Comprehensive Insurance Broker Services

2026-11-03

The successful Broker must provide , at a minimum , the following insurance brokerage services and insurance coverages which are not limited to , the following : All Plans & Programs A . Develop specifications for the insurance program and market the program for coverage when instructed to do so by TAIT , including completion of all applications , documents and gathering data which may be requested by insurance companies . B . Analyze proposals received from various insurance companies and other parties , negotiate changes for the benefit of TAIT and verify the reasonableness of the price for the coverage provided . Make recommendations to TAIT as to the most advantageous insurance program providing the highest level of coverage at the best possible price to meet TAIT ’ s needs and objectives . C . Provide TAIT with a summary of various insurance program options , including but not limited to : limits , coverages , retention levels , terms , conditions , payment options and self - insurance . D . Provide analysis and recommendations as to the most cost - effective means for addressing TAIT ’ s potential risks . E . Represent TAIT in all negotiations with insurers , underwriters and other parties with regard to the Airport ’ s insurance programs . F . When instructed to do so by TAIT , administer the placement of coverage and provide original binders , policies and endorsements in a timely manner to designated staff . G . Provide extensive review of binders and policies including verification of conformity to specifications . Request any necessary endorsements / changes / revisions that may be required . H . Assure that insurance policies are placed with reputable and financially responsible insurers ( based on insurance rating among other criteria ), including keeping TAIT informed of any changes in rating of the insurers and making recommendations should ratings change during the policy term . PROPERTY / RISK SPECIFIC : S . Evaluate all properties and recommend any changes to current values . T . Review loss runs quarterly , provide copies of the loss runs to Airport ’ s Director of Risk and advise of any anticipated problems . U . Broker shall maintain lists ( including but not limited to Property Schedule ; Insured Vehicle Schedule ; Employee Driver List and Equipment Schedule ) and provide to staff upon request . V . Submit all premiums / payments to carriers and other parties . All payments / premiums will be made to the selected Broker . • HEALTH & WELLNESS BENEFITS SPECIFIC : W . Provide access to , manage , and maintain an online benefits administration platform on behalf of TAIT . X . Review programs for utilization quarterly , provide copies of the utilization reporting to Airport ’ s Designee and advise of any anticipated concerns with mitigation recommendations . Y . Consistently maintain and allocate sufficient staffing resources that are qualified and available to provide timely technical expertise and consulting services in various specialized disciplines for TAIT ’ s brokerage needs . Z . Provide administration support to third party vendors on behalf of TAIT ( HAS / flex account management , COBRA , Healthee App , etc .). Coverage The Broker must be able to place coverages prior to expiration of current policies and contingent upon Trustee approval , the insurance coverage as listed below : Coverage / Current Provider Expiration of Current Policies Public Officials and Employment Practices Liability Current Carrier : Navigators Insurance Company June 30 , 2026 Property Current Carrier : AIG Specialty Insurance Company June 30 , 2026 Commercial Auto Current Carrier : Granite State Insurance Company June 30 , 2026 Employers ’ Liability ( Workers ’ Compensation ) Current Carrier Milford Casualty Insurance Company June 30 , 2026 General Liability Chubb ( ACE Property and Casualty Insurance Company ). June 30 , 2026

Oklahoma

2026-04-08