Office of the Insurance Commissioner Request for Proposals Due Nov. 17, 2025

OIC has issued a request for proposals to solicit responses from individuals or Vendors interested in participating in a project to:

 

• Analyze information insurers use to determine personal insurance premiums, rates, and coverage (rate factors),

• Evaluate if rate factors, including credit history and credit-based insurance scoring models, have disparate impacts on Washington residents by race, ethnicity, sex, socioeconomic status, and national origin (demographic characteristics) in terms of consumer costs, premiums, rates, eligibility for coverage, and availability of insurance (consumer impacts),

• Identify alternative rate factors that do not have disparate consumer impacts on Washington residents and do not depend on credit history or credit-based insurance scoring models,

• For legislative consideration, develop policy options and recommendations related to allowance, prohibition, or contingent use of rate factors that may have a disparate consumer impact on Washington residents; and

• Evaluate how rate factors, alternative rate factors, policy options, and recommendations may impact Washington consumers and if the impacts are disparate.

 

The work is authorized by Engrossed Substitute Senate Bill 5167, Section 145(6). The OIC will evaluate proposals to determine whether to award one contract or multiple contracts for the services outlined in this RFP.

 

Minimum qualifications include, but are not limited to:

• Licensed to do business in the State of Washington or provide a commitment that it will become licensed in Washington within thirty (30) calendar days of being selected as the Apparent Successful Contractor.

• Demonstrate knowledge of, and prior experience in, the areas of work for which the proposal is being submitted. Vendor must have previously held sixty (60) months of responsibilities substantially the same as, or very similar to, the Scope of Work in Section 1.2, Objectives and Scope of Work, of this RFP.

• Agree to the Certifications and Assurances set forth in Exhibit A.

• Submit proposals as specified in Section 3, Proposal Contents, of this RFP.

• Contractor must be, employ, or subcontract with an insurance actuary who is a member of the American Academy of Actuaries and meets the qualification standard to complete the scope of work stated in this RFP. The credentialed insurance actuary shall perform or be responsible for all actuary services under the Contract. Actuarial work must be supervised by an individual who is a member of the American Academy of Actuaries.

• Contractor must employ or subcontract with an individual who possesses the expertise necessary to complete the data call described in the Objectives and Scope of Work.

• If the proposed data call includes confidential data collection, Contractor must demonstrate ability to operationalize a data security plan, as described in Section 1.2.2, Objectives and Scope of Work > Data Collection, of this RFP.

• Project team leadership by an individual with professional experience interpreting data and research findings to inform public policy recommendations and evaluate their potential economic and consumer impacts.

• Ability to convey complex actuarial and technical information to a lay audience.

 

Find the full solicitation on Washington’s Electronic Business Solution (WEBS), and on the Office of Insurance Commissioner Contracting Opportunities Page.

All updates and amendments will be posted in WEBS and on OIC’s website. Vendors not registered in WEBS will not receive emailed notices of updates or amendments to the solicitation and must retrieve them from OIC’s website.