10341-0-2024 AB RFP Insurance Brokerage Services for Property and Casualty Insurance Policies

The City of Norfolk (the “City”) invites proposals from insurance brokers for marketing, claims assistance, and advisory services related to property and casualty insurance policies. BackgroundThe City desires to maintain insurance policies that protect the City from the financial impacts of the below:Larger losses to the City’s property and infrastructure, fine arts, and valuable papers, as well as potential business interruption and extra expense costs that might arise from the City’s loss exposures,Losses from legal liability claims and suits,Cyber-related first and third-party losses, as well as breaches of sensitive data in all formats (digital, paper, etc.) maintained by the City, andContingent losses resulting from events such as loss of attraction, malicious acts, and climatic and natural events.TimelineRelease Project Date:March 13, 2024Question Submission Deadline:March 22, 2024, 5:00pmQuestion Response Deadline:March 26, 2024, 5:00pmProposal Submission Deadline:April 3, 2024, 2:00pmContractor Selection Date:April 30,