UNSPSC 84131508: Cash in transit insurance

UNSPSC 84131508 Cash in transit insurance is a Commodity code that reflects state and local government purchasing of insurance brokerage, consulting, and risk management services far more than the code's narrow title suggests. Recent solicitations show public entities—cities, counties, school districts, and special-purpose authorities—procuring comprehensive property and casualty insurance representation, underwriting analysis, claims advocacy, loss prevention guidance, and strategic risk management consulting rather than cash-handling coverage alone. The issuing bodies span municipal governments (City of Lubbock, City of Daytona Beach, City of McKinney), county governments (Hillsborough County, Burke County, Clarke County), school districts (Union County Board of Education, Manor Independent School District, Redmond School District), regional public entities (Cooperative Insurance Services in Oregon, Workforce Solutions Borderplex in Texas), and higher-education systems (University System of Georgia), indicating broad cross-sector procurement. Work being solicited includes serving as broker of record or agent of record for multi-line insurance placements (property, general liability, auto, workers' compensation, cyber, employment practices liability, specialized coverages); conducting market analysis and carrier negotiations; providing loss control and safety training; preparing RFPs for insurance needs; analyzing claims and loss runs; and in some cases performing enterprise risk management and capital modeling across entire property and liability portfolios.

Geographic activity spans the South and Southwest: Texas (City of Lubbock, City of McKinney, Manor Independent School District, Workforce Solutions Borderplex in El Paso County), Florida (Hillsborough County, City of Daytona Beach), Georgia (Burke County, Clarke County School District, University System of Georgia), and Oregon (Cooperative Insurance Services, Redmond School District 02J), with additional activity in Illinois (Illinois State Toll Highway Authority) and California (County of Los Angeles). Recent opportunities include Hillsborough County Board of County Commissioners' five-year insurance consulting and brokerage services RFP due July 24, 2026 (estimated value $1,000,000, with SBE bonus-point consideration); City of Daytona Beach's property and casualty insurance brokerage services RFP due March 12, 2026; Clarke County School District's property and liability insurance RFP for July 1, 2026 renewal due May 4, 2026; and Manor Independent School District's primary insurance consultant services RFP due February 23, 2026. Cooperative Insurance Services (Oregon) issued an RFP for enterprise risk management and capital modeling services due July 13, 2026. Most solicitations emphasize professional licensing, minimum years of experience with comparable public-sector accounts, financial stability of proposed carriers (A.M. Best ratings), and maintenance of substantial professional liability and general liability coverage by the responding firm.