What the buyer needs
AI summaryThe government authority in Métis, BC, seeks insurance brokerage, risk advisory, and reporting services. The selected vendor will act as the broker of record and risk advisor, providing quarterly insurance program reporting.
Scope of work
- Obtain broker of record letters and confirm transfer with current insurers
- Complete a comprehensive coverage gap analysis within 45 days
- Develop renewal strategies 120 days before renewal and market coverage
- Issue certificates of insurance within 2 business days (same day if urgent)
- Review insurance and indemnity clauses in contracts within 5 business days
- Deliver at least one annual staff training or education session
- Provide quarterly reports to Finance leadership within 15 business days of quarter end
- Maintain a standing dashboard of loss trends and cost of risk
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Experience of firm with comparable clients, including Indigenous governments | Not specified |
| Alternative risk financing experience | 5 |
| Price (broker compensation) | 25 |
Minimum qualifications
- Current Insurance Council of British Columbia general insurance agency license
- Account executive holds a Level 2 or Level 3 general insurance license
- At least three comparable clients served in the past five years
- At least one reference from an Indigenous government or organization
- Professional errors and omissions insurance of at least $5,000,000
- WorkSafeBC clearance
Documents to include with your response
- RFP Submission Form (Appendix A)
- Reference Form (Appendix B)
- Declaration of Conflict of Interest (Appendix C)
- Fee Proposal Form (Appendix D, separate file)
- Proof of Eligibility (licenses, E&O certificate, WorkSafeBC clearance)
- Confidentiality Undertaking (Appendix F, if information package requested)
- Proposed Service Team resumes and license levels
- Relevant Experience summary (at least three comparable clients)
How to submit
- Method
- Electronic via MNBC's EUNA portal
- Instructions
- Submit proposals in English, priced in Canadian dollars, before Closing Time. Fee Proposal (Appendix D) must be submitted as a separate file.
