Vendor needs to provide commercial insurance brokerage services to the government authority located in Mississippi.
- Serve as liaison between OI and the selected insurers, keeping OI fully apprised of any and all matters that materially impact the coverage
- Develop and place the most effective and cost-efficient insurance coverages and provide a range of consulting services associated with the Statewide property program
- Develop and implement strategy to generate and maintain competitive interest in MDFA's insurance coverages from the available domestic/international markets
- Identify and organize pertinent information to effectively market the State's property coverage program
- Coordinate and assist with the preparation of coverage applications and related reports necessary for submission to underwriters, syndicates, and interested insurers
- Analyze exposure, claims, coverage forms, and current program data to determine various options in property program structures and provide recommendations to make the program more efficient and effective
- Disclose coverage additions and coverage restrictions on all renewal quotes in a chart format as compared to the expiring coverage
- Monitor claims submitted to the markets to ensure they are properly handled and responded to in a timely manner; Provide confirmation to OI with the markets on all claims, including claim number and representative contact information.
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