Marine Insurance Brokerage Services

The Maritime Administration seeks a qualified marine insurance broker to obtain and manage a Protection and Indemnity policy of at least $1 billion in coverage limits for six training ships owned by the U.S. and berthed at State Maritime Academies. The broker must be able to produce P&I coverage through a mutual assurance association and provide consultancy, claims support, and post-event assistance for the fleet. Responses to this pre-solicitation notice are due by October 29, 2019 and will be evaluated based on the firm's qualifications, experience producing P&I policies for training and passenger vessels through mutual clubs in the last five years, and confirmation of small business status.

There is no set-aside designation for this potential procurement. The NAICS code for insurance agencies and brokerages is 524210, while the PSC code for marine insurance is R425. No incumbent or current contractors were named, and the notice did not provide any estimated value or budget range for the insurance policy. Interested parties must have experience producing P&I policies for similar vessels over the past five years to qualify.