The purpose of this RFP is to engage an insurance advisor to assist in developing a comprehensive insurance program. Infrastructure Ontario has four businesses that deliver results directly to clients, including Project Delivery, Lending, Real Estate Management, and Commercial Projects. These businesses are supported by professional staff in Communications, Program Management, Legal Services, Human Resources, Information Technology, Procurement, Finance and Risk Management.
IO’s Corporate Insurance Program consists of Commercial Package Policy (liability, contents), Umbrella Liability, Auto, Directors & Officers, Employment Practice Liability, Professional Errors & Omissions, Fiduciary, and Crime.
IO also participates in the Government of Ontario’s General & Road Liability Protection Program
Services to be provided will include:
- Review and understand business requirements and provide recommendations for program enhancements;
- Program Marketing (with insurers having a secure A.M. Best rating of B+ or greater, or equivalent);
- Provide updates on current trends that may impact IO;
- Benchmarking against comparable organizations to IO;
- Claims Management Support; and
- Annual Stewardship and Program Review Report.
Note: Services related to IO’s Construction Insurance Program (IO CIP) are not included in this RFP.
