Insurance Broker/Consultant Services

The Community Action Corporation of South Texas (CACOST) is soliciting Requests for Proposals (RFP) for professional insurance brokerage and consulting services to assist with its various insurance programs beginning February 1, 2024. The requested services include coverage for auto, directors and officers, fidelity bond, flood, general liability, crime, cyber, pollution, umbrella, student accident, and volunteer accident insurance. CACOST operates 67 facilities and 86 vehicles across 17 counties in South Texas, with an estimated 694 employees and $30.9 million in payroll. The RFP outlines the required scope of services, including compliance, communications and administrative support, vendor contract review, claim resolution, reporting, and coverage analysis and negotiations. Proposals are due by December 13, 2023, and CACOST anticipates awarding a contract or multiple contracts on January 1, 2024.

The RFP specifies that only insurance agents who are currently licensed to sell insurance policies in the state of Texas, or brokerage firms including such agents, may respond. There are no set-aside designations or restrictions on the types of organizations that can respond. The RFP details the required proposal submission format, minimum qualifications, and evaluation criteria, including but not limited to experience, capability, and cost. The current insurance limits and renewal dates are provided, but no specific award values or budget ranges are listed.