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Notice of Request for Proposals

Insurer Market Conduct Examination Services

Contact: Reyn Norman, General Counsel



8/7/2008

[Notice issued August 7, 2008]

[Notice revised August 8, 2008]

The Alabama Department of Insurance (DOI) hereby gives notice of the issuance of a Request for Proposals (RFP) for qualified respondents to provide the DOI with the following professional services:

  • Insurer Market Conduct Examination Services

Contracts are contemplated to be awarded for the term October 1, 2008, through September 30, 2009. Responses to the RFP must be received not later than September 8, 2008, at 3:00 PM CDT. Each RFP is made up of four individual documents, as follows: The RFP, the basic contract contemplated (which is Exhibit “A” to the RFP), the confidentiality agreement for use of TeamMate® software (which is Exhibit “B” to the RFP), and a Disclosure Statement. All four documents must accompany any response.

Additional information is set forth in the attached files, each accessible in either Word or Adobe format, as indicated:

  • RFP for Professional Market Conduct Insurer Examination Services: Word | Adobe

    Exhibit A, Form Contract for Insurer Market Conduct Examination Services: Adobe

    Exhibit B, Confidentiality Agreement: Word | Adobe

The Disclosure Statement can be accessed from the Attorney General’s web site at the following address: http://www.ago.state.al.us/ag_items.cfm?Item=70

For the procedures and forms for foreign corporations to qualify to do business in the State of Alabama, please visit the web page for the Alabama Secretary of State at http://www.sos.state.al.us/.

For additional information, please send an E-Mail request to Reyn.Norman@insurance.alabama.gov.

REVISIONS TO THIS NEWS RELEASE AND RESPONSES TO QUESTIONS WILL BE POSTED BELOW.

  • Question: Our firm responded to the May 2008 RFP for Insurer Examination services. Our response included both financial condition and market conduct examination services. Do we need to respond to this RFP or are we covered under our submittal on May 31, 2008?

    Answer: We would prefer that all who wish to be considered for Insurer Market Conduct Examination services submit a separate proposal specifically responding to this RFP and citing the required qualifications set forth therein.