Specifications include, but are not limited to: Insurance Purchases: The Office Risk Management for St. Louis County shall purchase all insurance or bonds of any type or description after receiving recommendations from the County’s Insurance Consultant. Such coverages shall include the following requirements: A) Agent Requirement: Written through a Missouri licensed insurance broker or agent. B) Carrier License in State of Missouri: The County requires the use of Admitted Insurance Companies. C) Name of Insurance Company: The name of the insurance company or companies shall be stated in the bid on the Insurance Company Rating Sheet in Section VII. D) Financial Rating of Carrier: The County requires a company with no less than a Best’s Rating of A-XI. E) Professional Liability Insurance: The successful bidder shall provide the County with a certificate of insurance indicating their agency's Errors & Omission Coverage. A minimum of $2,000,000 per occurrence & $3,000,000 aggregate is required during the term of this contract. F) Market Selection: It is necessary that only one broker must be named for each insurance company’s bid. It is not permissible for any broker to tie up a number of insurance companies. The insurance coverage is currently structured so that two insurance carriers share the exposure: a primary and an excess. For this bid, each broker is allowed to name two markets, a primary and an excess, during the bid letting process. During the market selection call in period, additional brokers from each insurance agency may be named as the broker representing an insurance company that has not been chosen. Do not list insurance companies for which your agency is not authorized to do business with.