Educator’s professional liability insurance

The state of Florida, through the Florida Department of Education, is issuing an Invitation to Bid (ITB) to establish a 24-month contract for an educator's professional liability insurance policy. The purpose of this policy is to protect full-time instructional personnel in Florida from liability for monetary damages and defense costs resulting from claims made against them in the course of their professional activities, including participation in the Coach Aaron Feis Guardian Program. The ITB also requests pricing for optional coverage to be purchased by part-time instructional personnel, administrative personnel, and students enrolled in a state-approved teacher preparation program. The bid response is due on June 1, 2022, and the anticipated effective date of the contract is July 1, 2022. The contract may be renewed for three additional one-year terms. The Department of Education will pay all premiums and deductibles for the full-time instructional personnel coverage, with a $50,000 per claim deductible and a $400,000 annual aggregate deductible. Premiums for the optional coverage must be paid directly to the selected vendor by the individuals.

The current insurance coverage was secured in August 2021 at a premium of $850,000. The ITB does not specify any set-aside designations or restrictions on the types of organizations that can respond. The incumbent vendor or current contractor is not identified in the provided information. The ITB does not provide any information on the possible award value or budget range for this contract opportunity.