Description
The State of Michigan's Department of Insurance and Financial Services is seeking actuarial examination services for captive insurance companies. The contract term is three years with up to three 2-year renewal options. The selected vendors will provide actuarial examination services, including reviewing and analyzing captive insurance company data, and providing recommendations to the State. The vendors will be evaluated based on their technical proposal, which includes their experience, qualifications, and approach to the work, as well as their price proposal.
The key aspects of this opportunity include:
• Providing actuarial examination services for captive insurance companies
• Reviewing and analyzing captive insurance company data
• Providing recommendations to the State
• A contract term of three years with up to three 2-year renewal options
• Evaluation based on technical proposal and price proposal