About this opportunity
AI summaryThe Statewide Insurance Fund requires a vendor to serve as a Risk Management Consultant and Producer for the 2027 fund year starting January 1, 2027. The selected vendor will advise Fund members on operations and coverages, evaluate exposures, review assessments and losses, assist with safety committees and claim settlements, and attend Executive Committee and Fund Commissioners meetings. The contract term covers the 2027 fund year, with the Fund reserving the right to extend the appointment for an additional one-year term. Applicants must be USA-based onshore organizations. Proposals must include contact details, a statement accepting the Fund's fee schedule, staff qualifications, municipal client references, New Jersey presence details, conflict of interest disclosures, and multiple mandatory forms including a Non-Collusion Affidavit and Iran Disclosure Form. Proposals are evaluated based on technical qualifications, experience in municipal insurance, knowledge of joint insurance funds, public entity experience, municipal references, and the ability to provide timely services. Applicants must submit one original sealed paper proposal by mail or hand delivery to Parsippany, NJ, by 2:00 p.m. on November 12, 2026. Emailed and faxed proposals will not be accepted.
Buyer and opportunity details
- Client
- Statewide Insurance Fund
Scope of work
- Provide advice to Fund members on Joint Insurance Fund operation and coverages
- Evaluate Fund member exposures and explain available coverages
- Review member assessments and assist in insurance budget preparation
- Review member losses and engineering reports and assist safety committees
- Assist in the claims settlement process
- Attend meetings of Fund Commissioners or Executive Committee
- Provide loss control and risk management/producer services including premises surveys and training
- Establish and participate in a loss control committee
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| General approach to providing the services required | Not specified |
| Documented experience in successfully completing contracts of a similar size and scope | Not specified |
| Qualifications and experience of management, supervisory, or key personnel assigned | Not specified |
| Ability to perform the engagement within the timeline, including staff availability | Not specified |
Minimum qualifications
- Experience as an insurance advisor for governmental entities
- Licensed to sell insurance to public entities in the State of New Jersey
- Hold all licenses required to sell insurance to public entities in New Jersey
- Knowledge, training, and experience in all forms of municipal insurance
- Experience with and knowledge of public entity participation in joint insurance funds
Documents to include with your response
- Executive summary of not more than three pages
- Staffing plan with resumes and DOBI data forms pursuant to N.J.A.C. 11:15-2.6(c)8
- Non-Collusion Affidavit
- Disclosure of Ownership Form
- Insurance Requirement Acknowledgement Form
- Mandatory Equal Employment Opportunity Notice Acknowledgement
- Copy of applicable Business Registration Certificate
- Professional Services Entity Information Form
- Political Contribution Form
- Iran Disclosure Form
Key dates
- Issue Date
- October 13, 2026
- Response Date
- November 12 2026, by 2pm
How to submit
- Method
- Sealed hard copy
- Instructions
- Submit one original paper copy marked ORIGINAL in a sealed envelope marked Vendor Proposal to Caroline J. Conboy, Administrator, Statewide Insurance Fund, One Sylvan Way, Suite 100, Parsippany, NJ 07054. Faxed or emailed proposals will not be accepted.
Contract details
- Term
- 2027 fund year commencing January 1, 2027 or upon appointment, with an option to extend for an additional one-year term.
- Place of performance
- Parsippany, New Jersey and Offsite
- Insurance and bonding
- Vendor must obtain a faithful Performance Bond or letter of credit in an amount determined by the Fund, and name the Fund as an additional insured on all applicable policies.
