The Kansas Department of Insurance is seeking competitive bids from qualified vendors to provide examination related services pursuant to the Kansas Code contained in Chapter 12, Chapter 40, and Chapter 44 of the Kansas Statutes Annotated as follows:
a. Provide financial condition examination services for Kansas-domiciled insurance companies and other insurance-related entities under the regulatory authority of the Department.
b. Provide training of Department staff in risk-focused and other examination procedures.
c. Provide qualified examination staff or specialist staff to assist the Department in performing examinations.
d. Provide pre-accreditation reviews to assist the Department in preparing for its accreditation review by the National Association of Insurance Commissioners.
The selected contractors will form a pool to provide risk-focused financial condition examination services for Kansas-domiciled insurance companies (life, property and casualty, health, and captive) and other insurance-related entities, in accordance with NAIC guidance. Services include performing examination procedures to assess financial condition, solvency risks, corporate governance, internal controls, and compliance with Kansas laws. Contractors may also provide training to Department staff on risk-focused examination procedures, provide qualified examination or specialist staff to assist in examinations, and provide pre-accreditation reviews to prepare for NAIC accreditation review. Work may be performed virtually, on site, at the Department, or at the Contractor's offices as mutually agreed. The contract term is five years, from January 1, 2027 through December 31, 2031.
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Most Kansas work asks for the two below, and the solicitation documents are where it’s stated. One prequalification covers both — on this bid and the next.
A surety’s written statement that it expects to bond you up to a stated amount, subject to final underwriting. It’s what an agency asks to see before they take your bid seriously.
Source: Kansas eSupplier (event EVT0010967), retrieved via the Kansas eSupplier public bid portal. View the official posting, and always confirm requirements and deadlines with the issuing agency.