Insurance Broker Services

A government authority in Las Cruces, New Mexico is seeking a qualified firm to provide insurance broker services for a one-year contract term. The selected broker will serve as the authority’s insurance advisor and representative in the placement and servicing of insurance coverage.

Scope of services includes insurance brokerage, marketing, placement, and account management. The broker will review the insurance program, including policies, premiums, deductibles, self-insured retentions, and significant exposures, and will identify coverage gaps, overlaps, or opportunities for improvement. The broker is also expected to provide timely and unbiased information on the most advantageous insurance markets based on cost, service, coverage, and financial stability.

Additional responsibilities include assisting with the preparation of underwriting data required by insurers, marketing insurance policies requested by the county, and presenting all reasonable offers with broker recommendations in a timely manner. The broker must demonstrate a strong understanding of self-insurance plans, excess policies, and structured insurance programs, maintain access to the insurance market, and solicit competitive quotations from qualified insurers.