Insurance Broker for Worker's Compensation Insurance
Closed State & local contract opportunity Posted
- Solicitation number
- HABC RFP B-2065-26
- State
- Maryland
- Responses due
Opportunity facts
- Jurisdiction
Opportunity details come from habc.bonfirehub.com. Updated .
About this opportunity
The Housing Authority of Baltimore City is requesting proposals from licensed insurance brokers and agents to solicit workers' compensation insurance bids on HABC's behalf, with proposals due July 31, 2026. HABC will select between two and four brokers; each selected broker will independently assess HABC's workers' compensation needs, obtain market quotes with full fee and commission disclosure, and present those quotes to HABC, which will then select one broker for final placement.
Responders must be licensed insurance brokers or agents. Each broker must provide a ranked list (most to least preferred) of insurance markets it would approach on HABC's behalf. A critical eligibility constraint applies: interested brokers are prohibited from contacting any insurance markets during the solicitation process. Direct market contact automatically eliminates a broker from consideration.
The scope centers on broker-led market assessment and quotation development. Selected brokers operate independently but in parallel, enabling HABC to compare recommendations and market access across multiple sources before selecting a single placement broker. The fee and commission structure must be fully transparent to HABC at quotation.
Opportunity text
The Housing Authority of Baltimore City ("HABC") is requesting proposals from interested and qualified licensed insurance brokers and agents (individually, a "Responder" and collectively, the "Responders") to assist HABC with obtaining bids from insurance companies for HABC's workers' compensation insurance coverage. HABC anticipates selecting at least two (2) and not more than four (4) responders to this Request for Proposals "(RFP"). The selected brokers will each independently assess HABC's workers' compensation insurance needs and provide recommendations regarding appropriate insurance coverage. Each of the selected brokers will then approach the insurance markets to obtain quotes from insurers and present those quotes to HABC, which will include full disclosure of the fees and commissions payable to the broker in connection with the policy. Based on the quotes submitted by each broker, HABC will select one (1) broker for its insurance coverage. Responder shall provide a list, in order of preference from most to least preferred, of the insurance markets you would seek to access on behalf of HABC for workers' compensation insurance. Interested brokers are not permitted to contact any insurance markets during this process. Insurance market contact will automatically eliminate a broker from consideration.
On GovTribe
Work this opportunity
- Track it in your pipeline
- Similar opportunities
- Ask GovTribe AI about this opportunity