The Insurance Development and Regulatory Authority focuses on the design, implementation, and oversight of specialized insurance mechanisms, with a significant strategic priority placed on disaster risk financing. The agency is currently prioritizing the development of macro-level and community-level flood risk insurance products to facilitate payouts to beneficiaries.
Insurance Development and Regulatory Authority is a government agency with procurement activity across contracts, awards, and contractors. Over the last 12 months, Insurance Development and Regulatory Authority has obligated $123,071,200, issued 2 awards, and worked with 2 contractors.
Spending trends, top contractors, industry breakdown, and recent contract activity.
AI Mission Profile
The Insurance Development and Regulatory Authority focuses on the design, implementation, and oversight of specialized insurance mechanisms, with a significant strategic priority placed on disaster risk financing. The agency is currently prioritizing the development of macro-level and community-leve...
The Insurance Development and Regulatory Authority focuses on the design, implementation, and oversight of specialized insurance mechanisms, with a significant strategic priority placed on disaster risk financing. The agency is currently prioritizing the development of macro-level and community-level flood risk insurance products to facilitate payouts to beneficiaries. Key initiatives include the establishment of calculation agents for risk assessment and the integration of environmental and social safeguards into their insurance frameworks.
Procurement patterns indicate a heavy reliance on professional services and specialized technical expertise. The agency frequently solicits individual consultants and third-party firms for placement services, monitoring and evaluation, and capacity building for stakeholders. Their procurement activity centers on the acquisition of intellectual capital and advisory services to support the operationalization of complex insurance products.
The agency operates as a regulatory and developmental body, coordinating with national insurers such as the Sadharan Bima Corporation to execute insurance disbursements. Its organizational scope involves managing the intersection of financial risk products and social safeguards, utilizing a mix of solicitation-based awards and direct selection for specialized insurance providers.
Recent Insurance Development and Regulatory Authority Contracts
The latest contract opportunities posted by Insurance Development and Regulatory Authority, including active solicitations and recent awards.
Senate-confirmed and senior-executive posts at Insurance Development and Regulatory Authority and its sub-agencies, as published in the OPM Plum Book. These are leadership positions, not total employees.
Leadership posts
0
Filled
0
Vacant
0
Acting officials
0
No senior leadership posts resolved to this agency yet
Recent Insurance Development and Regulatory Authority Contracts
The latest contract opportunities posted by this agency, including active solicitations and recent awards.
