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Property and Casualty Claims Audit Services

Overview


Financial, Legal, HR & Staffing
Vancouver, Washington, United StatesPosted about 1 month agoDeadline: April 17th, 2026

Fit Score


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SUMMARY


Seeking a vendor to conduct an audit of property and casualty claims processes, including reserves, adjuster workloads, and file documentation, for a Washington-based organization.

KEY REQUIREMENTS


BUDGET

Estimate

$20,000 – $50,000

TIMELINE


RFP distribution: March 13th, 2026

Deadline for written questions: April 10th, 2026

Deadline for receipt of proposals: April 17th, 2026 at 4:30 pm PDT

Selection of provider: By May 15th, 2026

Audit dates: June 22nd-July 3rd, 2026

Draft report issued: By August 14th, 2026

Final report issued: By August 31st, 2026

QUESTION DEADLINE


April 10th, 2026

Issuing Agency


Risk Co-Op for SW Washington Schools

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The selected vendor will provide comprehensive audit services for property and casualty insurance claims. The scope includes evaluating claims filing procedures and forms to ensure compliance and effectiveness. Auditors are to verify that case reserves for each claim are established at appropriate jury verdict values and that these reserves are reviewed at least every ninety days, or as practical, with reviews documented in the claims diary.

The audit will assess adjuster workloads for appropriateness and ensure claims payment processes incorporate robust internal controls with adequate review and approval by claims management staff. File documentation must be complete and current, and claim resolution practices should be assessed for timeliness and appropriateness. Additionally, the audit will identify and document opportunities for recoveries on each claim. All questions regarding the RFP must be submitted by April 10, 2026.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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