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RFI: PARAMETRIC INSURANCE POLICY

Active

5400030048State & Local

Response Deadline08/21/2026, 09:00:00 PM UTC

Contract Overview

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

AI Contract Overview

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The South Carolina Department of Administration is seeking information from private insurance carriers and entities with expertise in parametric insurance policies through a Request for Information with solicitation number 5400030048. This RFI aims to gather insights from providers who have developed, underwritten, or issued parametric insurance policies at the state or regional level, particularly those with experience relevant to public sector applications. Responses are due by August 21, 2026, and should reflect practical knowledge of policy structure, risk modeling, claims triggering mechanisms, and implementation challenges specific to parametric solutions. The point of contact for inquiries is Brantly Tomlinson, reachable via email or phone, and all submissions must be made through the official online portal hosted by the South Carolina Board of Economic Development. This initiative is part of broader efforts by the state agency to evaluate innovative risk transfer tools aligned with public infrastructure and disaster resilience planning.

General Info

South Carolina seeks parametric insurance expertise for public disaster resilience via RFI due August 21, 2026.

Agency

South Carolina → Department Of AdministrationView Agency

NAICS

524126 - Direct Property and Casualty Insurance CarriersView NAICS

Place of Performance

SC, USA

Set-Aside

NONE

Documents

(0)

No documents available

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Timeline

PhaseSolicitation

PostedJul 31

Solicitation

Response DeadlineAug 21

Submission deadline

Response Deadline

08/21/2026, 09:00:00 PM UTCin 20 days

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Organization & Contact Information

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AgencySouth Carolina → Department Of Administration

Contacts1 person available

OfficeN/A

Organization / Agency

South Carolina → Department Of Administration

View Agency Profile

Office AddressN/A

Contacts

Brantly Tomlinson

contact@example.gov

+1 (555) 000-0000

Full Description

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This Request for Information (RFI) to seek information from insurance providers and/or other entities who work with and have expert knowledge of Parametric Insurance Policies. Questions related to the RFI are due by August 7th as stated below. This RFI seeks responses from private insurance carriers and/or providers with experience developing and underwriting policies related to Parametric Insurance; ideally with experience in issuing policies at a State or regional level.

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