Property Casualty Claims Audit Services

Overview

Financial, Legal, HR & Staffing

Vancouver, Washington, United StatesPosted about 2 months agoDeadline: April 17th, 2026

Fit Score

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SUMMARY

The government in Vancouver, Washington requires an audit of its property casualty claim processes, focusing on reserving, adjusting procedures, and administration standards.

KEY REQUIREMENTS

Provide firm history and description
List individuals involved in the audit with their qualifications and experience
Submit a statement declaring independence from the audited program and related entities
Demonstrate experience with property/casualty self-insured clients and school/public entity pools in Washington State or the Northwest
Provide at least two references, one recent client and one public entity/intergovernmental-pool client
Describe the audit methodology, including activities, number of claims to review, time needed, and proposed timeline
Provide a sample property/casualty claims audit report
Submit a flat fee for the audit, including all expenses
Provide the name, title, signature, and date of the proposal completer

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

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DESCRIPTION

The government authority in Vancouver, Washington seeks a qualified vendor to provide property casualty claims audit services. The selected auditor will review the claim reserving, adjusting, and payment procedures used in claims administration programs, evaluating processes and reporting on strengths, areas for improvement, findings, conclusions, and specific recommendations.

This audit will include an assessment of claims filing procedures, forms, and the adequacy of standards related to establishing and reviewing case reserves. Auditors will verify that reserves are set to match jury verdict values, reviewed at least every ninety days or as practicable, and properly documented within the claims diary. Additionally, the review will address adjuster workloads to ensure claims are processed efficiently and timely. A written report covering the numbers and types of claims handled, alongside adjuster activity, is required as part of the engagement.

Questions from prospective vendors will be accepted until April 10, 2026.

Source attribution

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