Risk Insurance Broker Services

Overview

Financial, Legal, HR & Staffing

Tavares, Florida, United StatesPosted 17 days agoDeadline: May 20th, 2026

Fit Score

Settle Intelligence

Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.

SUMMARY

The government in Lake, Florida is seeking a broker to manage its comprehensive multi-tiered risk insurance program, including renewals, market assessments, and annual reporting.

KEY REQUIREMENTS

Must have a minimum of five years of experience with Florida public entities of similar size
Must have a valid license to operate in the State of Florida
All insurance carriers must have an AM Best Rating of Excellent, A rated or better
Must provide proof of Sunbiz.org registration
Must provide proof of insurance or evidence of insurability
Must provide three verifiable references for projects completed within five years
Must be able to provide a current financial statement or certified audit upon request

BUDGET

Estimate

$50,000 – $250,000

CONTRACT DURATION

60 months

TIMELINE

Questions due by May 13th, 2026.

Closing date for submissions is May 20th, 2026.

QUESTION DEADLINE

May 13th, 2026

Issuing Agency

Lake County

Organization overview and procurement intelligence available on paid plans.

See Issuer Research

DESCRIPTION

The government authority in Lake, Florida is seeking a vendor to provide risk insurance broker services. The agency's risk insurance program covers a comprehensive range of policies, including General and Excess Liability (encompassing property, auto, general, errors & omissions, employee benefits, workers compensation, historic building valuation, sexual abuse and harassment), Cyber Risks Liability, crime, boiler & machinery, storage tank, pollution, blanket accident insurance (probation), and statutory accidental death and dismemberment tailored for Firefighters and Sheriff Officers.

Coverage is structured in three tiers: the first includes a Self-Insured Retention (SIR) of $100,000; the second is a primary policy covering the first $1,000,000 above the SIR (with sub-limits for Wind/Hail, Flood, Earthquake, and Builders Risk); and the third tier is an excess/umbrella policy totaling $159,000,000. The selected broker will coordinate renewal applications, pricing, and policy changes at least ninety days before renewal, and annually provide both a detailed assessment of current market conditions and a report summarizing all insurance coverage, anticipated market trends, and actionable recommendations. The contract is for a one-year term.

Source attribution

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