Vendor should provide be able to provide a range of services including, but not limited to the following: • Evaluate existing insurance and make any necessary recommendations to changes, conditions, and coverage limits to ensure the coverage is cost-effective and adequately protects the Associated Entity. • Overall risk exposure analysis for the Associate Entity • Provide an insurance portal for clients to manage and see coverage, interact with vendor contacts, and assist with policy administration. • Serve as the intermediary between the Associated Entity and the provider when there is a dispute • Assist with the claim submission and handling process • Provide legal updates and provide guidance on recommended coverage in order to maintain compliance with applicable laws and regulations • Respond to all insurance related questions and requests in a timely manner • Negotiate on behalf of the UNC System’s Associated Entities and provide coverage that best meets the needs and requirements at the best cost • Relationship pricing for Associated Entities of constituent institutions based on a mutually agreeable rate.
