Specifications include, but are not limited to: The current budget for the RI Life Science Hub is approximately $45 million, divided between operating and programmatic budgets, which are tracked separately. Firms must respond to all elements of the Scope of Work. The RI Life Science Hub is seeking to enter into an agreement with an insurance brokerage firm to evaluate and enter into policies for general liability insurance, directors’ and officers’ insurance, and cyber insurance. Responding firms, please provide the information requested below for evaluation. • Information about the firm o Number of employees o Amount of insurance brokered annually o Lines of coverage o How long in business o Number of insurance companies you do business with and identify them o The firm’s philosophy regarding acceptable insurance ratings, etc.
