Stop Loss Reinsurance Coverage RFP
Closed State & local contract opportunity Posted
- Solicitation number
- S-X24129-00011540
- State
- Oregon
- Responses due
Opportunity facts
- Jurisdiction
- NIGP codes
- UNSPSC codes
- 64121504 Commercial multiple peril policy
- 64122202 Group dental insurance policy
- 84131520 Insurance broking fees and commission
- 64120000 Insurable interest contracts
- 64122007 Modified guaranteed annuity policy
- 64122006 Fixed annuity policy
- 64121514 Warranty policy
- 64121505 Farm owners multiple peril policy
- 84131513 Erection all risks insurance
- 84131905 Employment practice liability insurance services
Show all 25
- 84131602 Health or hospitalization insurance
- 64122100 Health insurance contracts
- 64122200 Dental insurance contracts
- 64121502 Boiler and machinery policy
- 64121507 Fraternal benefit society insurance policy
- 64121508 Homeowners insurance policy
- 64121509 Inland marine insurance policy
- 64121511 Ocean marine insurance policy
- 64121512 Surety policy
- 84131518 Bicycle insurance
- 84131900 Insurance services for casualty lines
- 64122102 Group health insurance policy
- 64122201 Individual dental insurance policy
- 64122101 Individual health insurance policy
- 81162310 Procurement process as a service
- Points of contact
-
- Laura Luther laura.luther@aon.com
- Lauren Joyce lauren.joyce@aon.com
- Sara Frawley sara.frawley@aon.com
Opportunity details come from oregonbuys.gov. Updated .
About this opportunity
Citycounty Insurance Services (CIS) is conducting a Request for Proposals (RFP) for stop loss reinsurance coverage for its health benefits program, targeting qualified insurance carriers operating in Clackamas County, Oregon. The procurement seeks specific reinsurance coverage with a primary focus on obtaining competitive 2025 premium costs, flexible risk transfer solutions, and carriers capable of meeting specific contract provisions. Proposals must comprehensively address the carrier's qualifications, experience, financial proposal, and contractual considerations. The RFP requires detailed submissions that will be evaluated based on multiple criteria, including the carrier's ability to provide tailored stop loss insurance solutions. Key dates for this procurement include a proposal submission deadline of October 11, 2024, with an anticipated contract award in December 2024 and contract commencement on January 1, 2025. Respondents must carefully follow the prescribed proposal format, which includes sections on organizational qualifications, financial details, and any proposed exceptions to standard contract terms.
While the RFP does not explicitly mention specific set-aside designations or restrictions for disadvantaged enterprises, it does indicate a competitive solicitation open to qualified insurance carriers. The document does not reference an incumbent vendor or specify a precise budget range, though the focus is on obtaining cost-effective and flexible stop loss coverage. CIS reserves the right to reject any or all proposals, suggesting a comprehensive evaluation process that prioritizes quality and alignment with the organization's specific insurance needs. The procurement appears designed to secure a comprehensive stop loss reinsurance solution that provides financial protection for CIS's health benefits program while maintaining competitive pricing and adaptable risk management strategies. Potential respondents should carefully review all RFP requirements, demonstrating their ability to provide robust, tailored reinsurance coverage that meets the specific needs of CIS and its member jurisdictions.
Opportunity text
CIS is soliciting proposals from qualified carriers for specific reinsurance (stop loss) coverage for our health benefits program.
Files
| File | Type | Posted |
|---|---|---|
| Stop Loss RFP 2024.pdf | ||
| ITB 2024-52, Restoration for 1942 5th Street (OregonBuys).docx | DOCX document |
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