NAIC Hires DiMeo Schneider as New Investment Consultant Following an eRFP on InHub
The National Association of Insurance Commissioners (NAIC) and its affiliate the National Insurance Producer Registry (NIPR) have selected DiMeo Schneider as the new Investment Consultant for its Defined Contribution Retirement Plans, Defined Benefit Retirement Plans and Long-Term Investment Funds. An RFP was issued earlier this year via InHub’s online RFP technology (theinhub.com) as a due diligence measure and to test the market.The new contract is set to begin October 1, 2017.
This message was approved by Brent Roper, Director, Human Resources, National Association of Insurance Commissioners
ORIGINAL POST: INVESTMENT CONSULTANT ERFP ISSUED FOR $250M+ IN COMBINED ASSETS
Mandate Size: $250m+
Location: Kansas City, MO
The National Association of Insurance Commissioners (NAIC) and its affiliate the National Insurance Producer Registry (NIPR) have issued an invite-only eRFP (through theinhub.com) to select candidates for Traditional Investment Consulting services for its Defined Contribution (combined: $74m) and Defined Benefit Retirement Plans ($42m) and Long-Term Investment Funds (undisclosed). The Plans are currently serviced by an independent IRA (name not released) and the incumbent is invited to re-bid. The purpose of the RFP is to prudently gain insight into the fees and services typically available in the market. Proposals from invited firms are due March 15, 2007, and finalists are expected to be announced in April.