Description
The State of Florida’s Office of Insurance Regulation is seeking a qualified consulting firm to conduct a multi‑state market conduct examination of the National Council on Compensation Insurance, Inc. (NCCI). The contractor will review compliance with Florida insurance statutes, analyze market practices across states, prepare findings, and deliver a final report. The contract runs from execution (anticipated early November 2026) through June 30 2027 and is not renewable. All responses must be submitted electronically by 3:15 PM ET on 19 Oct 2026, with questions due by 5 PM ET on 1 Oct 2026. No pre‑bid conference is scheduled. The award will be made to the most responsive and technically qualified respondent.
• Perform a comprehensive market‑conduct examination of NCCI under Fla. Stat. §§ 624.3161 & 766.315(5)(e).
• Review data, interview key personnel, and assess compliance with state insurance regulations.
• Produce a detailed analytical report and recommendations for the Office of Insurance Regulation.
• Comply with all data‑security requirements (NIST framework, SSAE‑18 SOC 2 audits, data‑encryption, U.S.‑based storage).
• Submit all required certifications, questionnaires, and hourly‑rate schedule as part of the response.