The State Fiscal Accountability Authority, Division of Procurement Services, on behalf of the South Carolina Insurance Reserve Fund (IRF) is soliciting bids from qualified applicants to establish a contract in accordance with §1-11-147 of the SC Code of Laws. This contract will provide the IRF with 100% reinsurance on the automobile policies issued by the IRF. Such an arrangement is not subject to South Carolina Premium Tax. In all other respects, the successful bidder will function as a direct insurer and will provide claims, engineering, and reporting services as specified in this document, and will commit all necessary information technology resources in order to provide for the transmission of data between themselves and the IRF
