Coralisle Medical Insurance Company LTD.

Coralisle Medical Insurance Company LTD., a Bermuda-based international for-profit organization, provides health insurance services to locally employed staff at U.S. Department of State diplomatic facilities overseas, operating exclusively as a prime contractor on single-award indefinite-delivery contracts with no federal subcontractors. The vendor holds no SBA set-aside designations and competes on full-and-open basis.

Coralisle's federal customer base is concentrated entirely within the Department of State. The Department of State's Bureau of European and Eurasian Affairs accounts for all fifteen prime awards and $23.4 million of the $28.8 million combined potential value; the Department of State's U.S. Consulate Hamilton (the administrative office for the vendor's primary place of performance) accounts for two awards and $5.4 million. The vendor's geographic footprint is limited to Bermuda, where it delivers health insurance administration for locally employed consular staff.

The vendor sits on three single-award indefinite-delivery contracts issued by the Department of State's Bureau of European and Eurasian Affairs. The largest vehicle, Indefinite Delivery Contract 19UK5621D0010 with a $3 million ceiling, generated ten delivery orders valued at $19.1 million combined potential value. A second IDC awarded on July 1, 2026, carries a $4 million ceiling and runs through June 30, 2031, extending the vendor's health insurance services commitment across the remainder of the 2031 fiscal year. Two smaller IDCs round out the vehicle portfolio. Recent delivery orders include a $416.8 thousand order on January 29, 2026, for health insurance services under FY 26 funding, and a $173.6 thousand order on June 4, 2026, extending health insurance coverage through June 30, 2031.

Activity has remained modest and episodic. The vendor received two awards in 2022, three in 2023, two in 2024, one in 2025, and three in 2026, with only one award (valued at $417 thousand) facing ultimate completion inside the next twenty-four months. Service Contract Inventory data shows $449 thousand in SCI-reportable invoiced revenue in FY 2022 and zero invoiced revenue in FY 2023 and FY 2024, reflecting the fact that most of the vendor's work falls below the $150 thousand SCI reporting threshold or operates outside SCI scope. The vendor reports zero FTE delivery on all records, indicating that health insurance administration is performed remotely or through administrative personnel not captured in SCI workforce reporting. Across SCI-reportable hours, median government-paid rates ran around $22,434 per hour, with rates ranging from roughly $14,168 per hour at the tenth percentile to $30,700 per hour at the ninety-fifth percentile.