Overview


Financial, Legal, HR & Staffing
Olympia, Washington, United StatesPosted about 2 months agoDeadline: May 8th, 2026

Fit Score


Settle Intelligence

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SUMMARY


The government authority in Olympia, Washington seeks a provider for insurance brokerage services, including reporting, market analysis, member support, and negotiation with carriers.

KEY REQUIREMENTS


BUDGET

Verified

$1,292,000

CONTRACT DURATION


60 months

TIMELINE


Procurement Released: March 20th, 2026

Question & Clarification Deadline: April 3rd, 2026

Submissions Due: May 8th, 2026

Notice of Intent to Award: June 12th, 2026

Estimated Award Date: June 25th, 2026

Service Commencement: July 1st, 2026

QUESTION DEADLINE


April 3rd, 2026

Issuing Agency


Washington State Transit Insurance Pool

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The government authority located in Olympia, Washington is seeking a qualified vendor to provide comprehensive insurance brokerage services. The selected firm will be responsible for preparing quarterly reports on anticipated insurance markets, renewal terms, analysis of market conditions, and recommendations for renewals. Additionally, the firm will record video segments with staff highlighting current trends in the insurance market.

The vendor will support active marketing activities to existing and prospective members, including conducting mutually agreed-upon annual visits to member locations as requested. The scope includes evaluating coverage applicability on all placed insurance and reinsurance as coverage issues arise, and delivering proactive advice while assisting in negotiations and settlement strategies with insurance carriers. All questions regarding the RFP must be submitted by April 3, 2026.

Source attribution

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

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