Specifications include, but are not limited to: 1) Review and analyze insurance specifications and underwriting data submitted by the City, when such analysis is requested for the policies specified in this RFP. 2) Present insurance specifications to the market place; prepare applications; request quotations for specified coverage and programs; respond to underwriters’ questions and provide additional information, if requested. 3) Submit an insurance proposal to the City at least six (6) months before the July, 2024 RNC convention. Provide a comparative analysis for variances in cost, coverage, exposure data, and a comparison of insurance specifications vs. insurance policies, including all endorsements and coverage exceptions to be included in the issued policies. As the City may require, submit analysis of underwriters’ quotations to City’s designee for consideration, including whether such quotations adhere to the specifications and whether the premium quoted is fair and reasonable within the marketplace. At the direction of City’s designee, negotiate any refinements on terms and/or conditions to obtain the most beneficial and costeffective coverage available. 4) Attend meeting of the Committees of the Common Council to discuss policy coverages, as the City may require. 5) At the City’s direction, submit claims to insurers on the City’s behalf. 6) Provide analysis and advice as needed on an ad hoc basis as requested by City staff related to the policies described in this RFP.
