The North American Industry Classification System (NAICS) code 524130 covers Reinsurance Carriers, which are specialized insurance companies that provide risk transfer and financial protection services to primary insurance providers. These carriers help manage and distribute risk across the insurance industry by taking on portions of potential insurance claims from other insurance companies. Reinsurance services are critical for stabilizing insurance markets and enabling primary insurers to take on larger or more complex risk portfolios. The federal contract awards in this NAICS category focus specifically on reinsurance broker support services for the Federal Emergency Management Agency (FEMA), particularly within the Federal Insurance and Mitigation Administration (FIMA). Guy Carpenter & Company, LLC, a subsidiary of Marsh & McLennan Companies Inc., has been the primary contractor, receiving multiple delivery orders ranging from $3 million to $5.6 million. These contracts support the National Flood Insurance Program (NFIP) by providing specialized services including data modeling, risk analytics, traditional reinsurance structure support, and advisory services. The contracts are typically firm fixed-price delivery orders with performance periods ranging from one to three years, and none of the recent awards utilized specific set-aside designations. The provided documentation does not include information about recent Federal Contract Opportunities for this NAICS code. The available data is limited to the federal contract awards previously discussed, which were all related to FEMA's reinsurance and flood insurance risk management initiatives.
Name | Description | Awardee | Potential Value (Click to sort descending) | Award Date (Click to sort descending) | Last Date To Order (Click to sort descending) | Updated At (Click to sort descending) |
|---|---|---|---|---|---|---|
70FA6023D00000001 | Guy Carpenter & Company, LLC | $13.5m | 4/16/23 | 4/15/26 | 2/13/25 | |
70FA6018D00000003 | AON Re Inc. | $50.7m | 3/20/18 | 3/19/23 | 2/15/22 | |
70FA6018D00000004 | Guy Carpenter & Company, LLC | $53.5m | 3/15/18 | 4/15/23 | 3/10/23 |
Name | Description | Awardee | Potential Value (Click to sort descending) | Award Date (Click to sort descending) | Completion Date (Click to sort descending) | Updated At (Click to sort descending) |
|---|---|---|---|---|---|---|
Purchase Order V596C80077 | Health Net Federal Services, LLC | $44.0k | 10/1/07 | 8/31/08 | 10/1/07 | |
Purchase Order V581C80145 | Health Net Federal Services, LLC | $55.0k | 4/1/08 | 8/31/08 | 4/1/08 | |
Definitive Contract FA702211C0003 | Chugach World Services, Inc. | $8.1m | 12/15/10 | 6/30/14 | 5/12/16 | |
Purchase Order V614V80050 | Health Net Federal Services, LLC | $90.7k | 10/1/07 | 8/31/08 | 10/1/07 | |
Purchase Order N4940005PB049 | Trident E&P, LLC | $0 | 9/6/05 | 9/6/06 | 3/7/06 |
Name | Description | Solicitation Number | Federal Agency | Type | Posted Date (Click to sort descending) |
|---|---|---|---|---|---|
FEMA/Federal Insurance Mitigation Administration (FIMA) Reinsurance Broker Services | 70FA6023R00000006 | Federal Emergency Management Agency | Pre-Solicitation 2/3 | 3/13/23, 3:52 PM | |
FEMA/Federal Insurance Mitigation Administration (FIMA) Reinsurance Broker Services | 70FA6023R00000006 | Federal Emergency Management Agency | Limited / Sole Source Justification 3/3 | 3/24/23, 3:16 PM | |
FEMA/Federal Insurance Mitigation Administration (FIMA) Reinsurance Broker Services | 70FA6022I00000001 | Federal Emergency Management Agency | Pre-Solicitation 1/3 | 3/3/22, 4:52 PM | |
Reinsurance Contract | 83310120Q0016 | Export Import Bank of the US | Solicitation 1/2 | 3/13/20, 3:39 PM | |
FEMA/Federal Insurance Mitigation Administration (FIMA) Reinsurance Broker Services RFI | 70FA6021I00000002 | Federal Emergency Management Agency | Pre-Solicitation 1/1 | 4/1/21, 3:40 PM |
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