UNSPSC 84131504: Cargo insurance

UNSPSC 84131504 Cargo insurance, a Commodity code, encompasses property and casualty insurance brokerage, consulting, and claims recovery services that state and local governments procure to manage risk transfer, claims administration, and loss mitigation across their operational asset portfolios. State and local buyers under this code range from city governments and county boards of commissioners to school districts, transit authorities, university systems, and special-purpose public entities, with solicitations dominated by comprehensive property and casualty insurance broker-of-record procurements covering commercial property, general liability, workers' compensation, auto liability, and specialized lines such as cyber, employment practices liability, and law enforcement liability. Recent activity shows issuers seeking agents to place and administer multi-line insurance programs, provide loss prevention and risk management consulting, negotiate carrier terms, and manage claims; representative solicitations include Hillsborough County Board of County Commissioners (RFP2600292, due July 24, 2026, $1,000,000 estimated value, five-year term) for ongoing insurance consulting and brokerage services across utility and non-utility assets totaling $2.6 billion in insured values, Burke County Board of Commissioners, Georgia (PE61700NONST2026000000074, due July 8, 2026) for full-service property and casualty broker of record covering 50 building locations and 775 acres, and Cooperative Insurance Services in Oregon (SX2412900017232, due July 13, 2026) for enterprise risk management and capital modeling services across property, liability, and workers' compensation programs.

Geographic activity is concentrated in Texas, Florida, Georgia, and Oregon, with secondary activity in Illinois and California. Texas jurisdictions—the City of Lubbock (RFP2619575KM, due April 30, 2026), City of Daytona Beach in Florida (2619RFP, due March 12, 2026, three-year term with $290.7 million in property insured values), and Georgia school districts and county boards—dominate recent postings. Issuing bodies consistently require brokers to hold state-specific licensures, maintain professional accreditations (CPCU, AAI, CIC, ARM), place insurance net of commission, provide quarterly loss reporting and claims advocacy, and carry substantial errors-and-omissions and general liability coverage. Procurement terms typically span three to five years with renewal options, evaluation weighted toward experience with complex public-sector portfolios and carrier relationships, and SBE or HUB subcontracting preferences present in some jurisdictions (Hillsborough County offers up to five SBE bonus points; Manor ISD weights HUB/SWMVBE at 1 point). No single incumbent dominates; Aon Risk Services Central, Inc. was awarded the Illinois State Toll Highway Authority property insurance contract for fiscal 2026–27 at $2,111,853.72, but most recent postings remain open competitive solicitations.