Actuarial and Related Insurance Services
Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
Bid Release Date: March 3rd, 2026
Deadline for Submission of Questions through COMMBUYS “Bid Q&A”: March 16th, 2026
Official Answers for Bid Q&A published (Estimated): March 30th, 2026
Deadline for Quotes/Bid Responses (“Bid Opening Date/Time” in COMMBUYS): April 30th, 2026
Oral Presentations for Selected Bidder(s) (Estimated): May 7th, 2026
Notification of Apparent Successful Bidder(s) (Estimated Award Date): June 7th, 2026
Estimated Contract Start Date: July 1st, 2026
QUESTION DEADLINE
Issuing Agency
Commonwealth of Massachusetts Division of Insurance
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The government authority in Boston, Massachusetts is seeking a vendor to provide actuarial and related professional services. This includes expertise from actuarial consultants, statisticians, economists, finance experts, meteorologists, structural engineers, industrial efficiency experts, or other professionals relevant to the insurance sector.
The scope covers support for insurance types such as private passenger motor vehicle insurance, workers’ compensation insurance (including statutory rate cases), medical malpractice insurance, and both property and casualty insurance markets. Additional services include the collection, editing, and compilation of data to assist in the review and analysis of life insurance and annuity markets, as well as analysis of market conditions across insurance sectors.
Professionals will be expected to assist in data analysis, market reviews, and provide comprehensive expertise that supports regulatory and market oversight functions.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.