Agent of Record/Broker Services for Commercial Property and Casualty Insurance

The Town of Vernon and Vernon Public Schools in Connecticut are seeking proposals for an Agent of Record/Broker Services contract to coordinate Commercial Property and Casualty Insurance coverage. This Request for Proposal (RFP), identified as Solicitation #2139, aims to secure a broker who can source and negotiate comprehensive insurance coverage from reputable carriers at the most competitive prices. The primary objective is to obtain optimal commercial property and casualty insurance for the town and school system, with the selected vendor responsible for coordinating comprehensive insurance solutions. The solicitation period runs from March 6, 2024, at 4:15 PM EST to April 3, 2024, at 10:00 AM EDT. Interested vendors must submit questions to Project Coordinator Nichole Greco (ngreco@vernon-ct.gov) by March 21, 2024, at 3:00 PM, with official answers to be posted by March 28, 2024, on both the Town of Vernon's website and the Connecticut State Department of Administrative Services portal. Vendors are required to carefully review all addenda and question responses before submitting their proposals.

The RFP does not specify any set-aside designations, disadvantaged enterprise requirements, or restrictions on vendor participation, indicating the solicitation is open to all qualified vendors. No information about incumbent vendors or current insurance contractors is provided in the documentation. The solicitation includes delivery terms specified as Free On Board Destination and payment terms to be vendor-specified. While the documents do not outline a specific estimated contract value or budget range, the comprehensive nature of the services suggests a significant scope of work. The RFP package includes three key documents: the main RFP document, a Legal Notice, and an Addendum containing questions and answers. Vendors are expected to provide a comprehensive proposal that demonstrates their ability to secure competitive commercial property and casualty insurance coverage, with the understanding that the Town of Vernon and Vernon Public Schools will evaluate proposals based on the most advantageous overall insurance strategy and pricing.