Workers Compensation and Auto Liability Insurance Broker

The Dormitory Authority of the State of New York (DASNY) intends to procure an insurance broker for its Workers Compensation and Auto Liability insurance program for the December 1, 2020-2021 through 2022-2023 policy years. In accordance with the Public Authorities Law, Section 2879 and the New York State Executive Law, Article 15-A, this opportunity is solely intended for certified MWBE’s. 

DASNY’s Workers Compensation Program currently has a $500,000 deductible, with a $1,100,000 aggregate.  The Commercial Auto Liability Insurance Program is a $5,000,000 combined single limit (Covered Autos Liability only) program. The broker will bring to DASNY a program of risk financing and claims/loss control services that will support efforts to manage its exposures to risk and control the costs associated with those exposures. Services may be provided through a combination of broker and/or carrier resources, unless otherwise noted.

DASNY is seeking proposals from firms seeking to provide insurance broker services that will bring a program of risk financing, claims and loss control services in support of DASNY’s efforts to manage its exposures to risk and control the costs associated with those exposures. Interested firms must possess:

• substantial expertise and experience working with a large deductible Workers’ Compensation program placed in New York State;
• strong knowledge of all aspects of the NYS Workers’ Compensation insurance system, including premium rating/audit and claims management/administration;
• strong knowledge of the NYS Commercial Auto Liability insurance market;
• experience marketing and placing non-standard/multi-faceted risks with highly rated insurance carriers;
• access to markets rated “A”-or better by AM Best and an ability to favorably present DASNY to the insurance markets to solicit a competitive quote/proposal;
• a valid and current Property & Casualty Insurance Broker’s license issued by the New York State Department of Financial Services; and
• minimum Errors & Omissions Liability insurance limits of $5,000,000.
• certification that your business is a Minority or Women Business Enterprise

DASNY prefers to compensate insurance brokers on a fee basis, but commissions will be considered upon request.  In either case, the broker is required to disclose all sources of revenue to be earned by the broker and/or its affiliated organizations in association with the placement of the insurance programs and/or any services provided in association with those programs. 

For more details regarding this solicitation please refer to DASNY’s website at https://www.dasny.org/opportunities/rfps-bids/professional-services

In accordance with State Finance Law § 139-j and § 139-k, this solicitation includes and imposes certain restrictions on communications between Dormitory Authority personnel and an Offerer during the procurement process. The designated staff for this procurement is Jacqueline McGovern, RFP Coordinator (ph: 518-257-3333, Email: [email protected]). Contacts made to other Dormitory Authority personnel regarding this procurement may disqualify the Offerer and affect future procurements with governmental entities in the State of New York. Please refer to the Authority’s website (www.dasny.org) for Authority policy and procedures regarding this law, or the OGS website (www.ogs.state.ny.us/aboutogs/regulations/defaultAdvisoryCo uncil html) for more information about this law. All proposers, domestic and foreign, must be in compliance with New York State business registration requirements. Contact the NYS Department of State regarding compliance. In addition, business entities proposing to provide professional engineering services must obtain a Certificate of Authorization to Provide Engineering Services in New York State from the State Education Department. Proposals must be submitted in the full legal name of the proposer, or the full legal name plus a registered assumed name of the proposer, if any.

Primary Contact

Jacqueline McGovern

Senior Contract Administrator

DASNY

Procurement

515 Broadway

Albany, NY 12207

United States

Phone: (518) 257-3333

Fax: (518) 257-3955 (fax)

Email: [email protected]

Submit To Contact

Jacqueline McGovern

Senior Contract Administrator

DASNY

Procurement

515 Broadway

Albany, NY 12207

United States

Phone: (518) 257-3333

Fax: (518) 257-3955 (fax)

Email: [email protected]

Firms responding to Request for Proposal (RFP).

The Contractor listed below has been awarded the Contract for the above listed Project as of the date provided.