The purpose of this request for proposal (RFP) is to solicit offers from qualified vendors for actuarial services for the MACo Property and Casualty Trust (PCT) & Workers' Compensation Trust (WCT).
The PCT Trust provides self-insured coverages for member property and liability claims. The Trust is responsible for allocating the costs of claims and expenses associated with the operation of the Trust among its members. While allocating costs, the Trust attempts to balance goals of fairness for individual members with stability in contributions from year to year.
Actuarial studies provide the MACo PCT with reasonable projections of:
- Gross and net ultimate losses and outstanding net liabilities including allocated loss adjustment expenses and unallocated loss adjustment expenses;
- Confidence levels for undiscounted reserves; and
- Projected undiscounted net ultimate losses.
- Projected allocations for the PCT members
- Loss ratios for the PCT members
The Trust's consulting actuary reports directly to the Board of Trustees for the PCT on a semi-annual basis.
For further details, view complete RFP.
Proposals must be received by May 11, 2026 at 5 PM MST. Any proposal received after this date and time will not be considered.
If proposers have questions about the RFP, they are encouraged to submit them as soon as possible, but no later than May 4, 2026.
Questions must be emailed to Bonnie Knopf, PCT/WCT Chief Operations Officer, bknoft@mtcounties.org
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