Property and Casualty Insurance

The City of Casselberry, Florida is soliciting proposals for a comprehensive property and casualty insurance contract through RFP-2018-0369, seeking professional insurance and risk management services for municipal operations. The procurement covers multiple insurance lines including Property/Inland Marine, Boiler and Machinery, Crime, Comprehensive General Liability, Automobile Liability and Physical Damage, Public Official Liability, Law Enforcement Liability, Workers' Compensation, and Cyber Liability. The contract period runs from October 1, 2018, through September 30, 2019, with proposals due by August 10, 2018, at 2:00 p.m. EDT. Key deliverables include comprehensive insurance coverage for the city's extensive municipal assets, valued at approximately $55,651,056, encompassing buildings, contents, vehicles, and equipment across various municipal departments. The city requires proposers to provide detailed information about their financial stability, surplus ratio, and ability to meet specific insurance requirements, with Ben Few & Company, LLC serving as the consultant managing the RFP process.

The procurement does not explicitly mention specific set-aside designations or restrictions for disadvantaged enterprises. The current insurance provider is the Florida Municipal Insurance Trust (FMIT), and the Notice of Intent to Award indicates the City intends to award the contract to the Florida League of Cities, subject to final City Commission approval. The existing insurance package carries a $25,000 deductible stop loss with varying maximums on most coverage lines, and workers' compensation is a first-dollar program with no retention. The total annual premium for the current insurance package is approximately $632,402, with an incentive credit of $92,542. The city maintains the right to reject all bids, cancel the solicitation, or re-solicit at a later time, and bidders who are not the intended awardee may file a protest within specific procedural guidelines. The comprehensive insurance coverage includes protection for 173 vehicles, multiple municipal properties, and addresses various risk management needs across city departments.