Risk Management and Commercial Insurance Brokering Services

The government authority located in Oakland, California is seeking professional risk management and commercial insurance brokering services. The agency is trying to reduce its total cost of risk through proactive, efficient, and data-informed risk management strategies. The ultimate goal is to protect and preserve ratepayer dollars through cost-effective program design, coverage placement, and stewardship of the district's insurance and risk financing resources. The requested scope of work covers comprehensive support in the areas of loss control consultation, claims consultation, claims audit support, contract analysis support, alternative risk transfer analysis, captive insurance support services, and the marketing, placement, and servicing of commercial property and casualty insurance coverages. The selected partner must provide loss control consultation and related risk mitigation support, as well as claims consultation, advocacy, claims trend analysis, and claims audit support. The agency also requires contract analysis support, including the review of insurance and risk transfer provisions. Additionally, the service provider must be prepared to evaluate, recommend, and support alternative risk transfer and risk financing strategies, providing objective recommendations regarding the feasibility, advantages, disadvantages, financial implications, and operational considerations of such alternatives. Eligible bidders must be onshore organizations based in the United States. The agency requires the performance of the work to be conducted offsite. The budget is open, and the agency is currently looking for proposals to determine the cost. The agency has scheduled a pre-bid meeting for June 8, 2026.