Insurance Broker of Record – UWS Student Health and Security, Study Abroad, and Other Student Benefits

The University of Wisconsin System (UWS) Student Health and Security, Study Abroad, and Other Student Benefits Insurance Broker of Record contract provides comprehensive insurance and risk management services specifically tailored to student health and international study programs. The vehicle enables procurement of specialized insurance coverages including student health insurance, study abroad personal liability and personal effects coverage, and international student health insurance programs. This multi-purpose contract supports risk management needs across various student-related insurance requirements, with services focused on comprehensive protection and coverage for university student populations.

The contract was awarded by the Wisconsin Department of Administration on February 1, 2020, and is categorized under risk management services (UNSPSC 81162305 and NIGP 95861). While specific prime contractors are not detailed in the provided documentation, the contract includes compensation structures such as $1.00 per student per month for study abroad coverage (with an annual maximum of $16,500) and a 3.0% commission on international student health insurance premiums. The contract allows for flexible service delivery, including hourly consulting at $150 per hour for special projects, and covers the entire state of Wisconsin with provisions for negotiating compensation terms for insurance placements and related services.