Contour, Composition and Color: Lessons from a Broker Bidding Process
Is your insurance broker a masterful artist, or an unimaginative amateur? Nonprofit leaders depend on sound, timely advice from agents and brokers with deep knowledge and stellar reputations. How do you know if your broker is the best available advisor? A broker bidding process is a structured way to solicit and consider proposals from qualified bidders. Most nonprofits that undertake this process include their incumbent provider. While not recommended as an annual or even bi-annual event, this periodic process can yield valuable information and insights. Attend this session to hear from two nonprofit leaders who recently managed broker bidding processes for their organizations.