Insurance Brokerage Services - CAA

The Connecticut Airport Authority (CAA) is soliciting proposals for comprehensive insurance brokerage services through Request for Proposal (RFP) No. 2025-010. The procurement seeks qualified insurance brokerage firms to market, place, and administer the CAA's insurance requirements for a three-year contract period beginning March 1, 2025, with insurance policies to be secured starting July 1, 2025. The selected vendor will be responsible for providing full-service insurance brokerage support, which includes developing, negotiating, and managing insurance policies across multiple coverage areas for the airport authority. Proposal documents are available for download at https://ctairports.procureware.com, and firms must register on the platform to access and submit complete proposal documentation. The submission deadline is February 19, 2025, at 1:00 p.m. EST, with proposals not to be publicly displayed. Payment terms are specified as Net 45 Days with Free On Board Destination delivery terms, and all inquiries should be directed to Kevin Lynch via procurement@ctairports.org.

The RFP appears to be open to all vendors without specific set-aside designations or restrictions for disadvantaged enterprises. No incumbent vendor information is provided in the available documentation, and no specific budget range or estimated total contract value is disclosed. The solicitation has been designated as having no line items, suggesting a comprehensive scope of services rather than itemized deliverables. Interested firms must complete registration on the procurement website to access the full proposal details and submit their responses. The contract will cover a three-year period, indicating a significant opportunity for the selected insurance brokerage firm to establish a long-term relationship with the Connecticut Airport Authority. While specific evaluation criteria are not explicitly detailed in the provided documents, typical considerations for such procurements often include vendor experience, proposed approach, cost-effectiveness, and demonstrated capability to manage complex insurance portfolios for transportation infrastructure entities.