Reinsurance Brokerage Services

The government authority located in Austin, Texas is seeking a vendor to provide reinsurance brokerage services. This agency requires assistance with the administration of areas associated with traditional reinsurance and catastrophe bonds. The selected provider will handle program placement within specified parameters, coordinate between traditional reinsurance and catastrophe bonds, and draft and administer contracts and cover slips. The scope of work also covers the marketing and syndication of catastrophe reinsurance programs. Additionally, the agency requires support with financial administration, including the handling and escrow of ceded premiums, ceding commissions, and loss payments. The chosen provider must also prepare bordereaux and loss petitions. Only organizations based in the United States are eligible to bid on this opportunity. The selected vendor will perform all work offsite over a contract period of one year. Bidders must submit any questions regarding this opportunity no later than June 10, 2026. The agency is currently looking for proposals to determine the budget, and bidders may submit their responses digitally via email or online.