Insurance Brokerage Services

2026-11-03

The East Orange Board of Education is requesting submissions for insurance consulting / brokerage services for aspects of the Board ’ s insurance programs under the School Business Administrator as assigned . Insurance consultants and brokers will have a close working relationship with the School Business Administrator and the Labor Relations Department . The insurance consultant / broker will be required to perform , as applicable , but not limited to the following services : ➢ Assistance with the development of long - range insurance strategies ; ➢ Management of aspects of East Orange ’ s insurance programs for which the consultant is retained ; ➢ Review of insurance policies and contracts to ensure adequate coverage for which the consultant is retained ; ➢ Recommendations and assistance in the procurement of insurance coverage , including preparation of any required RFPs ; ➢ Analysis of proposals in connection with insurance procurement , including , but not limited to establishing selection criteria , recommending marketplaces , evaluation of proposals and involvement in the selection process ; ➢ Identification and analysis of risks arising out of current and future operations ; ➢ Preparation of specifications for quotations every three ( 3 ) years or sooner , as required by the Board ; ➢ Loss Control and Safety Review Services as applicable ; ➢ Coordination of appraisals of physical assets to determine proper insurable values , limits required and special terms required by the Board as required ; ➢ Continuous review and analysis of loss information from current and prior insurance companies and presentation of findings to the Board ; ➢ Review of contracts for insurance compliance ; ➢ Acting as liaison between the Board and insurance carriers , brokers , providers , or claimants ; ➢ Monitoring , review and presentation of data to help manage claims on all current and future policies ; ➢ Review and analysis of rating classifications on various insurance contracts to determine the most beneficial ones to utilize ; ➢ Continuous review and analysis of insurance coverage and policies to keep up with industry changes , continuing operations and growth ; ➢ Research and analysis of alternatives to current risk funding mechanisms to meet the changing needs of the Board ; ➢ Preparation of all certificates of insurance , automobile identification cards and other required documents within 24 hours of the Board ’ s request ; ➢ Notification of Board staff as to local , state and federal regulations and recommendations for compliance as required ; ➢ Participation in on - going meetings with Board staff to review losses , safety recommendations , government regulations , insurance requirements , etc .

New Jersey

2026-04-29