Commercial General and Excess Liability Insurance Broker Services

Solicitation #:7571
Issue Date:04/28/2021
Proposal Due:05/20/2021 - 5:00 PM
Classification:Professional Services
Type:Discretionary Purchase
Status:New
Contract Terms
3 years with 2 one year renewal options
Location Where Goods to be Delivered or Service Performed
DASNY

The Dormitory Authority of the State of New York (DASNY) intends to procure an insurance broker to provide broker/marketing and program support services for its Commercial General and Excess Liability Insurance Program for the October 1, 2021-2022 through 2023-2024 policy years. It is DASNY’s intent to select and award a contract to one Broker from this solicitation. 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.

Interested firms must possess: The broker must be a NYS certified MWBE licensed insurance broker or a team led by a NYS certified MWBE licensed insurance broker. The lead broker shall clearly demonstrate its capabilities in managing and or providing the requisite services listed below, for brokerage placement, claims administration assistance, and risk management support services. Furthermore, if a team is proposed, the team must clearly define the roles and or services each team member will deliver or provide.

The Broker must demonstrate successful brokerage experience for commercial and/or government clients. The Broker must demonstrate the ability to access markets of sufficient capacity to meet the minimum program limits of $80 million with carriers minimally rated “A-“ by A.M. Best at the time of submittal.

The Broker must demonstrate the ability to perform risk identification, coverage, limits, loss, and pricing analyses required to effectively service DASNY and its clients. The Broker must demonstrate strong claims support services for a large/active client program, including the ability to collaborate with and/or provide administrative services alongside of other independent service providers. 

The Broker must provide evidence of in-force Errors & Omissions coverage with minimum limit of $10,000,000 or provide proof of insurability with a current quote for limits required to increase existing coverage to $10,000,000 upon notification of selection and prior to beginning work and/or award of contract.

Brokers proposing with a team must provide evidence that the lead MWBE broker shall solely fulfill this, and any other insurance obligations enumerated in the Sample Contract, without reliance on insurance provided by other team members.

The Broker must demonstrate the ability to access expert loss control/engineering support services for a portfolio of higher education institutions, including high-rise residential exposures. The Broker must possess a valid and current New York State Property & Casualty Insurance Broker’s license. All certified MBE/WBE firms submitting proposals to this RFP should be registered as such with the New York State Department of Economic Development.

If the Broker is a joint venture, the Proposal shall be signed by the joint venture. Anyone signing the Proposal as an agent shall file with it legal evidence of his or her authority to execute such Proposal.  If the Broker is a joint venture, provide a copy of the executed joint venture agreement and a W-9, as well as evidence of insurance coverage, in the name of the joint venture. DASNY prefers to compensate insurance brokers on a fee basis, but commissions will be considered upon request. In either case, the Broker will be 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.

NOTE: The selected Broker will be responsible for marketing DASNY’s programs to insurance carriers. DASNY reserves the right to inquire as to the respondent’s preferred markets at any time during the procurement process. However, such inquiries should not be considered a promise of assignment or authorization to approach those markets, or any markets, on behalf of DASNY. 

Pursuant to Executive Order No. 170.1 – Uniform Guidelines for Responsibility Determinations, Executive Order No. 125 – NYS Vendor Responsibility Questionnaire and Executive Order No. 192 – Continuing Vendor Integrity, DASNY may only award a contract to a responsible proposer. A responsible proposer must have the integrity to justify the award of public dollars and the capacity to perform the requirements of the contract fully. The proposer must file a vendor responsibility questionnaire with DASNY. The questionnaire provides the proposer an opportunity to self-disclose any issues and provide necessary information, which DASNY will use as part of its determination.

Firms interested in responding to this solicitation may access the RFP and related documents from DASNY’s website at https://www.dasny.org/opportunities/rfps-bids/professional-services to view the full details of this opportunity and attachments.  The deadline for responses to the RFP is 5:00pm on May 20, 2021. Responses received after this date will not be accepted.

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 Rachel Scaccia, 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/defaultAdvisoryCouncil 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

Rachel Scaccia

Contract Administrator

DASNY

Professional Services

515 Broadway

Albany, NY 12207

United States

Email: [email protected]

Submit To Contact

Rachel Scaccia

Contract Administrator

DASNY

Professional Services

515 Broadway

Albany, NY 12207

United States

Email: [email protected]

Technical Contact

Rachel Scaccia

Contract Administrator

DASNY

Professional Services

515 Broadway

Albany, NY 12207

United States

Email: [email protected]

Company Name Contact Name Phone Email Website Fax Designation Goods/Services
Blue Rock Insurance Services Inc Constance Sung 7188866601 [email protected] www.hibluerock.com
  • Minority Owned Business (MBE)
  • Women Owned Business (WBE)
  • NYS Certified Minority Owned Business (NYS-Cert. MBE)
  • NYS Certified Women Owned Business (NYS-Cert. WBE)
Harold L. Lee & Sons, Inc. Stephen Boon 2129622196 [email protected] www.leeins.com 2122331421
  • NYS Certified Minority Owned Business (NYS-Cert. MBE)
  • NYS Certified Women Owned Business (NYS-Cert. WBE)
Property & Casualty, Mechanical Breakdown, Blanket Crime.
Marcia C Brogan Agency LLC Marcia C Brogan 7169121803 [email protected] Marciabroganinsuranceagency.com
  • Women Owned Business (WBE)
consultant
XYZ TWO WAY RADIO INC. Paco Soto 7184087516 [email protected] www.xyzcar.com 7187685068
  • Equal Employment Opportunity (EEO)
PASSENGER TRANSPORTATION, AIRPORT TRANSFERS, EVENT TRAVEL, PACKAGE DELIVERY

COMMERCIAL INSURANCE - ALL TYPE OF INSURANCE- HOMEOWNERS, VAN,BUS ,BUILDING,PROJECT