Insurance Brokerage and Consulting Services

The Gerald R. Ford International Airport Authority (GFIAA) is requesting proposals from qualified firms to provide Insurance Brokerage and Consulting Services for the marketing and placement of its consolidated insurance program and other insurance-related services required at the Authority. Coverages that will need placement are:

• Airport Owners and Operators General Liability
• Airport Owners and Operators Excess Liability
• Crime
• Cyber Security Liability
• Environmental Liability
• Workers' Compensation
• Vehicles and Equipment

The Gerald R. Ford International Airport is the second busiest airport in Michigan, serving business and leisure travelers with nonstop and connecting flights on eight airlines.

Work Scope - General Services

• Develop underwriting and marketing strategies to competitively secure the best coverages at the most reasonable cost using retention, contractual transfer, or other risk financing techniques consistent with the Authority's instructions.
• Identify viable insurance markets for the Authority's program and present insurers proposals for the Authority's consideration. [...]
• Request quotations for specified programs, respond to the underwriters' questions, and compile information in order for them to be able to fairly evaluate their exposures.
• Review insurance proposals (both new policies and renewal policies) for accuracy and conformity to specifications and negotiated coverages. [...]
• Provide insurance summaries of each policy which will include all pertinent information regarding limits, deductibles, perils, exclusions, etc.
• Bind, cancel, and administer all placements, binders, policies, and endorsements as requested in the timetable specified by the Authority.
• Within 60 days after award, the successful Proposing Entity shall conduct a review of Airport operations to identify potential hazards, risks, liabilities and claims potential. The successful Proposing Entity shall prepare a comprehensive risk analysis report that includes a formal summary of all findings and recommendations. The report must be submitted to GFIAA for review no later than 120 days after award.

Risk Management Services

• The successful Proposing Entity will be required to provide certificates of insurance and auto ID cards as appropriate.
• Review and evaluate all leases and contracts as requested by the GFIAA and comment as necessary on insurance coverages and limits.
• Provide claims management services. [...]
• Semi-annual loss reports (preferably electronic) for all lines complete with a status report of all open claims.
• Provide risk control services to reduce risk at key locations within the organization as requested.
• All insurance policies are to be placed with insurance companies that have an A.M. Best rating of at least A- with a financial size category rating of at least XI. All carriers must be licensed to do business in the State of Michigan.

**Submission:** Responses may be delivered physically or electronically. To be considered, complete submissions must be received prior to the due date and time specified (local time). Hard copy responses can be mailed or otherwise delivered to the address below. Electronic responses can be securely uploaded as a single pdf document to: https://www.dropbox.com/request/ymbjiuykrt3qv2u4lx43

**Contract term:** The Authority intends to award an agreement effective June 1, 2027. The term of this Agreement will be three (3) years, ending on May 31, 2030. The term may be extended by the Authority for two (2) additional one (1) year terms.

**Evaluation:** GFIAA will use a two-phase evaluation and selection process to identify the firm best qualified to provide Insurance Brokerage and Consulting Services. Phase I criteria: Approach and Recommendations (25), Proposed Staffing (15), Relevant Experience (15), Fee Structure (10), Overall Firm Capacity (15).

Proposals which fail to disclose compensation plan will be considered unresponsive.

Insurance requirements are posted on the Documents and Forms page of the GFIAA website within the Purchasing Terms and Conditions document.