When is the submission deadline?

Submissions are due August 7, 2026. Questions must be submitted by July 22, 2026.

It was issued by University Of Missouri System. The work is located in Columbia, Missouri, United States.

Who is a good fit for this opportunity?

Insurance brokerage firm with public sector or higher education risk management experience. Demonstrated expertise in insurance placement, coverage analysis, and self-insurance consulting. Strong claims advocacy and claims administration support capabilities. Ability to provide annual stewardship reporting, market forecasting, and loss trend analysis. Licensed to provide insurance brokerage services in Missouri. Experience supporting complex institutional insurance and regulatory reporting needs.

Insurance Broker and Risk Management Services (Due August 7, 2026)

Overview

Financial, Legal, HR & Staffing

Columbia, Missouri, United StatesPosted: July 8th, 2026Deadline: August 7th, 2026

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SUMMARY

A public agency in Columbia, Missouri is soliciting insurance broker and risk management services, including coverage placement, claims support, and strategic risk consulting. The work also requires stewardship reporting, market analysis, and assistance with regulatory and training needs.

KEY REQUIREMENTS

Must provide a certificate of errors and omissions coverage with limits not less than $50,000,000 and A.M. Best rating minimum of A-, VIII
Must designate a single, dedicated Account Executive with experience managing large, complex higher education and/or health care accounts
Must facilitate placements of coverage internationally as well as domestic
Must place coverages >= $10M in premiums in each of the University’s major self-funded insurance lines
Must disclose all direct and indirect compensation associated with the proposed services
Must be able to provide certificates of insurance and requested endorsements within 24 hours under normal circumstances and 12 hours for urgent requests
Must agree to the University's General Terms and Conditions
Must be authorized to represent and bind the company

CONTRACT DURATION

120 months

TIMELINE

Questions Deadline: July 22nd, 2026

Response Deadline: August 7th, 2026

In-person presentations: August 24th, 25th, and 26th, 2026

QUESTION DEADLINE

July 22nd, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

University Of Missouri System

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority located in Columbia, Missouri is seeking a qualified vendor to provide a full range of insurance broker and risk management services. The selected firm will support the marketing and placement of insurance coverages, advise on coverage issues and self-insurance operations, and help maintain a cost-efficient risk financing structure using effective risk transfer mechanisms. Services also include seeking competitive insurance programs, preparing detailed coverage comparisons, conducting annual stewardship meetings, and providing market analysis and forecasts by insurance line.

The scope includes claims support services such as assisting with claim reporting, administration, and resolution; preparing claims documentation; coordinating with insurers; and advocating on disputed, complex, or high-severity claims. The vendor will also monitor claim handling, provide status updates, supply annual and on-request loss runs and claims reports, analyze claims and loss data for trends, and participate in claims review meetings, audits, and file reviews as requested.

In addition, the contractor will provide risk management consulting services to identify, evaluate, and mitigate risk exposures, including recommendations for alternative risk financing and risk transfer strategies. The firm may also assist with presentations, training, educational programs, and reports or analyses requested by governmental or regulatory agencies. An annual stewardship report summarizing services, accomplishments, upcoming initiatives, and strategic recommendations will be required. Questions are due by July 22, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due August 7, 2026. Questions must be submitted by July 22, 2026.
Who issued this RFP?: It was issued by University Of Missouri System. The work is located in Columbia, Missouri, United States.
Who is a good fit for this opportunity?: Insurance brokerage firm with public sector or higher education risk management experience
Demonstrated expertise in insurance placement, coverage analysis, and self-insurance consulting
Strong claims advocacy and claims administration support capabilities
Ability to provide annual stewardship reporting, market forecasting, and loss trend analysis
Licensed to provide insurance brokerage services in Missouri
Experience supporting complex institutional insurance and regulatory reporting needs

Analysis generated by Settle AI from the source RFP.

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Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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