Specifications include, but are not limited to: Award Provider shall: • Act as Guilford County’s insurance Broker, negotiating on Guilford County’s behalf with insurance companies regarding coverage terms, service, and premiums and the placement of coverage with insurers. • Act as a liaison with Guilford County’s insurers. • Follow up with insurers for timely issuance of policies, endorsements, audits, etc. • Review Guilford County’s insurance policies for compliance with the insurers' proposals and the specifications submitted to insurers on client's behalf and obtain revisions when needed. • Check the accuracy of each binder, certificate, endorsement, premium audit or adjustment, and any other document received from Guilford County’s insurers and obtain revisions when needed. • Send or deliver originals of insurance policies and endorsements to Guilford County within fifteen (15) workdays of receipt. • Monitor the service provided by Guilford County’s insurers and facilitate or negotiate changes in the nature, scope, and level of services provided if necessary. • Provide Guilford County with detailed invoices on a timely basis and assist Guilford County with allocating premiums by department(s) if requested.
