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City of Terre Haute·Indiana

Property and Casualty Insurance 2026 RFP

Rolling / TBD close$45k – $100kRequest for Proposal
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Description

The City of Terre Haute is seeking a broker‑of‑record to manage its entire Property & Casualty insurance program for the 2026‑27 term. The selected firm must market the program, negotiate renewals, provide claims advocacy, risk‑management consulting, and ongoing reporting, while disclosing all compensation. The contract will be effective with the policy start date of May 1 2027 and runs for one year, with the potential for renewal. The incumbent broker may also submit a proposal. • Scope includes all P&C lines (property, liability, auto, cyber, umbrella, etc.) except employee‑benefits. • Required services: market program, negotiate renewals, claims assistance, risk‑control consulting, annual stewardship reporting, and full compensation transparency. • Mandatory submission deadline: 9:00 a.m. EDT on Dec 14 2026; questions due by Nov 16 2026; anticipated award Jan 11 2027.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Robin A. Drummy(BOPW Administrator)

[email protected]

Key dates

Opened
10/16/2026
Questions due
11/16/2026
Closes
Rolling / TBD
Projected award
1/11/2027
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524210

Budget estimate

$45,000 – $100,000

Based on the current premium of $899,224 and typical broker compensation structures (5‑10% commission plus possible flat‑fee components), the expected revenue for the contractor would likely fall between roughly $45,000 and $100,000 for the one‑year term. Larger firms offering extensive risk‑management services may command higher fees, while smaller firms may price closer to the low end.

AI estimate from the solicitation

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