Notice of Award – Broker of Record for Medical and Dental Insurance

Closter Public Schools selected Brown and Brown Benefit Advisors as its Broker of Record for employee medical and dental insurance programs. The broker will act as the primary liaison between the district and the insurance carriers, handling enrollment, advisory, and administrative services. Compensation is derived solely from carrier‑paid commissions; the district incurs no direct fee. The award follows a competitive RFP process and is effective July 1 2026, with an initial term renewable annually for up to five years. • Scope: Serve as the district’s principal insurance broker for group medical and dental benefits. • Compensation: No direct cost to the school; revenue comes from commissions paid by carriers. • Term: Starts 7/1/2026, renewable each year, up to a maximum of five years. • Procurement: Awarded after a fair and open competitive RFP process under New Jersey procurement statutes.