Insurance Regulatory Analytical Examination Services

The Arizona Master Agreement CTR078557 is an Indefinite Delivery Vehicle (IDV) focused on providing comprehensive Insurance Regulatory, Analytical, and Examination Services for the Arizona Department of Insurance and Financial Institutions (DIFI). The contract enables procurement of specialized services including financial examinations, market conduct reviews, insurance risk assessments, and regulatory analytical activities. These services cover critical functions such as examining insurers' financial conditions, reviewing compliance with state and federal laws, conducting specialized insurance risk analyses, and performing threshold rate reviews for public agency pools.

The master agreement is awarded to Baker Tilly Advisory Group Parent LP, with a performance period from September 8, 2025, to March 30, 2029. Managed by the Arizona Department of Administration's State Procurement Office, this contract is a single-agency IDV specifically designed for the Arizona Department of Insurance and Financial Institutions. The contract operates on an as-needed basis with no guaranteed spending commitment, allowing for flexible task assignments based on specific regulatory requirements. Professional service rates vary by role, ranging from $95 to $295 per hour, covering 20 distinct professional categories in financial examination, market conduct, technology, and specialized insurance examination services.