What the buyer needs
AI summaryOakland University seeks an onshore United States organization to provide offsite athletics insurance broker services. The selected vendor will assist with soliciting and finalizing secondary athletic accident coverage, catastrophic injury coverage, and student-athlete medical expense protection, while also performing gap analysis, carrier evaluation, pricing negotiation, renewal negotiation, underwriting coordination, claim trend analysis, and loss prevention. Prospective bidders must submit questions by November 20, 2026, and submit one electronic sealed proposal online via MITN, BidNet Direct, with the cover page listing a December 18, 2026 due date and section 5.01 listing November 18, 2026 at 2:00 PM Eastern. Proposals are limited to 35 pages in 8.5-by-11-inch format with at least 11-point font and must include a brokerage fee schedule and an insurance certificate or agreement to meet insurance requirements. Oakland University will evaluate proposals on a 100-point scale that includes relevant experience (25 points), athletic insurance expertise (15 points), and cost or compensation (10 points), and may request product demonstrations. The university reserves the right to award based on best value rather than lowest price, negotiate with proposers, or reject all proposals.
Scope of work
- Review existing insurance program and collaborate on historical claims analysis
- Market the program to qualified insurance carriers and evaluate multiple carrier options
- Negotiate pricing and coverage
- Assist with certificates of insurance
- Provide annual recommendations for reducing claim frequency
- Ensure compliance with NCAA, state insurance, and institutional procurement requirements
- Provide consultation on emerging insurance issues and cost containment strategies
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Relevant Experience | 25 |
| Athletic Insurance Expertise | 15 |
| Cost / Compensation | 10 |
Minimum qualifications
- Minimum of Five (5) years specializing in athletics insurance brokerage
- Access to national athletic insurance markets
- Professional liability insurance
- Portfolio of relationships with various insurance companies and third-party administrators
- Capacity to provide consultation and support with cost containment strategies
- Proper licensing if required
Documents to include with your response
- Signed copy of the RFP indicating agreement to the RFP in its entirety
- Schedule A – Addendum Acknowledgement
- Schedule B – Insurance Requirements Acknowledgement
- Insurance certificate showing evidence of insurance
- Schedule C – Cost Proposal in Excel format
- Statement of Qualifications/Experience
- Detailed Plan of Action
How to submit
- Method
- Electronic via MITN, BidNet Direct
- Instructions
- One (1) copy of the sealed proposal in 8 1/2" x 11" format, no smaller than 11-point font, up to 35 pages.
