Captive Insurance Company Actuarial Examinations

This IDV provides access to specialized actuarial examination services for captive insurance companies operating within Michigan. The vehicle enables state and local entities to procure professional actuarial assessments and related consulting services necessary to evaluate the financial soundness, reserve adequacy, and regulatory compliance of captive insurance operations. These examinations are critical for ensuring proper risk assessment and maintaining the integrity of self-insurance mechanisms utilized by public sector organizations.

Columbia Point Consulting, LLC serves as the prime contractor for this Michigan IDV contract number MA260000001308, with an award date of October 12, 2026. The contract provides coverage for the State of Michigan and is structured as an indefinite delivery vehicle to accommodate the state's ongoing examination and consulting needs. This procurement vehicle enables flexible access to actuarial expertise on an as-needed basis, supporting Michigan's captive insurance regulatory and operational requirements.