Property Insurance Brokerage Services

The City of Indianapolis is seeking a qualified broker to provide comprehensive property insurance brokerage services. The selected firm will be responsible for assessing the city’s insurance needs, negotiating coverage and terms with carriers, managing policy administration, and advising on risk mitigation strategies for municipal properties. This contract aims to secure cost‑effective, reliable insurance coverage while ensuring compliance with applicable regulations and city policies. • Scope includes analysis of existing property insurance programs and development of a unified brokerage strategy. • Vendor must negotiate with multiple insurance carriers, obtain competitive quotes, and recommend optimal coverage levels. • Ongoing administration, claims assistance, and periodic reporting to the city’s Controller’s Office are required throughout the contract term.