Captive Insurance Application & Financial Review
Sector: Residential • Location: South Dakota, United States of America
Source: South Dakota Purchasing Group
3 . 1 Application Analysis The Vendor will review captive insurance company applications and other filings remitted to it by the Division of Insurance . The Vendor will provide the Division of Insurance with the Summary Admission Memo . The Summary Admission Memo will include , but is not limited to , recommend
- Status
- Closed
- Sector
- Residential, Commercial
- Location
- South Dakota, United States of America
- Updated
- 3 Nov 2026
- Source
- South Dakota Purchasing Group
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Tender Information
Participants
| Not available for this record. |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-11-03 |
Contact
| Not available for this record. |
Description
Description | 3 . 1 Application Analysis The Vendor will review captive insurance company applications and other filings remitted to it by the Division of Insurance . The Vendor will provide the Division of Insurance with the Summary Admission Memo . The Summary Admission Memo will include , but is not limited to , recommendations concerning the application , and whether the application requires amendments , modifications , or additional supporting documentation . The Vendor will also analyze the application to determine if the application contains any deficiencies or items of concern . The Vendor will provide recommendations concerning approval or disapproval of the application and whether the application satisfies the requirements of SDCL Ch . 58 - 46 . 3 . 2 Annual Financial Analysis The Vendor will review annual financial filings for captive insurance companies remitted to it by the Division of Insurance . The financial filings may include an annual report of financial condition , audited of annual report , actuarial report , and other items deemed necessary to complete the annual financial analysis . The Vendor will provide the Division of Insurance with the Summary Analysis Memo . The Summary Analysis Memo will include relevant analytics , basic information concerning the captive and its financial soundness , and a solvency score . |
Location
Country | United States of America (USA) |
State | South Dakota |
Source
Source | South Dakota Purchasing Group |
URL |
More Details
Record type | Tender |
Sector | Residential, Commercial |
Article published date | 2026-04-08 |
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