NIGP 95861: Insurance and Risk Management Services

NIGP 95861 Insurance and Risk Management Services, Item code, encompasses comprehensive insurance placement, claims administration, benefits consulting, and risk management advisory services that state and local governments purchase to manage their exposure across property, casualty, liability, workers' compensation, employee benefits, and specialized coverages. Recent state and local solicitations show active procurement across multiple insurance disciplines: broker-of-record services for self-insured health plans covering medical, dental, vision, and ancillary benefits; third-party administration of workers' compensation and general liability claims; property and cyber insurance placement; and advisory services on insurance strategy and cost optimization. The issuing bodies span county risk management programs (San Mateo County, Greenville County, Monroe County), municipal governments (Austin, Orlando, Lubbock, McKinney), independent school districts and community colleges (Austin ISD, Collin County Community College, Forsyth County Schools), higher-education institutions (George Mason University, Texas Woman's University, Southwestern University, Florida Gulf Coast University), and special-purpose districts (Clean Water Services in Oregon, Buckman Direct Diversion Board in Santa Fe). County procurement offices and city purchasing departments dominate the issuing-body mix, with school districts and universities representing a growing secondary segment. San Mateo County appears as a repeat buyer, conducting multiple concurrent procurements for workers' compensation TPA services, general liability claims administration, and automobile/medical-malpractice claims administration through separate RFPs posted in June and July 2026.

Geographic activity concentrates in Texas (Austin, Lubbock, McKinney, San Marcos, Schertz-Cibolo-Universal City ISD, Waxahachie), California (San Mateo County, Collin County Community College in the DFW region), Florida (Orange County, Sarasota County, Doral, Holly Hill, Monroe County), and South Carolina (Greenville County), with additional activity across Colorado, Georgia, New Mexico, Oregon, and Virginia. Representative recent opportunities include Buckman Direct Diversion Board (joint powers entity, Santa Fe and Santa Fe County) issuing RFP #25186 on April 20, 2026, for comprehensive insurance broker/agent-of-record services covering 14 lines of coverage with proposals due May 11, 2026, and best-value evaluation at 35% scope/expertise, 35% cost, 25% interview, and 5% value-added services; City of Edinburg, Texas, issuing RFP 2026-019 on July 15, 2026, for an insurance benefits consultant to advise on employee medical, ancillary, and voluntary plans for 1,200 full-time and 60 part-time employees with capped compensation at $45,000 and proposals due August 4, 2026; and Greenville County, South Carolina, issuing RFP #26057 on July 13, 2026, for broker-of-record services managing self-insured medical, dental, vision, FSA, life, disability, accident, and COBRA administration for 2,700 benefit-eligible employees across seven agencies, with proposals due January 23, 2026 (note: this date predates the posting, indicating an amended deadline), and a one-year initial term with four optional annual renewals. Workers' compensation TPA procurements are equally active: San Mateo County issued RFP 2026-RFP-00430 on July 13, 2026, for claims management covering 694 open claims across 7,250 employees with proposals due July 10, 2026; Austin issued RFP 5800 SLW3033 on June 23, 2026, for TPA services covering medical-only, indemnity, and fatality claims with 532 projected new incident claims and proposals due July 23, 2026. Opportunities across the code reflect substantial contract values (Hillsborough County, Florida budgeted $1 million for five-year insurance consulting; Collin County Community College seeks cyber insurance with $15 million policy limit and property values of $1.254 billion), multi-year initial terms (three to five years common, with optional renewals), and competitive evaluation favoring qualifications and experience alongside cost. Set-asides appear inconsistently: San Mateo County offers 5–10% local business preferences; Beaverton, Oregon encourages 15% COBID-certified firm participation with 5% evaluation weight; Atlanta Beltline establishes 30% DBE participation goals. No SBA 8(a) or GWAC-equivalent federal set-asides apply to this Item code.