Insurance Brokerage and Consulting Services

Overview

Financial, Legal, HR & Staffing

New Jersey, United States; New Castle, Delaware, United StatesPosted about 1 month agoDeadline: May 1st, 2026

Fit Score

Settle Intelligence

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SUMMARY

New Castle, Delaware seeks an experienced firm to provide insurance brokerage and consulting services, including claims advocacy and advisory support for insurance-related contract provisions, over a three-year term.

KEY REQUIREMENTS

Must be a qualified licensed insurance broker
Must register and subscribe to the project in CapEx Manager
Must submit proposal electronically via CapEx
Must provide evidence of meeting minimum insurance coverages prior to contract execution
Must provide a transition plan if awarded the contract
Must provide a certificate of incorporation or similar legal business structure document
Must provide a list of up to five previous engagements within the last five years
Must provide a list of training opportunities offered to clients
Must provide a statement regarding any disciplinary action taken or pending against the firm or personnel in the past three years

BUDGET

Estimate

$150,000 – $500,000

CONTRACT DURATION

36 months

TIMELINE

Proposals are due by May 1st, 2026, at 11:00 a.m. local time.

Questions regarding the RFP must be submitted by April 23rd, 2026, at 11:00 a.m. local time.

QUESTION DEADLINE

April 23rd, 2026

Issuing Agency

Delaware River And Bay Authority

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority located in New Castle, Delaware seeks qualified vendors to provide insurance brokerage and consulting services for a three-year contract period. Responsibilities include assisting in determining the appropriate insurance limits and coverage to protect the assets of the commissioners and employees, as well as developing criteria for selecting qualified insurers from domestic, international, and foreign markets.

The selected vendor will review and evaluate all submitted insurance proposals, present carrier quotations, reveal commission rates received from carrier underwriters (if applicable), and make recommendations to best address cost and coverage needs. The vendor must provide a dedicated claims advocate to assist with coverage disputes, carry out carrier communications, and monitor reserves.

Additionally, the provider will advise the authority on insurance-related contract provisions for all procurements requiring competitive bidding or proposals, and supply detailed instructions and terms of coverage. The scope also includes claims cost containment strategies for workers compensation and Jones Act coverages, focusing on return to work and light or modified duty programs.

Source attribution

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