Capital Adequacy Testing and Consulting Services
- Buyer
- Insurance Corporation of BC
- Location
- British Columbia, CAN
- Closing date
- Aug 20, 2026
- Published
- Jul 22, 2026
- Province or region
- British Columbia
- Notice type
- Open to bid
- Reference number
- 00005131548
- Solicitation number
- NRFP 8622
Summary
ICBC (Insurance Corporation of BC) in British Columbia seeks consulting services to enhance and maintain its capital adequacy and economic capital modelling. Work includes expertise with the Conning ADVISE platform, model updates/enhancements, capital adequacy and Minimum Capital Test (MCT) analysis, software version upgrades, training, documentation and advisory support.
From the notice
ICBC is seeking proposals from qualified and experienced consultants to provide capital adequacy testing and consulting services. The successful proponent will support ICBC in enhancing, maintaining, and updating its financial scenario modelling capabilities used to assess capital adequacy and support regulatory and capital management requirements. The services include providing expertise in the Conning ADVISE platform, supporting updates and enhancements to ICBC’s economic capital model, assisting with capital adequacy analysis and Minimum Capital Test (MCT) activities, supporting software version upgrades, and providing related training, documentation, and advisory services as required.
Work type
Contact
ICBC Strategic Supply Management