The Montgomery County Government, as authorized by County code, operates the Montgomery County Self-Insurance Program (MCSIP). This program has been in existence since July 1, 1978. The program provides self-insurance and commercial coverage to its members. Current members are Montgomery County Government, Montgomery County Public Schools, Montgomery Community College, Montgomery County Revenue Authority, Housing Opportunities Commission of Montgomery County, Rockville Housing Enterprises, Maryland-National Capital Park and Planning Commission, Town of Somerset, City of Gaithersburg, Bethesda Urban Partnership, Village of Friendship Heights, the Village of Drummond, Chevy Chase Village, and the Town of Garrett Park. The independent fire corporations within Montgomery County participate for Workers' Compensation coverage.
Coverage provided through the insurance program includes Workers' Compensation, General Liability, Automobile Liability, Automobile Physical Damage, Excess Liability, Public Officials Liability, Fiduciary Liability, Crime, Public Official Bonds, Railroad Protective Liability Policy and Real and Personal Property and miscellaneous other policies. Real and Personal Property is commercially insured above a retention of $250,000 (direct writer). A separate commercial Property Policy for the Waste-to-Energy Plant is maintained. Liability coverage is retained to $3,000,000 per occurrence. Commercial Excess liability coverage over the retained limit has been purchased for the program. Cyber Liability and other specialty coverages are also placed through this program.
The Montgomery County Department of Finance, Division of Risk Management, is soliciting proposals from qualified insurance brokers to provide marketing, placement of insurance policies, and other broker services for the County's property and casualty program as listed below in 5.1.1 and 5.1.2.
Statewide