Office of ResilienceIssuing agency·South Carolina·via a public procurement portalWe post new financial & insurance opportunities in South Carolina as agencies publish them. Get them in one email — free, and unsubscribe whenever.
The South Carolina Office of Resilience is issuing a Request for Information (RFI) to gather information from insurance providers on a Parametric Insurance Policy covering hurricane, flood, storm surge, earthquake, and drought hazards for the state.
The working group seeks responses from private insurance carriers with experience developing and underwriting parametric insurance policies, ideally at a state or regional level. Respondents are asked to provide estimated annual premiums for policy limits of $50,000,000, $100,000,000, and $200,000,000 for each hazard, propose tiered percentage payout structures based on defined trigger thresholds, and may suggest alternative triggers, parameters, or payout structures. The information will be used to develop a briefing memorandum for the South Carolina General Assembly.
Source: Office of Resilience (solicitation SC_SCEIS_5400030048), retrieved via a public procurement portal. View the official posting , always confirm requirements and deadlines with the issuing agency.
