NIGP 953: Insurance and Insurance Services, All Types

NIGP 953 Insurance and Insurance Services, All Types is a Class code encompassing the full range of insurance products, related brokerage and advisory services, third-party administration, and risk management consulting that state and local governments procure. State and local buyers are currently soliciting insurance broker and agent-of-record services (covering placement, underwriting data analysis, claims management, and risk control); employee and retiree group health insurance (medical, dental, vision, pharmacy benefit management, stop-loss, and ancillary life and disability coverage); workers' compensation and specialized liability coverage (property, cyber, crime, general liability, public officials); student accident insurance; and third-party administration services for self-funded plans. The issuing bodies span state departments and statewide employee benefit commissions, county governments, cities and municipalities, independent school districts, joint powers authorities, municipal water districts, and specialized public entities. Representative recent opportunities include the Buckman Direct Diversion Board (City of Santa Fe and Santa Fe County joint powers entity) issuing RFP FY26RFP026 for insurance broker services covering professional liability, property, general liability, cyber, and specialized coverages with proposals due May 11, 2026; the City of Edinburg, Texas requesting proposals under RFP2026018 for group employee medical insurance covering 1,370 lives with both fully-funded and self-funded options, proposals due August 4, 2026; Hillsborough County, Florida seeking ongoing insurance consulting and brokerage services under RFP2600292 with estimated contract value of $1,000,000 and proposals due July 24, 2026; and the State of Utah Division of Purchasing conducting on behalf of the Utah System of Higher Education soliciting broker and consulting services under USHE07072026 for a consolidated health and welfare benefits program covering approximately 76,000 lives and an estimated $600 million annual spend, qualifications due August 7, 2026.

Activity under code 953 is geographically distributed across multiple states with significant recent concentration in Texas (Edinburg, Waxahachie, Lubbock, Richardson, Tucson, Burnet County), Florida (St. Petersburg, Pinellas County, Miami/Dade, Hillsborough County, Orange County), Massachusetts (Boston Housing Authority, Group Insurance Commission, MSBA), Utah (Salt Lake City, UIPA), New Hampshire, Delaware, Colorado, and New Mexico. Evaluation criteria across recent solicitations consistently weight experience and qualifications at 20 to 50 percent; scope and service capability at 15 to 40 percent; and cost or pricing at 10 to 35 percent. Set-asides and preferences vary by jurisdiction: some solicitations encourage SBE, MBE, WBE, and DBE participation through bonus points or participation goals (West Basin Municipal Water District targeting SBE/LBE at 3 to 6 points; Beaverton, Oregon offering 5 percent weight for Equity Procurement Program participation), while others impose no formal set-asides. New Mexico local-vendor preferences offering 3 to 6 percent additional points appear in Santa Fe procurement. Contract terms typically run one to five years with optional annual renewals. The code reflects strong ongoing demand across all government tiers for brokerage, third-party administration, and risk management expertise driven by rising healthcare costs, increasing regulatory complexity, and the shift toward self-funded plans in larger jurisdictions.