RFP for Insurance Broker Services

Request for Proposals for Insurance Broker Services

RFP No. (2019 - GA - 05)

Massachusetts Technology Collaborative (“Mass Tech Collaborative” or “MassTech”) is issuing this Request for Proposals (RFP 2019-GA-05) (the “RFP” or “RFP”) to solicit responses from qualified commercial lines insurance Brokers (“Applicants”). MassTech is seeking a broker that has the appropriate insurance markets (commercial lines insurance carriers) to insure its business and operational risks; has significant leverage with these markets (premium volume/clients) to be competitive with the coverage and pricing in MassTech’s current program; and has the necessary internal resources and experience in servicing clients similar in size and needs to MassTech. Applicants will be competing against each other for selection to provide the services set forth herein (the “Services”). The submissions of all Applicants shall be compared and evaluated pursuant to the evaluation criteria set forth in this RFP, and a single Applicant may be selected.

Full details included in the RFP below.

Team Lead Mary Creamer, creamer (at) masstech.org
RFP Issued and Posted May 2, 2019
Letter of Intent Due May 17, 2019, 3:00 p.m. EST
Finalists  Selected and Notified May 31, 2019
Market Requests Due June 14, 2019, 3:00 p.m. EST
Markets Assigned July 1, 2019
Finalist Questions Due August 21, 2019, 3:00 p.m. EST
Applications Due August 26, 2019, 3:00 p.m. EST
Notification of Award September 9, 2019

Download Application Document: