will design a comprehensive insurance package tailored to the agency’s specific risks. Consulting services, data gathering for underwriting, and loss information procurement are also expected.

Risk control services will include answering coverage, claims, and loss prevention questions, as well as recommending risk mitigation strategies and providing advice on coverage for special risks. The broker will assist in constructing and interpreting insurance and indemnity agreements and in monitoring reserves, rates, claim trends, loss control efforts, and other related metrics. Claims management services include assisting in claim preparation, filing, advocacy, and monitoring, as well as contract analysis and recommendations for modifications to reduce risk exposure.

All questions related to the RFP must be submitted by April 28, 2026. A non-mandatory pre-bid meeting will be held on April 27, 2026.

Source attribution

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