Specifications include, but are not limited to: Broker Services i) Assign experienced staff immediately upon selection to assess Steuben County’s current insurance program and insurance requirements. The Broker’s primary account representatives shall be reasonably available to Steuben County staff to address questions related to this account. ii) Review Steuben County’s current insurance policies to assess sufficiency of insurance limits and adequacy of coverage required to protect Steuben County from reasonable risks, providing the best balance of minimizing risk and insurance premiums. iii) Advise Steuben County of recommended insurance policy changes and considerations, insurance policy renewal, as well as any additional insurance coverage. iv) Work with Steuben County to organize, develop, and present Steuben County’s operations and company risk profile and insurance coverage requirements to insurance underwriters. v) Evaluate insurance underwriter bids and present Steuben County with a package of insurance policy terms, conditions, and premiums that best reflect its goals and objectives, including: (1) a narrative describing competitive bidding (2) a matrix comparing insurance coverage proposals, and (3) recommendations regarding insurance carriers, coverage limits, premiums, terms, conditions, and risk exposure.
