When is the submission deadline?

Submissions are due August 21, 2026. Questions must be submitted by August 10, 2026.

It was issued by Nassau Health Care Corporation. The work is located in East Meadow, New York, United States.

Who is a good fit for this opportunity?

Insurance risk consulting firm with professional liability expertise. Demonstrated experience with captive insurance and alternative risk financing structures. Knowledge of Cayman and United States captive domiciles and regulatory requirements. Actuarial and financial modeling capabilities, including stress testing and claims analysis. Experience advising on captive restructuring, risk retention groups, and capitalization strategy.

Professional Liability Insurance Strategic Planning Services (Due August 21, 2026)

Overview

Financial, Legal, HR & Staffing

East Meadow, New York, United StatesPosted: July 31, 2026Deadline: August 21, 2026

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SUMMARY

The organization is seeking professional liability insurance specialists to assess its current captive structure and recommend future risk financing strategies. Services include domicile analysis, captive diagnostics, and actuarial and financial feasibility modeling.

KEY REQUIREMENTS

Must have at least 10 years of experience providing similar services to healthcare systems
Must have at least 10 years of experience working with government entities, such as agencies or public benefit corporations
Must possess and document extensive advisory and captive management experience in both on-shore and off-shore domiciles
Must have specific experience with Cayman Islands regulatory frameworks
Must act as an objective consultant and disclose any potential conflicts of interest
Must be licensed and authorized to do business in the State of New York
Must provide a completed MWBE Utilization Plan
Must provide proof of commercial general liability, professional liability, workers' compensation, and cyber liability insurance

TIMELINE

Issue RFP: July 31st, 2026

Deadline for Questions: August 10th, 2026

Proposals Due: August 21st, 2026 at 4:00 p.m.

QUESTION DEADLINE

August 10, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Nassau Health Care Corporation

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The organization seeks a qualified vendor to provide strategic planning services for its professional liability insurance program. The engagement will assess the current professional liability risk financing structure, including the existing captive management arrangement, and provide actionable recommendations for future risk financing.

The selected provider will evaluate strategic alternatives such as restructuring the existing Cayman captive, forming a new single-parent captive onshore, establishing a risk retention group, or pursuing other viable structures. The work will include comparative analysis of onshore and offshore captive domiciles, with consideration of regulatory environments, capitalization requirements, and tax implications.

The engagement will also include a comprehensive diagnostic review of the existing offshore captive, covering operational efficiency, capitalization, and historical claims data. The vendor will oversee or conduct high-level actuarial modeling to project funding requirements, stress-test adverse loss scenarios, and determine an appropriate balance between retained and transferred risk. Questions must be submitted by August 10, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due August 21, 2026. Questions must be submitted by August 10, 2026.
Who issued this RFP?: It was issued by Nassau Health Care Corporation. The work is located in East Meadow, New York, United States.
Who is a good fit for this opportunity?: Insurance risk consulting firm with professional liability expertise
Demonstrated experience with captive insurance and alternative risk financing structures
Knowledge of Cayman and United States captive domiciles and regulatory requirements
Actuarial and financial modeling capabilities, including stress testing and claims analysis
Experience advising on captive restructuring, risk retention groups, and capitalization strategy

Analysis generated by Settle AI from the source RFP.

RFP Hunter shows what is open. Settle shows what is forming.

Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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