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Iowa Department of Administrative Services·Iowa

Group Errors & Omissions Insurance - Iowa Real Estate Commission

Closes 6/16/2026$500k – $2MRequest for Proposal
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Description

The State of Iowa is seeking a provider for group errors and omissions insurance (professional liability) for the Iowa Real Estate Commission. The selected provider will be responsible for coverage and administration of the insurance. Key aspects of the job include: • Providing group errors and omissions insurance coverage to the Iowa Real Estate Commission • Administering the insurance program • Ensuring compliance with all relevant laws and regulations • Providing excellent customer service to the commission and its members The ideal provider will have experience in providing similar insurance services to government agencies or professional organizations.

Attached files

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

Contact

Jocelyn Brincks(Strategic Sourcing Specialist)

[email protected]

(515) 499-3659

Key dates

Opened
5/17/2026
Closes
6/16/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
005-RFP-2678-2026

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is difficult to estimate without more information about the scope of the insurance program and the number of participants. However, based on the fact that it is a group errors and omissions insurance program for a state agency, the budget could be in the range of $500,000 to $2 million per year, depending on the premium rates and the number of claims filed. The actual budget could be higher or lower, depending on various factors such as the provider's administrative costs, the level of coverage provided, and the frequency and severity of claims.

AI estimate from the solicitation

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