Insurance Review, Tracking and Management Reissue Service

Location:

Chicago, Illinois, United States

Posted on:

Deadline:

Summary:

The government authority in Chicago seeks a vendor to review, track, and manage insurance reissue services for developer-financed projects, ensuring compliance with industry and agency standards.

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A government authority in Chicago, Illinois is seeking a vendor to provide insurance review, tracking, and management reissue services. This includes reviewing certificates of insurance to ensure developers meet current industry standards and agency requirements. Services cover initial insurance review during the construction period and relevant renewals. The vendor will need to handle various types of insurance, including general liability, property and building insurance, umbrella liability, fidelity and employee crime coverage, automobile liability, workers' compensation, flood insurance as determined by flood zones, and mine subsidence insurance as required by county regulations.

The developer is defined as the loan borrower, and each development or project refers to the buildings subject to agency financing. Appropriate endorsements in favor of the agency are required for all insurance types. The contract period for this engagement will be one year.

Best-fit vendors:

• Expertise in insurance review and compliance management

• Experience working with government or municipal agencies

• Familiarity with industry insurance standards

• Ability to handle multiple insurance types and endorsements

• Strong track record in project or developer insurance administration

BG

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Submit your next proposal, within 48 hours or less

Stay ahead with the latest advancement in proposal automation.

BG

Submit your next proposal, within 48 hours or less

Stay ahead with the latest advancement in proposal automation.