UNSPSC 84131607: Liability insurance

UNSPSC 84131607 Liability insurance, a Commodity code, covers the procurement of professional liability insurance coverage and related brokerage services by state and local governments. The work being solicited includes broker selection for comprehensive risk assessment and policy placement across multiple lines of coverage—property, general liability, workers' compensation, automobile liability, cyber liability, and specialized coverage such as directors' and officers' liability, fidelity bonds, and excess or surplus insurance. State and local issuing bodies range from state agencies and higher-education systems to county governments, municipalities, independent school districts, transit authorities, workforce development boards, and nonprofit organizations. New Jersey Housing and Mortgage Finance Agency, University System of Georgia, and the Texas Education Agency represent repeat state-level buyers; Garland Independent School District, San Antonio Independent School District, Clarke County School District, and Manor Independent School District are active school-district buyers; Hall County Georgia, City of McKinney, Los Angeles County, and Trinity Metro represent county and municipal procurements. Recent solicitations emphasize brokers with demonstrated public-sector or nonprofit experience, minimum A.M. Best Financial Strength ratings (typically A- or better), appropriate state licensing, and professional liability insurance of $1 million or higher per claim. Evaluation criteria consistently weight experience and qualifications heavily (25–35 points), with cost and service capability dividing remaining points across technical approach, responsiveness, and long-term value.

Geographic activity concentrates in Texas, Georgia, Florida, and New Jersey, with scattered activity across other states. Recent opportunities include New Jersey Housing and Mortgage Finance Agency's broker RFP (due June 17, 2026) for comprehensive agency insurance coverages; University System of Georgia's eRFP for Public Private Venture (PPV) insurance brokerage services (due June 5, 2026) managing a $3.5 billion real-estate portfolio; Garland Independent School District's RFP for student accident insurance (due May 5, 2026) covering approximately 8,801 athletes at an estimated $290,000 annual value; Hall County Georgia's RFQ for Medicare Advantage plan administration (due June 4, 2026) serving 183 retirees; San Antonio Independent School District's TPA and workers' compensation claims-administration RFP (due April 7, 2026); and City of McKinney's broker-of-record RFP (due February 12, 2026) managing multi-line coverage across city facilities. Procurement activity spans RFPs, RFQs, and ITBs with response deadlines typically 30–60 days from posting; SBE, MBE, WBE, and VBE certifications receive preference consideration in several jurisdictions, particularly New Jersey and Texas.