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Captive Insurance Design and Domicile Specialist

Active
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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This subcontract opportunity for a Captive Insurance Design and Domicile Specialist supports prime contractors conducting feasibility studies for the Maryland Department of Housing and Community Development. The selected specialist will provide critical legal structuring and domicile recommendations, analyzing optimal jurisdictions and conducting comprehensive market and stakeholder assessments. The scope of work requires deep expertise in insurance law or captive management to ensure the project meets all regulatory and strategic requirements. Key deliverables for this engagement include a Domicile and Structure Recommendation Memorandum and a detailed Governance Framework Outline. Interested parties must respond by November 3, 2026. The project falls under NAICS code 541110 and is focused on establishing a robust legal and operational foundation for the agency's insurance initiatives.

General Info

Captive insurance specialist needed for Maryland DHCD feasibility studies. Deadline November 3, 2026.

Documents

This scope was carved out of BPM059226.

The full solicitation package (4 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Deductible Buyback Captive - Feasibility Study

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Organization & Contact Information

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AgencyMaryland → Department of Housing & Community Development
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Provides legal structure and domicile recommendations for prime contractors on Maryland Department of Housing & Community Development feasibility study projects. Analyzes optimal jurisdictions, develops governance framework outlines, and conducts market and stakeholder assessments. Requires expertise in insurance law or captive management. Delivers Domicile and Structure Recommendation Memorandum and Governance Framework Outline.

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More opportunities from Maryland → Department of Housing & Community Development

Same awarding agency

NAICS: 541611
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Deductible Buyback Captive - Feasibility Study
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The Maryland Department of Housing and Community Development is seeking a qualified third-party insurance consulting firm to conduct a comprehensive feasibility study for a Deductible Buy-Back Captive Insurance Program tailored for affordable multifamily housing projects. The selected consultant will provide data-driven recommendations regarding the viability of captive formation, including the optimal domicile, structure, required capital levels, and expected financial performance. Key deliverables include a data validation memorandum, actuarial analysis report, financial pro forma model, governance framework, and a final feasibility report with an implementation roadmap. The project is expected to be completed within 12 to 16 weeks from contract execution. This is a firm fixed price agreement with a six-month base period. Award will be based on the Competitive Sealed Proposals method, where technical and financial factors are given equal weight. Technical evaluations will focus on the offeror's work plan and preferred qualifications. Proposals must be submitted via the eMMA portal in two separate volumes: a technical proposal and a financial proposal. Contractors are required to maintain documented cybersecurity controls for sensitive financial data and must provide an affirmative statement agreeing to the prohibition of non-compete clauses. Payment is processed via electronic funds transfer and is contingent upon the submission of a signed Deliverable Product Acceptance Form.
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