Workers' Compensation Statistical Agent

The Florida Office of Insurance Regulation (Office) is seeking to utilize the services of the National Council on Compensation Insurance (NCCI) as its Workers' Compensation Statistical Agent for a 5-year term. The Office is required by Florida Statute to designate a Statistical Agent, and NCCI has been the only licensed Statistical Agent in Florida for the last 77 years, with Florida and national expertise in using the state's statistical plan to collect workers' compensation insurer data to aid the Office in ensuring compliance with Florida's insurance code. Prospective vendors who believe they can provide these services must submit relevant information by May 18, 2023, and if the Office determines NCCI is the only available source, it will post notice of the intended single-source decision. There is no cost to the State of Florida for these services, as NCCI's role as the Statistical Agent is tied to its function as the state's only licensed Workers' Compensation Rating Organization, which collects and consolidates detailed insurance company financial data to develop rates on behalf of all Florida licensed workers' compensation insurers. NCCI is the preeminent national repository of workers' compensation information and performs critical functions for state governments and insurers across 35 states and the District of Columbia.

This is a single-source procurement, and the Office has determined that NCCI is the only vendor capable of providing the required services. There are no set-aside designations or restrictions on the types of organizations that can respond, as this is a sole-source procurement. The incumbent vendor is NCCI, which has been the sole Statistical Agent for Florida for the past 77 years. The Office has not provided any information on the potential award value or budget range for these services, as the role of Statistical Agent is tied to NCCI's function as the state's only licensed Workers' Compensation Rating Organization.