Captive Insurance Application & Financial Review

The Division of Insurance is seeking a Vendor to review and analyze captive insurance company applications and annual financial statements. The Vendor must be able to begin services in February of 2026. The scope of work includes application analysis, annual financial analysis, and training. The Vendor will provide recommendations concerning approval or disapproval of applications and analyze financial filings to determine financial soundness. • The Vendor must have specialized expertise, capabilities, and technical competence to meet the project requirements. • The Vendor must have resources available to perform the work within the specified time limits. • The Vendor must have a record of past performance, including price and cost data from previous projects. • The Vendor must have availability to the project locale and familiarity with the project locale. • The Vendor must have proposed project management techniques and ability to handle special project constraints. • The Vendor must provide a cost proposal that includes all costs related to the provision of the required services.