SLED Opportunity · NEW YORK · NEW YORK
AI Summary
The New York State Department of Financial Services seeks actuarial consulting services to analyze loss reserves and recommend medical malpractice insurance rates. Proposals due April 14, 2026.
The New York State Department of Financial Services seeks to obtain the services of an actuarial consultant(s) to analyze loss and loss adjustment expense reserves and/or other related items (e.g. anticipated future investment income and provision for reinsurance, etc.) for specific insurance companies designated by the Property Bureau and to submit thereon and make recommendations for medical malpractice rates. Such Services must be performed in accordance with the specifications set forth in this Request For Proposals ("RFP"). The RFP and related attachments are available for download from the Department's website at: https://www.dfs.ny.gov/procurement. Important dates: Questions due by 3:00pm ET on Wednesday, March 18, 2026. Answers will be posted on our website on or about Wednesday, March 25, 2026. Due Date/ Time for Proposals is Tuesday, April 14, 2026 by 3:00pm ET. Communications regarding this procurement are restricted under NYS Finance Law Section 139j. Any inquiries should be sent only to the designated contacts listed in this advertisement. **Please note: Any proposed extraneous terms and/or modifications will need to be submitted during the question/answer period** All inquiries shall be made by email to the following address: RFP@dfs.ny.gov. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: Madison Consulting Group (Later reassigned to FTI Consulting, after taking ownership of Madison Consulting) Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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