Specifications include, but are not limited to: The Vendor will review captive insurance company applications and other filings remitted to it by the Division of Insurance. The Vendor will provide the Division of Insurance with the Summary Admission Memo. The Summary Admission Memo will include, but is not limited to, recommendations concerning the application, and whether the application requires amendments, modifications, or additional supporting documentation. The Vendor will also analyze the application to determine if the application contains any deficiencies or items of concern. The Vendor will provide recommendations concerning approval or disapproval of the application and whether the application satisfies the requirements of SDCL Ch. 58-46.
