Kentucky CGI Advantage 4 #RFP-676-2200000120-1

Award for Actuarial and Investment Specialist Services for Insurance Examinations

This award notice details the Kentucky Department of Insurance's selection of a contractor for actuarial and investment specialist services to support insurance company financial examinations: - Government Buyer: - Kentucky Department of Insurance (Frankfort, KY) - Scope of Services: - Actuarial and investment specialist services to assist with financial examinations of insurance companies - Services required to comply with Kentucky Revised Statutes and National Association of Insurance Commissioners (NAIC) Accreditation Program standards - Focus on regulatory compliance and expert analysis for insurer examinations - Products/Services Requested: - Professional services only; no physical products or OEMs specified - Unique/Notable Requirements: - Contractor must provide actuarial and investment expertise - Work supports state and NAIC regulatory standards for insurance company oversight - No specific OEMs or vendors are named in the notice - Place of Performance: - Kentucky Department of Insurance, Frankfort, KY

Description

The Department of Insurance issued a Request for Proposal (RFP) to procure a contractor to perform services as an Actuarial and Investment specialist. The specialist will participate in financial examinations of insurers as required under Kentucky Revised Statutes and the National Association of Insurance Commissioners' Accreditation Program. The contract involves providing expertise in actuarial and investment areas to support regulatory financial exams. The solicitation was posted on November 15, 2021, with a response deadline of November 23, 2021, and was awarded on January 10, 2022.

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