CanadaBuys #BCNRFP_8622

ICBC Capital Adequacy Testing and Consulting Services (Conning ADVISE Platform)

The Insurance Corporation of British Columbia (ICBC) is seeking consulting services to support its capital adequacy and financial scenario modelling needs. - Government Buyer: - Insurance Corporation of British Columbia (ICBC) - OEMs and Vendors: - Conning (ADVISE platform) - Products/Services Requested: - Capital adequacy testing and consulting services - Enhancement, maintenance, and updates to financial scenario modelling for capital adequacy - Expertise in the Conning ADVISE platform - Updates and enhancements to ICBC’s economic capital model - Support for capital adequacy analysis and Minimum Capital Test (MCT) activities - Software version upgrades for the Conning ADVISE platform - Training, documentation, and advisory services related to the above - Unique or Notable Requirements: - Deep expertise in the Conning ADVISE platform is required - Services focus on regulatory compliance and capital management - No specific product part numbers or quantities are listed; the opportunity is for professional consulting and advisory services

Description

ICBC is seeking proposals from qualified and experienced consultants to provide capital adequacy testing and consulting services. The successful proponent will support ICBC in enhancing, maintaining, and updating its financial scenario modelling capabilities used to assess capital adequacy and support regulatory and capital management requirements. Services include expertise in the Conning ADVISE platform, updates and enhancements to ICBC’s economic capital model, capital adequacy analysis and Minimum Capital Test activities, software version upgrades, and related training, documentation, and advisory services.

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