Insurance Broker Services

The State of Missouri, Office of Administration, Division of General Services, Risk Management Section, is requesting proposals for insurance broker services under RFP STATE 0000000596SL, with proposals due October 20, 2026, at 2:00 p.m. Central Time. The state intends to award contracts to the two lowest and best proposals that comply with all mandatory requirements.

The scope encompasses comprehensive insurance brokerage services including market analysis, policy renewal bidding, claims assistance, certificates of insurance issuance, and training services. The state currently maintains eight insurance lines with annual premiums totaling approximately $1,361,175, covering aircraft, auto physical damage, property, inland marine, crime, public officials, and state fair coverage.

Contractors must meet minimum experience requirements of three years—preferably five years—in public entity insurance brokerage services. Leadership personnel must possess five to seven years of experience in real and personal property and risk management; account personnel must possess three to five years in these areas.

The initial contract term is one year, with the Division of Purchasing retaining the right to renew for three additional one-year periods. Compensation will be based on premiums and commissions or premiums and fees, with fees clearly identified in submitted bids.

Vendors must achieve "Approved" registration status in MissouriBUYS (WebProcure/Proactis) and "Spend Authorized" status in MissouriBUYS powered by MOVERS to be eligible for award. Contractors must comply with all Missouri business registration requirements, tax compliance, E-Verify enrollment if applicable, and anti-discrimination laws.

The RFP mandates disclosure of any use of AI, machine learning, or automated decision-making technologies prior to implementation and prohibits use of state data to train or enhance AI models without written authorization. Contractors must maintain all financial records for five years and submit annual invoices to each utilizing state agency. Proposals must be submitted electronically through MissouriBUYS.