This page contains all open requests for vendor services.
- Request for Proposal - Catastrophe Modeling Services
- Request for Proposal - Reinsurance Broker Services
Currently, there are no open requests. Please open the accordions below to learn more about specific requests.
Request for Proposal – Catastrophe Modeling Services
On October 1, 2021, the Texas Windstorm Insurance Association (TWIA) issued a Request for Proposal (the "RFP") to solicit submissions for the services described therein. TWIA relies on the results of catastrophe modeling to make funding decisions and in its ratemaking and is issuing this RFP to select a vendor to assist TWIA in these processes.
Written Questions and Responses
Written questions and responses to the RFP are available on our website here.
Review Process
The submissions will be reviewed by an evaluation committee. The evaluators will consider how well the vendor's proposed solution meets TWIA's needs as described in the RFP. It is important that all responses be clear and complete so that the evaluators can adequately understand all aspects of the response. The evaluation process may or may not lead to a contract award.
Rights and Obligations
TWIA accepts no obligation for any costs incurred in responding to the RFP and reserves the right to accept or reject any or all submissions. TWIA is under no obligation to award a contract on the basis of the RFP. TWIA reserves the right to modify this RFP and/or to issue alternate or additional RFPs at its discretion.
Target Dates
October 1, 2021, RFP issued
October 8, 2021, Deadline for submission of questions/requests for clarification
October 15, 2021, Responses to written questions posted on the TWIA website
October 22, 2021, Deadline for submission of responses
Contact Information
Any requests for information should be directed to:
Texas Windstorm Insurance Association
Attention: Jim Murphy, ActuarialServices@twia.org
Request for Proposal – Reinsurance Broker Services
On October 1, 2021, the Texas Windstorm Insurance Association (TWIA) issued a Request for Proposal (the "RFP") to solicit submissions for the services described therein. TWIA purchases reinsurance and other alternative risk financing mechanisms annually as part of its required funding and is issuing this RFP to select a reinsurance broker to assist TWIA in this process.
Written Questions and Responses
Written questions and responses to the RFP are available on our website here.
Review Process
The submissions will be reviewed by an evaluation committee. The evaluators will consider how well the vendor's proposed solution meets TWIA's needs as described in the RFP. It is important that all responses be clear and complete so that the evaluators can adequately understand all aspects of the response. The evaluation process may or may not lead to a contract award.
Rights and Obligations
TWIA accepts no obligation for any costs incurred in responding to the RFP and reserves the right to accept or reject any or all submissions. TWIA is under no obligation to award a contract on the basis of the RFP. TWIA reserves the right to modify this RFP and/or to issue alternate or additional RFPs at its discretion.
Target Dates
October 1, 2021, RFP issued
October 8, 2021, Deadline for submission of questions/requests for clarification
October 15, 2021, Responses to written questions posted on the TWIA website
October 22, 2021, Deadline for submission of responses
Contact Information
Any requests for information should be directed to:
Texas Windstorm Insurance Association
Attention: Jim Murphy, ActuarialServices@twia.org