The Offeror will be required to perform a variety of risk management, brokerage and consulting services for AHFC. When performing services the Offeror must be committed to AHFC’s risk management programs and accordingly, must make recommendations that are in the best interests of AHFC irrespective of Offeror’s other business or personal relationships. Services for this Contract will begin on January 15, 2025. AHFC’s insurance renewal period if October 1 thru September 30 every year. During this contract, AHFC anticipates evaluating the option to move the renewal period to align with AHFC’s fiscal year July 1 through June 30. Due to budgetary processes and approvals, AHFC requires policy quotes to be delivered no less than 30 days prior to renewal period assuming AHFC delivers requested Corporate applications and details to the Consultant within its requested timeline. 1.2 RISK IDENTIFICATION & ANALYIS 1.2.1 Risk & Statistical Analysis Together with AHFC staff, the Offeror will complete the following tasks no later than one hundred fifty (150) days prior to policy or contract expiration: • Review current business activities and associated exposures. • Review existing safety programs, and other risk control methods. • Assess self-insured retention limits. • Develop loss forecasts. • Evaluate risk to be retained, risk to be managed through the purchase of insurance coverage or other programs. • Identify risk funding alternatives, program alternatives.
