Specifications include, but are not limited to: The Rhode Island Airport Corporation (RIAC) is soliciting proposals from experienced and
qualified insurance brokerage firms desiring to provide insurance services to RIAC that
include, but are not limited to, insurance placement and servicing, risk exposure analysis
claims servicing, and general advice for liability, property and other insurance coverages.
This agreement is for a three year period with the option to extend the contract annually,
up to a maximum of five years at RIAC’s sole discretion.
The successful proposer shall be a professional firm which independently practices as an
insurance broker, and whose principal corporate engagements, source of revenues, and
client base are derived solely from brokerage services rendered directly to clients. The
selected broker will be expected to maintain adequate staff and facilities, maintain and
retain records, maintain all required licenses, keep current on the changes in insurance
law, meet with RIAC staff and be fully prepared to address RIAC’s interests and needs in
terms of products and services.
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