Captive Financial Examinations of Insurance Companies Service

The Michigan government authority is seeking a vendor to conduct captive financial examinations of insurance companies. The agency needs to ensure captive insurance company solvency, protect affiliated entities, and verify compliance with state law. The requested examinations may require the vendor to complete the entire financial examination or to perform specific tests on designated information and data. The agency requires all work to be performed offsite. Eligible bidders must be onshore organizations located within the United States. The agency is currently looking for proposals to determine the budget for this service. All questions regarding this opportunity must be submitted no later than May 29, 2026. The agency will evaluate proposals based on the submitted bids to select a qualified provider for these examination services.