Government authorities in East Orange, New Jersey are seeking qualified vendors to provide comprehensive insurance brokerage services. The selected consultant will assist in the development of long-range insurance strategies, ensuring that all policies and contracts offer adequate coverage and address potential risks arising from current and future operations.

Key responsibilities include analyzing insurance procurement proposals, establishing selection criteria, recommending appropriate marketplaces, and being actively involved in the evaluation and selection process. The consultant will also conduct loss control and safety review services, coordinate appraisals of physical assets for proper coverage, and continuously review and analyze loss and claims data.

The scope of work extends to reviewing contracts for insurance compliance, liaising between the Board and insurance carriers, brokers, or claimants, performing self-insurance feasibility studies, and preparing specifications for quotations as needed. Consultants are also expected to recommend risk-reduction strategies and provide consultation on the impacts of various insurance strategies undertaken by the Board.