Specifications include, but are not limited to: CRCSD is seeking a qualified insurance broker/agent that can help with Worker’s Compensation insurance purchasing, but more importantly, can partner with CRCSD as a consultant to advise and improve the quality of insurance services for staff. Upon acceptance of the RFP, the broker/agent will be expected to offer an evaluation of CRCSD’s current program adequacy and suitability and a thorough analysis of risk exposures, analysis of history and experience. Broker/agent will provide general advice, guidance and assistance with CRCSD’s safety & loss control program and claims administration. It is anticipated to implement a high‐quality risk program. Broker/agent will be expected to: ● Work with CRCSD staff immediately upon proposal acceptance to assess operational risks and provide recommendations regarding the Worker’s Compensation insurance. Provide forward-thinking strategies to manage risk, analyzing different coverage and deductible options to provide the best balance of risk limitation and premium. ● Competitively market and appropriately place Worker’s Compensation insurance with financially responsible insurance carriers and provide the ancillary services necessary in support of CRCSD’s exposures and needs for loss control support. ● Solicit quotes from multiple insurers, analyze proposals received, negotiate changes for the benefit of CRCSD and verify the reasonableness of the pricing of coverage. Provide a summary of quotes along with the quotes that best reflect the goals and objectives of the CRCSD. ● When instructed to do so by CRCSD, administer the placement of coverage and provide binders, policies and endorsements/changes/ revisions that may be required. ● Provide a review of binders and policies including verification of conformity to specifications, adequacy, and compliance with requested coverage and provide feedback as needed regarding the same. Request any necessary endorsement/change/revision/correction that may be required. ● Oversee and coordinate all relevant services performed by insurance carriers/underwriters or any service agency arranged for insurance program related issues and concerns. ● Consult with CRCSD regarding proposed claims counsel an insurance company plans to use with any claim. Act as a liaison between CRCSD and the carriers to resolve claims. ● Assist in establishment or improvement of loss prevention and provide analysis of risk control programs with emphasis on improvement of various programs, including contractual risk transfer, training options for hazard identification, documentation of work and inspections.
