Captive Financial Examinations of Insurance Companies Service
Overview
Fit Score
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
TIMELINE
RFP issue date: May 21st, 2026
Deadline for bidders to submit questions: May 29th, 2026
Anticipated date the State will post answers: June 8th, 2026
Proposal deadline: June 22nd, 2026
QUESTION DEADLINE
Issuing Agency
Department Of Insurance And Financial Services
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The government authority in Michigan is seeking a vendor to conduct captive financial examinations of insurance companies. This service includes assessing the solvency of captive insurance companies and the protection of affiliated entities, while ensuring full compliance with state laws.
Examinations may involve either full-scale reviews of a company's financial standing or completing designated tests on specific information or data. The scope allows for both comprehensive and targeted financial analyses based on the authority's requirements.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due June 22, 2026. Questions must be submitted by May 29, 2026.
- Who issued this RFP?
- It was issued by Department Of Insurance And Financial Services. The work is located in Lansing, Michigan, United States.
- Who is a good fit for this opportunity?
- Expertise in insurance company financial examinations
- Strong knowledge of Michigan state regulations and captive insurance laws
- Experience with governmental or regulatory agency audits
- Team of certified public accountants or similar professionals
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